Rohit Makharia - 14 Dec 2022 Form 4 Insider Report for SES AI Corp (SES)

Role: PRES. & CHIEF OP. OFFICER
Signature: /s/ Kyle Pilkington, Attorney-in-Fact
Issuer symbol: SES
Transactions as of: 14 Dec 2022
Net transactions value: -$336,601
Form type: 4
Filing time: 16 Dec 2022, 15:15:25 UTC
Previous filing: 21 Nov 2022
Next filing: 18 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SES	Class A Common Stock	Options Exercise	$11,275	+70,469		$0.1600	70,469	14 Dec 2022	Direct
transaction	SES	Class A Common Stock	Sale	$294,448	-70,469	-100%	$4.18	0	15 Dec 2022	Direct	F1
transaction	SES	Class A Common Stock	Options Exercise	$2,064	+12,900		$0.1600	12,900	15 Dec 2022	Direct
transaction	SES	Class A Common Stock	Sale	$55,492	-12,900	-100%	$4.30	0	15 Dec 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SES	Stock Option	Options Exercise	$0	-70,469	-1%	$0.000000	6,689,386	14 Dec 2022	Class A Common Stock	70,469	$0.1600	Direct	F3
transaction	SES	Stock Option	Options Exercise	$0	-12,900	-0.19%	$0.000000	6,676,486	15 Dec 2022	Class A Common Stock	12,900	$0.1600	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.15 to $4.29, 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.
F2	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.30 to $4.33, 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	Reflects options granted on March 1, 2021 that vested 25% on the first anniversary of the grant date and will continue to vest in equal monthly installments over the following 36 months, subject to the Reporting Person's continued service on each vesting date.