Statement of Changes in Beneficial Ownership (4)
November 12 2020 - 05:35PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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APPROVAL
OMB Number: 3235-0287
Estimated average burden
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Reuss
Mark L |
2. Issuer Name and Ticker or Trading
Symbol General Motors Co [ GM ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
President |
(Last)
(First)
(Middle)
300 RENAISSANCE CENTER, M/C: 482-C24-A68 |
3. Date of Earliest Transaction (MM/DD/YYYY)
11/9/2020
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(Street)
DETROIT, MI 48265-3000
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
11/9/2020 |
|
M |
|
165943 (1) |
A |
$31.32 |
454695 |
D |
|
Common Stock |
11/9/2020 |
|
S |
|
165943 (1) |
D |
$39.08 (2) |
288752 |
D |
|
Common Stock |
11/9/2020 |
|
S |
|
85283 (1) |
D |
$39.11 (2) |
203469 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Option (Right to
Buy) |
$31.32 |
11/9/2020 |
|
M |
|
|
165943 |
2/15/2020 (3) |
7/28/2025 |
Common Stock |
165943.0 |
$0 |
0 |
D |
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Explanation of
Responses: |
(1) |
The transactions reported in
this Form 4 were effected pursuant to a Rule 10b5-1 trading
plan. |
(2) |
The price in Column 4 is the
weighted average sales price of the shares. The shares were sold in
multiple transactions at prices from $39.00 to $39.37, 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. |
(3) |
These stock options were
granted on July 28, 2015, under the Company's 2014 Long-Term
Incentive Plan. Forty percent of the options became exercisable on
February 15, 2017; the remaining 60% became exercisable in three
equal installments on February 15, 2018, February 15, 2019, and
February 15, 2020. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Reuss Mark L
300 RENAISSANCE CENTER
M/C: 482-C24-A68
DETROIT, MI 48265-3000 |
|
|
President |
|
Signatures
|
/s/ Tia Y. Turk, Attorney-In-Fact for Mr.
Reuss |
|
11/12/2020 |
**Signature of
Reporting Person |
Date |