General Motors Holdings LLC - 03 Feb 2022 Form 3/A - Amendment Insider Report for SES AI Corp (SES)

Role
10%+ Owner
Signature
GENERAL MOTORS HOLDINGS LLC, /s/ John S. Kim, Name: John S. Kim, Title: Assistant Secretary
Issuer symbol
SES
Transactions as of
03 Feb 2022
Net transactions value
$0
Form type
3/A - Amendment
Filing time
14 Feb 2022, 17:30:14 UTC
Date Of Original Report
14 Feb 2022
Previous filing
20 Dec 2022
Next filing
20 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SES Class A common stock, par value $0.0001 9,880,715 03 Feb 2022 Direct F1, F2
holding SES Class A common stock, par value $0.0001 23,175,622 03 Feb 2022 Held by General Motors Ventures LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 General Motors Ventures LLC ("GM Ventures") is the record holder of 21,090,498 shares of Class A Common Stock and 2,085,124 shares of Class A Common Stock that may be issued for the benefit of the former holders of SES Holdings Pte. Ltd. common stock (the "Earn-Out Shares"). General Motors Holdings LLC ("GM Holdings") is the record holder of 9,043,889 shares of Class A Common Stock and 836,826 Earn-Out Shares. GM Ventures is a direct, wholly owned subsidiary of GM Holdings, and GM Holdings is a direct, wholly owned subsidiary of General Motors Company ("GM"). GM may be deemed to share beneficial ownership over the shares of Class A Common Stock directly owned by GM Ventures and GM Holdings, and GM Holdings may be deemed to share beneficial ownership over the shares of Class A Common Stock directly owned by GM Ventures. Each of GM and GM Holdings disclaims beneficial ownership of any shares other than to the extent they may have a pecuniary interest therein.
F2 (Continued form footnote 1) The address of the principal business office of each of GM, GM Holdings, and GM Ventures is 300 Renaissance Center, Detroit, MI, 48265.

Remarks:

This amendment is being filed in order to correct an administrative error by the financial printer relating to the identity of one of the the Reporting Persons. The previously filed report inadvertently indicated that General Motors Financial Company, Inc. was a beneficial owner of the reported securities, but it is not a beneficial owner of any the reported securities.