Mark L. Reuss - Nov 6, 2024 Form 4 Insider Report for General Motors Co (GM)

Role
President
Signature
/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Reuss
Stock symbol
GM
Transactions as of
Nov 6, 2024
Transactions value $
-$1,682,614
Form type
4
Date filed
11/8/2024, 04:22 PM
Previous filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GM Common Stock Options Exercise $5.06M +122K +96.36% $41.40 249K Nov 6, 2024 Direct
transaction GM Common Stock Sale -$6.75M -122K -49.07% $55.16 127K Nov 6, 2024 Direct F1

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 -122K -100% $0.00 0 Nov 6, 2024 Common Stock 122K $41.40 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 $55.00 to $55.38, 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 13, 2018, and are fully vested.