Hong Gan - Sep 11, 2023 Form 4 Insider Report for SES AI Corp (SES)

Role
CHIEF SCIENCE OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Stock symbol
SES
Transactions as of
Sep 11, 2023
Transactions value $
-$101,860
Form type
4
Date filed
9/13/2023, 04:15 PM
Previous filing
Aug 18, 2023
Next filing
Dec 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SES Class A Common Stock Options Exercise $7.5K +50K +11.08% $0.15* 501K Sep 11, 2023 Direct F1
transaction SES Class A Common Stock Sale -$109K -50K -9.97% $2.19 451K Sep 11, 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 -50K -10.14% $0.00 443K Sep 11, 2023 Class A Common Stock 50K $0.15 Direct F3
* 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 $2.08 to $2.255, 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 fully vested options granted on March 14, 2019.