Joanne Ban - 13 Jun 2022 Form 4 Insider Report for SES AI Corp (SES)

Reporting relationship: CHIEF LEGAL & CORP. OFFICER
Issuer ticker: SES
Reported as of: 13 Jun 2022
Net transaction value: -$102,038
SEC form: 4
Accepted by SEC: 15 Jun 2022, 16:18:37 UTC
Prior SEC filing: 20 Apr 2022
Source filing: View source filing
Reporting owner signature: /s/ Jing Nealis, Attorney-in-Fact

Key filing fact

Joanne Ban filed Form 4 for SES AI Corp (SES) on 15 Jun 2022.

Key facts

This page summarizes Joanne Ban's Form 4 filing for SES AI Corp (SES).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 15 Jun 2022, 16:18.

Change

Previous filing in this sequence was filed on 20 Apr 2022.
Current net transaction value: -$102,038.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SES transaction

Class A Common Stock

Options Exercise

Transaction value: $655
Shares: +4,678
Change %: +2.1%
Price: $0.1400^*
Shares after: 228,141
Date: 13 Jun 2022
Ownership: Direct

SES transaction

Class A Common Stock

Options Exercise

Transaction value: $5,600
Shares: +37,331
Change %: +16%
Price: $0.1500^*
Shares after: 265,472
Date: 13 Jun 2022
Ownership: Direct

SES transaction

Class A Common Stock

Sale

Transaction value: $108,293
Shares: -26,859
Change %: -10%
Price: $4.03
Shares after: 238,613
Date: 13 Jun 2022
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SES transaction Derivative

Stock Option

Options Exercise

Transaction value: $0
Shares: -4,678
Change %: -9.1%
Price: $0.000000
Shares after: 46,699
Date: 13 Jun 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,678
Exercise price: $0.1400
Footnotes: F3

SES transaction Derivative

Stock Option

Options Exercise

Transaction value: $0
Shares: -37,331
Change %: -5%
Price: $0.000000
Shares after: 704,266
Date: 13 Jun 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 37,331
Exercise price: $0.1500
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.01 to $4.06, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4

Footnote F2

Includes 223,463 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on April 18, 2022 (the "Grant Date") pursuant to the Issuer's 2021 Incentive Award Plan. The RSUs will vest, and an equal number of shares of Class A Common Stock will be deliverable to the reporting person, in three equal installments on the first, second and third anniversaries of the Grant Date, subject to continued employment through each applicable vesting date

Footnote F3

Reflects fully vested options granted on April 1, 2020, subject to the Reporting Person's continued service on the vesting date.

Footnote F4

Reflects options granted on March 14, 2019 that vested 25% on the first anniversary of the grant date and continue to vest in equal monthly installments over the following 36 months, subject to the Reporting Person's continued service on the vesting date.