General Motors Co 4
4 · General Motors Co · Filed Feb 12, 2014
Insider Transaction Report
Form 4
Lee Timothy E
Vice President
Transactions
- Exercise/Conversion
Common Stock
2014-02-10+18,016→ 19,016 total - Tax Payment
Common Stock
2014-02-10$35.27/sh−7,712$272,002→ 11,304 total - Exercise/Conversion
Restricted Stock Units
2014-02-10−18,016→ 6,005 totalExercise: $0.00→ Common Stock (18,016 underlying)
Footnotes (3)
- [F1]The Common Stock reported in this item was issued and delivered upon the vesting of the portion of a grant of Restricted Stock Units ("RSUs") awarded on February 10, 2011 (the "2011 RSU Grant") pursuant to the Company's 2009 Long-Term Incentive Plan (the "GMLTIP").
- [F2]Each RSU represents a right to receive one share of the Company's common stock upon settlement. The RSUs do not have a conversion or exercise price, or a date on which they are exercisable or expire.
- [F3]The Company has determined that the remainder of the 2011 RSU Grant will not vest because the terms set forth in the GMLTIP will not be satisfied.