4//SEC Filing
FERGUSON ROBERT E 4
Accession 0001467858-13-000052
CIK 0001467858other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 3:25 PM ET
Size
12.9 KB
Accession
0001467858-13-000052
Insider Transaction Report
Form 4
FERGUSON ROBERT E
Vice President
Transactions
- Tax Payment
Common Stock
2013-03-31$27.87/sh−1,904$53,064→ 63,220 total - Disposition to Issuer
Common Stock
2013-03-31$27.87/sh−931$25,947→ 65,124 total - Exercise/Conversion
Salary Stock Units
2013-03-31−2,835→ 5,666 totalExercise: $0.00→ Common Stock (2,835 underlying) - Exercise/Conversion
Common Stock
2013-03-31+2,835→ 66,055 total - Award
Salary Stock Units
2013-03-31+7,535→ 7,535 totalExercise: $0.00→ Common Stock (7,535 underlying)
Footnotes (4)
- [F1]The Common Stock reported in this item was issued upon the settlement of a portion of a grant of Salary Stock Units ("SSUs) awarded on March 31, 2012 pursuant to the Company's Salary Stock Plan (the "GMSSP") and vested upon grant. The portion of this award currently payable was settled on March 31, 2013 in cash, less a portion withheld for taxes.
- [F2]Each SSU is the economic equivalent of one share of the Company's common stock. Grants of SSU are fully vested when made and will be settled in three equal, annual installments beginning one year after the date of grant, by the delivery of cash in an amount equal to the fair market value of the Company's common stock as of the applicable anniversary date of the SSU's grant. Under the GMSSP, the fair value of the Company's common stock is the average of the high and low trading prices for the Company's common stock as reported on the New York Stock Exchange, on which it is listed, on the date of the transaction, which was $27.87.
- [F3]The SSUs do not have an expiration or exercise date or carry a conversion or exercise price.
- [F4]The SSUs reported in this item were granted on March 31, 2013 and will be settled in three equal, annual installments beginning March 31, 2013.
Documents
Issuer
General Motors Co
CIK 0001467858
Entity typeother
Related Parties
1- filerCIK 0001518343
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 3:25 PM ET
- Size
- 12.9 KB