4//SEC Filing
General Motors Co 4
Accession 0001467858-15-000021
$GMCIK 0001467858operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 11:35 AM ET
Size
30.7 KB
Accession
0001467858-15-000021
Insider Transaction Report
Form 4
Millikin Michael P
Vice President & GC
Transactions
- Exercise/Conversion
Common Stock
2014-12-31+8,473→ 90,137 total - Exercise/Conversion
Salary Stock Units
2014-12-31−5,575→ 11,149 totalExercise: $0.00→ Common Stock (5,575 underlying) - Exercise/Conversion
Common Stock
2014-12-31+7,166→ 88,830 total - Tax Payment
Common Stock
2014-12-31$35.17/sh−3,397$119,472→ 81,664 total - Tax Payment
Common Stock
2014-12-31$35.17/sh−23,543$828,007→ 81,664 total - Exercise/Conversion
Salary Stock Units
2014-12-31−8,473→ 0 totalExercise: $0.00→ Common Stock (8,473 underlying) - Tax Payment
Common Stock
2014-12-31$35.17/sh−4,017$141,278→ 81,664 total - Exercise/Conversion
Common Stock
2014-12-31+5,575→ 87,239 total - Disposition to Issuer
Common Stock
2014-12-31$35.17/sh−4,456$156,718→ 85,681 total - Disposition to Issuer
Common Stock
2014-12-31$35.17/sh−3,769$132,556→ 85,061 total - Disposition to Issuer
Common Stock
2014-12-31$35.17/sh−34,648$1,218,570→ 105,207 total - Disposition to Issuer
Common Stock
2014-12-31$35.17/sh−2,932$103,118→ 84,307 total - Tax Payment
Common Stock
2014-12-31$35.17/sh−2,643$92,954→ 81,664 total - Exercise/Conversion
Salary Stock Units
2014-12-31−7,166→ 7,165 totalExercise: $0.00→ Common Stock (7,166 underlying) - Exercise/Conversion
Common Stock
2014-12-31+58,191→ 139,855 total - Exercise/Conversion
Restricted Stock Units
2014-12-31−58,191→ 0 totalExercise: $0.00→ Common Stock (58,191 underlying)
Footnotes (7)
- [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 December 31, 2013 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, 2014.
- [F2]Each SSU is the economic equivalent of one share of the Company's common stock (the "Stock"). Grants of SSUs are fully vested when made and will be settled in three equal, annual installments beginning one year after the date of grant. The GMSSP gives the employee the option of having a settlement made by delivery of the Stock or of cash in an amount equal to the fair market value of the Stock as of the applicable anniversary date of the SSUs' grant. Under the GMSSP, the fair value of the Stock is the average of the high and low trading prices for the Stock as reported on the New York Stock Exchange, on which it is listed, on the date of the transaction, which was $35.17. The employee opted to have these settlements made by delivery of cash, less a portion withheld for taxes.
- [F3]The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on December 31, 2012.
- [F4]The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on December 31, 2011.
- [F5]Restricted Stock Units ("RSUs") were awarded on March 31, 2014, pursuant to the Company's 2009 Long-Term Incentive Plan (the "GMLTIP"). Each RSU represents a right to receive one share of the Company's common stock upon settlement. The RSUs reported in this item were issued upon vesting of this award on December 31, 2014.
- [F6]The SSUs do not have an expiration or exercise date or carry a conversion or exercise price.
- [F7]The RSUs do not have a date on which they become exercisable or expire.
Documents
Issuer
General Motors Co
CIK 0001467858
Entity typeoperating
Related Parties
1- filerCIK 0001467858
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 11:35 AM ET
- Size
- 30.7 KB