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

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Stock symbol
SES
Transactions as of
Feb 16, 2024
Transactions value $
-$15,876
Form type
4/A
Date filed
4/17/2024, 05:30 PM
Date Of Original Report
Feb 20, 2024
Previous filing
Feb 12, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SES Class A Common Stock Tax liability -$15.9K -11K -0.52% $1.44 2.1M Feb 16, 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 557,835 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.

Remarks:

Amended to correct an administrative error which overstated the number of shares withheld to cover the Reporting Person's withholding tax obligations by 1,637 shares of Class A Common Stock.