Rohit Makharia - Dec 14, 2023 Form 4 Insider Report for SES AI Corp (SES)

Role: PRES. & CHIEF STRATEGY OFFICER
Signature: /s/ Kyle Pilkington, Attorney-in-Fact
Stock symbol: SES
Transactions as of: Dec 14, 2023
Transactions value $: -$445,306
Form type: 4
Date filed: 12/15/2023, 05:30 PM
Previous filing: Dec 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SES	Class A Common Stock	Options Exercise	$33.9K	+212K	+202.67%	$0.16	317K	Dec 14, 2023	Direct
transaction	SES	Class A Common Stock	Sale	-$479K	-212K	-66.96%	$2.26	105K	Dec 14, 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	-212K	-3.32%	$0.00	6.18M	Dec 14, 2023	Class A Common Stock	212K	$0.16	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 $2.15 to $2.425, 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	Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on April 17, 2023 (the "Grant Date") pursuant to the Issuer's 2021 Incentive Award Plan. The RSUs will vest, and an equal number of shares of Class A Common Stock will be deliverable to the reporting person, in three equal installments on the first, second and third anniversaries of the Grant Date, subject to continued employment through each applicable vesting date.
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 the vesting date.