| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GM | Common Stock | Award | $0 | +21.9K | +25.06% | $0.00 | 110K | Feb 18, 2024 | Direct | F1 |
| transaction | GM | Common Stock | Tax liability | -$314K | -8.12K | -7.42% | $38.70 | 101K | Feb 18, 2024 | Direct | |
| transaction | GM | Common Stock | Sale | -$529K | -13.8K | -13.64% | $38.24 | 87.6K | Feb 20, 2024 | Direct | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | On February 18, 2021, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 18, 2024, and were awarded in shares of common stock. |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. |