Rohit Makharia - 23 Aug 2023 Form 4 Insider Report for SES AI Corp (SES)

Role
PRES. & CHIEF STRATEGY OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Issuer symbol
SES
Transactions as of
23 Aug 2023
Net transactions value
-$410,813
Form type
4
Filing time
25 Aug 2023, 17:15:08 UTC
Previous filing
18 Apr 2023
Next filing
12 Dec 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 $33,410 +208,810 +200% $0.1600 313,413 23 Aug 2023 Direct F1
transaction SES Class A Common Stock Sale $444,222 -208,810 -67% $2.13 104,603 23 Aug 2023 Direct F1, 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 (Right to Buy) Options Exercise $0 -208,810 -3.1% $0.000000 6,467,676 23 Aug 2023 Class A Common Stock 208,810 $0.1600 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 104,603 shares of Class A Common Stock underlying RSUs, 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 $2.07 to $2.175, 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.