4//SEC Filing
SOLSO THEODORE M 4
Accession 0001467858-20-000011
CIK 0001467858other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:56 PM ET
Size
8.4 KB
Accession
0001467858-20-000011
Insider Transaction Report
Form 4
SOLSO THEODORE M
Director
Transactions
- Award
Deferred Share Units
2019-12-31+10,250→ 84,592 totalExercise: $0.00→ Common Stock (10,250 underlying) - Award
Deferred Share Units
2019-12-31+3,359→ 87,951 totalExercise: $0.00→ Common Stock (3,359 underlying)
Footnotes (2)
- [F1]Deferred share units of the Company's Common Stock ("DSUs") were awarded on December 31, 2019, pursuant to the General Motors Company Deferred Compensation Plan (the "Plan") for Non-Employee Directors. Each non-employee director is required to defer one-half of the $285,000 annual retainer fee for service on the Board of Directors into DSUs and may elect to defer more. The deferred portion of the retainer fee is converted to DSUs based on the average closing price of the Company's Common Stock during the previous calendar year, which was $37.56 in 2019. Amounts credited as DSUs will be paid in cash after the director leaves the Board, valued at the average closing price of the Company's Common Stock during the quarter immediately preceding payment.
- [F2]Represents dividends accrued on DSUs in 2019 that were credited as additional DSUs at the end of the year pursuant to the terms of the Plan. The dividends were converted to DSUs based on the average of the high and low trading price of the Company's Common Stock on the applicable quarterly dividend payment date.
Documents
Issuer
General Motors Co
CIK 0001467858
Entity typeother
IncorporatedKY
Related Parties
1- filerCIK 0001097587
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:56 PM ET
- Size
- 8.4 KB