Jing Nealis - Apr 15, 2024 Form 4 Insider Report for SES AI Corp (SES)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Stock symbol
SES
Transactions as of
Apr 15, 2024
Transactions value $
-$53,500
Form type
4
Date filed
4/17/2024, 05:35 PM
Previous filing
Mar 19, 2024
Next filing
Apr 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SES Class A Common Stock Tax liability -$37.1K -24.9K -1.19% $1.49 2.06M Apr 15, 2024 Direct F1, F2, F3
transaction SES Class A Common Stock Tax liability -$16.4K -11K -0.53% $1.49 2.05M Apr 16, 2024 Direct F2, F4, F5
* 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 restricted stock units ("RSUs"). These shares were not sold by the Reporting Person.
F2 Includes 899,039 shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.
F3 Includes 525,298 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.
F4 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.
F5 Includes 494,398 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.