Jing Nealis - 16 Feb 2024 Form 4 Insider Report for SES AI Corp (SES)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Issuer symbol
SES
Transactions as of
16 Feb 2024
Net transactions value
-$18,233
Form type
4
Filing time
20 Feb 2024, 17:35:21 UTC
Previous filing
12 Feb 2024
Next filing
19 Mar 2024
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 Tax liability $18,233 -12,662 -0.6% $1.44 2,095,391 16 Feb 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover the Reporting Person's withholding tax obligations in connection with the vesting of a restricted share award. These shares were not sold by the Reporting Person.
F2 Includes 968,774 shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.
F3 Includes 556,198 unvested shares of Class A Common Stock under a restricted share award granted on August 16, 2021. The restricted share award vested 25% on the first anniversary of the grant date and will vest in equal monthly installments over the following 36 months, subject to the reporting person's continued service on each vesting date.