EWANICK JOEL 4
4 · General Motors Co · Filed Jan 4, 2012
Insider Transaction Report
Form 4
EWANICK JOEL
Vice President
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2011-12-31+850→ 12,075 total - Tax Payment
Common Stock
[F2]2011-12-31$20.21/sh−309$6,245→ 11,766 total - Award
Common Stock
[F3][F2]2011-12-31+5,567→ 17,333 total - Disposition to Issuer
Salary Stock Units
[F1][F2]2011-12-31−850→ 1,700 totalExercise: $0.00→ Common Stock (850 underlying)
Footnotes (3)
- [F1]The Common Stock reported in this item was issued upon the settlement of a portion of a grant of Salary Stock Units ("SSUs) issued on December 31, 2010 pursuant to the Company's Salary Stock Plan (the "GMSSP") and vested upon grant. The portion of this award currently payable was settled on December 31, 2011 in shares of the Company's Common Stock, less a portion withheld for taxes.
- [F2]The SSUs do not have an expiration or exercise date or carry a conversion or exercise price. Each SSU is the economic equivalent of one share of Common Stock. Under the GMSSP, the Fair Market Value of the Common Stock is the average of the high and low trading prices for the Common Stock as reported on the New York Stock Exchange, on which the Common Stock is listed, on the date of the transaction, which was $20.21.
- [F3]The SSUs reported in this item were granted on December 31, 2011 pursuant to the GMSSP and were fully vested upon grant. The SSUs will be delivered in the form of shares of Common Stock in three equal, annual installments beginning on December 31, 2012.
Signature
/s/ Anne T. Larin, attorney-in-fact for Mr. Ewanick|2012-01-04