Jing Nealis - Aug 19, 2022 Form 4 Insider Report for SES AI Corp (SES)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Stock symbol
SES
Transactions as of
Aug 19, 2022
Transactions value $
-$283,347
Form type
4
Date filed
8/23/2022, 04:15 PM
Previous filing
Aug 19, 2022
Next filing
Aug 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SES Class A Common Stock Sale -$142K -30K -1.84% $4.72 1.6M Aug 19, 2022 Direct F1, F2, F3, F4
transaction SES Class A Common Stock Sale -$142K -30K -1.88% $4.72 1.57M Aug 22, 2022 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold solely to cover taxes upon vesting of a restricted share award, pursuant to a 10b5-1 plan.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.62 to $4.82, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 Includes shares of Class A Common Stock under a restricted share award granted on August 16, 2021. The restricted share award vested 25% on the first anniversary of the grant date and will vest in equal monthly installments over the following 36 months, subject to the reporting person's continued service on each vesting date.
F4 Includes shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.59 to $4.825, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.