R. Linda Gooden - Dec 31, 2021 Form 4 Insider Report for General Motors Co (GM)

Role
Director
Signature
/s/ Tia Y. Turk, Attorney-In-Fact for Ms. Gooden
Stock symbol
GM
Transactions as of
Dec 31, 2021
Transactions value $
$147,523
Form type
4
Date filed
1/4/2022, 04:25 PM
Previous filing
Jun 24, 2021
Next filing
May 17, 2022

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 GM Deferred Share Units Award $148K +2.64K +9.99% $55.88 29.1K Dec 31, 2021 Common Stock 2.64K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amounts credited as DSUs will be paid in cash after the non-employee director leaves the Board, valued at the average closing price of the Company's Common Stock during the quarter immediately preceding payment.
F2 Deferred Share Units ("DSUs") were awarded pursuant to the General Motors Company Deferred Compensation Plan for Non-Employee Directors (the ("Plan"). Under the Plan, each non-employee director is required to defer one-half of the $305,000 annual retainer fee for service on the Board of Directors into DSUs and may elect to defer more.
F3 The price of the DSUs is the average closing price of the Company's Common Stock during the previous calendar year.