Paul A. Jacobson - 06 Feb 2025 Form 4 Insider Report for General Motors Co (GM)

Signature
/s/ Tia Y. Turk, attorney-in-fact for Mr. Jacobson
Issuer symbol
GM
Transactions as of
06 Feb 2025
Transactions value $
-$2,077,054
Form type
4
Filing time
10 Feb 2025, 17:31:08 UTC
Previous filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GM Common Stock Options Exercise $0 +20.4K +7.78% $0.00 282K 06 Feb 2025 Direct F1
transaction GM Common Stock Tax liability -$294K -6.14K -2.17% $47.93 276K 06 Feb 2025 Direct
transaction GM Common Stock Award $0 +84.2K +30.48% $0.00 360K 08 Feb 2025 Direct F2
transaction GM Common Stock Tax liability -$1.78M -37.6K -10.44% $47.39 323K 08 Feb 2025 Direct

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 Restricted Stock Units Options Exercise $0 -20.4K -33.33% $0.00 40.8K 06 Feb 2025 Common Stock 20.4K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") converts into common stock on a one-for-one basis.
F2 On February 8, 2022, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 8, 2025, and were awarded in shares of common stock.
F3 The RSUs do not have a conversion or exercise price.
F4 The RSUs were awarded on February 6, 2024. One-third of the RSUs vested on February 6, 2025, and the remaining two-thirds will vest on February 6, 2026 and February 6, 2027. Each RSU represents a right to receive one share of the Company's common stock upon settlement.
F5 The RSUs do not have a date on which they become exercisable or expire.