Rohit Makharia - 14 Dec 2023 Form 4 Insider Report for SES AI Corp (SES)

Reporting relationship: PRES. & CHIEF STRATEGY OFFICER
Issuer ticker: SES
Reported as of: 14 Dec 2023
Net transaction value: -$445,306
SEC form: 4
Accepted by SEC: 15 Dec 2023, 17:30:14 UTC
Prior SEC filing: 12 Dec 2023
Source filing: View source filing
Reporting owner signature: /s/ Kyle Pilkington, Attorney-in-Fact

Key filing fact

Rohit Makharia filed Form 4 for SES AI Corp (SES) on 15 Dec 2023.

Key facts

This page summarizes Rohit Makharia's Form 4 filing for SES AI Corp (SES).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 Dec 2023, 17:30.

Change

Previous filing in this sequence was filed on 12 Dec 2023.
Current net transaction value: -$445,306.

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: $33,920
Shares: +212,000
Change %: +203%
Price: $0.1600
Shares after: 316,603
Date: 14 Dec 2023
Ownership: Direct

SES transaction

Class A Common Stock

Sale

Transaction value: $479,226
Shares: -212,000
Change %: -67%
Price: $2.26
Shares after: 104,603
Date: 14 Dec 2023
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 (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -212,000
Change %: -3.3%
Price: $0.000000
Shares after: 6,180,676
Date: 14 Dec 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 212,000
Exercise price: $0.1600
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.15 to $2.425, 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

Represents 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 17, 2023 (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 options granted on March 1, 2021 that vested 25% on the first anniversary of the grant date and will continue to vest in equal monthly installments over the following 36 months, subject to the Reporting Person's continued service on the vesting date.