Kyle Pilkington - Aug 12, 2024 Form 4 Insider Report for SES AI Corp (SES)

Signature
/s/ Kyle Pilkington
Stock symbol
SES
Transactions as of
Aug 12, 2024
Transactions value $
-$3,470
Form type
4
Date filed
8/13/2024, 05:30 PM
Previous 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 Sale -$3.47K -4.28K -0.78% $0.81 541K Aug 12, 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 This transaction was effected pursuant to an automatic sell-to-cover arrangement between the Reporting Person and SES AI Corporation on August 8, 2022 to cover applicable withholding taxes on the vesting of restricted stock units. The automatic sell-to-cover instructions were intended to comply with the requirements of Rule 10b5-1(c). The sale was not a discretionary trade by the Reporting Person.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.81 to $0.85, 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 Includes 472,883 shares of Class A Common Stock underlying RSUs, which are subject to forfeiture until they vest.