Yongkyu Son - Aug 15, 2023 Form 4 Insider Report for SES AI Corp (SES)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Stock symbol
SES
Transactions as of
Aug 15, 2023
Transactions value $
-$487,543
Form type
4
Date filed
8/17/2023, 04:15 PM
Previous filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SES Class A Common Stock Options Exercise $6.97K +99.6K +17.05% $0.07* 683K Aug 15, 2023 Direct F1
transaction SES Class A Common Stock Sale -$211K -99.6K -14.57% $2.12 584K Aug 15, 2023 Direct F1, F2
transaction SES Class A Common Stock Options Exercise $9.64K +138K +23.59% $0.07* 722K Aug 16, 2023 Direct F1
transaction SES Class A Common Stock Sale -$293K -138K -19.09% $2.13 584K Aug 16, 2023 Direct F1, F3

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 (Right to Buy) Options Exercise $0 -99.6K -41.96% $0.00 138K Aug 15, 2023 Class A Common Stock 99.6K $0.07 Direct F4
transaction SES Stock Option (Right to Buy) Options Exercise $0 -138K -100% $0.00* 0 Aug 16, 2023 Class A Common Stock 138K $0.07 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.11 to $2.135, 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 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.09 to $2.225, 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.
F4 Reflects fully vested options granted on August 15, 2016, subject to the Reporting Person's continued service on the vesting date.