Rory Harvey - Aug 23, 2024 Form 4 Insider Report for General Motors Co (GM)

Signature
/s/ Tia Y. Turk, Attorney-in-Fact for Mr. Harvey
Stock symbol
GM
Transactions as of
Aug 23, 2024
Transactions value $
-$347,375
Form type
4
Date filed
8/27/2024, 05:14 PM
Previous filing
Mar 22, 2024
Next filing
Oct 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GM Common Stock Sale -$109K -2.3K -18.19% $47.31 10.4K Aug 23, 2024 Direct
transaction GM Common Stock Options Exercise $389K +11K +105.76% $35.49 21.3K Aug 26, 2024 Direct
transaction GM Common Stock Sale -$537K -11K -51.4% $49.04 10.4K Aug 26, 2024 Direct F1
transaction GM Common Stock Sale -$90.1K -1.84K -17.8% $48.87 8.51K Aug 26, 2024 Direct

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 Employee Stock Option (Right to Buy) Options Exercise $0 -11K -100% $0.00 0 Aug 26, 2024 Common Stock 11K $35.49 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $49.00 to $49.16, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
F2 These Stock Options were granted on February 12, 2020 and are fully vested.