Craig B. Glidden - Nov 18, 2024 Form 4 Insider Report for General Motors Co (GM)

Role
Executive Vice President & GC
Signature
/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Glidden
Stock symbol
GM
Transactions as of
Nov 18, 2024
Transactions value $
-$8,985,278
Form type
4
Date filed
11/20/2024, 05:20 PM
Previous filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GM Common Stock Options Exercise $2.95M +71.1K +40.88% $41.40 245K Nov 18, 2024 Direct
transaction GM Common Stock Sale -$4.03M -71.1K -29.02% $56.70 174K Nov 18, 2024 Direct F1
transaction GM Common Stock Options Exercise $3.13M +80.2K +46.08% $39.00 254K Nov 18, 2024 Direct
transaction GM Common Stock Sale -$4.54M -80.2K -31.55% $56.66 174K Nov 18, 2024 Direct F2
transaction GM Common Stock Options Exercise $4.94M +139K +79.98% $35.49 313K Nov 18, 2024 Direct
transaction GM Common Stock Sale -$7.85M -139K -44.44% $56.40 174K Nov 18, 2024 Direct F3
transaction GM Common Stock Options Exercise $1.7M +41K +23.57% $41.40 215K Nov 18, 2024 Direct
transaction GM Common Stock Sale -$2.34M -41K -19.07% $56.99 174K Nov 18, 2024 Direct F4
transaction GM Common Stock Sale -$2.93M -51.6K -29.64% $56.81 122K Nov 18, 2024 Direct F5

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 -71.1K -100% $0.00 0 Nov 18, 2024 Common Stock 71.1K $41.40 Direct F6
transaction GM Employee Stock Option (Right to Buy) Options Exercise $0 -80.2K -100% $0.00 0 Nov 18, 2024 Common Stock 80.2K $39.00 Direct F7
transaction GM Employee Stock Option (Right to Buy) Options Exercise $0 -139K -100% $0.00 0 Nov 18, 2024 Common Stock 139K $35.49 Direct F8
transaction GM Employee Stock Option (Right to Buy) Options Exercise $0 -41K -33.33% $0.00 82K Nov 18, 2024 Common Stock 41K $41.40 Direct F9
* 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 $56.30 to $57.50, 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 The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.93 to $57.50, 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.
F3 The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.85 to $57.50, 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.
F4 The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.83 to $57.50, 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.
F5 The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.63 to $57.50, 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.
F6 These stock options were granted on February 13, 2018, and are fully vested.
F7 These Stock Options were granted on February 13, 2019 and are fully vested.
F8 These Stock Options were granted on February 12, 2020 and are fully vested.
F9 These stock options were granted on February 7, 2023, and one-third has vested . The remaining two installments will vest on February 7, 2025 and February 7, 2026.