Jing Nealis - 16 Jun 2024 Form 4 Insider Report for SES AI Corp (SES)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Kyle Pilkington, Attorney-in-Fact
Issuer symbol
SES
Transactions as of
16 Jun 2024
Transactions value $
-$13,229
Form type
4
Filing time
18 Jun 2024, 17:30:07 UTC
Previous filing
20 May 2024
Next filing
18 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SES Class A Common Stock Tax liability -$13.2K -11K -0.55% $1.20 2M 16 Jun 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover the Reporting Person's withholding tax obligations in connection with the vesting of a restricted share award. These shares were not sold by the Reporting Person.
F2 Includes 432,599 unvested shares of Class A Common Stock under a restricted share award granted on August 16, 2021. The restricted share award vested 25% on the first anniversary of the grant date and will vest in equal monthly installments over the following 36 months, subject to the reporting person's continued service on each vesting date.
F3 Includes 824,552 shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.