SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Young Ray G (Last) (First) (Middle) 300 RENAISSANCE CENTER (Street) DETROIT MI 48265-3000 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol GENERAL MOTORS CORP [ GM ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Group Vice President
	3. Date of Earliest Transaction (Month/Day/Year) 02/25/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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
General Motors Common Stock, $1-2/3 Par Value	02/25/2008		M		3,167	A	(1)	14,746	D
General Motors Common Stock, $1-2/3 Par Value	02/25/2008		D		3,167	D	$23.73	11,579	D
General Motors Common Stock, $1-2/3 Par Value								998	I	Trust(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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
GM Stock $1-2/3 Par Value Restricted Stock Units	$0	02/25/2008		M			3,167	02/23/2007(1)	(1)	General Motors Common Stock, $1-2/3 Par Value	3,167	(1)	3,166	D
GM Phantom Stock Units $1-2/3 Par Value Common Stock(3)	$0							(3)	(3)	General Motors Common Stock, $1-2/3 Par Value	1,721		1,721	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$71.53							01/11/2000(4)	01/12/2009	General Motors Common Stock, $1-2/3 Par Value	5,649		5,649	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$75.5							01/10/2001(4)	01/22/2010	General Motors Common Stock, $1-2/3 Par Value	6,000		6,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$52.35							01/08/2002(4)	01/09/2011	General Motors Common Stock, $1-2/3 Par Value	7,500		7,500	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$50.46							01/07/2003(4)	01/08/2012	General Motors Common Stock, $1-2/3 Par Value	14,000		14,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$50.82							02/04/2003(4)	02/05/2012	General Motors Common Stock, $1-2/3 Par Value	7,000		7,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$40.05							01/21/2004(4)	01/22/2013	General Motors Common Stock, $1-2/3 Par Value	16,000		16,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$53.92							01/23/2005(4)	01/24/2014	General Motors Common Stock, $1-2/3 Par Value	12,800		12,800	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$36.37							01/24/2006(4)	01/25/2015	General Motors Common Stock, $1-2/3 Par Value	12,800		12,800	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$20.9							02/23/2007(4)	02/24/2016	General Motors Common Stock, $1-2/3 Par Value	10,000		10,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(4)	$29.11							03/20/2008(4)	03/21/2017	General Motors Common Stock, $1-2/3 Par Value	15,000		15,000	D
GM Stock $1-2/3 Par Value Restricted Stock Units(1)	$0							03/20/2008(1)	(1)	General Motors Common Stock, $1-2/3 Par Value	10,954		10,954	D

Explanation of Responses:

1. Restricted Stock Units ("RSU") granted pursuant to Rule 16b-3 qualified General Motors Cash Based Restricted Stock Unit Plan. Each Restricted Stock Unit is the economic equivalent of one share of General Motors common stock. The RSUs are denominated in stock units but are paid in cash in three annual installments commencing, respectively, one, two and three years from the date of initial grant. Date shown in Table II is the date the first installment is/was payable. The price of zero in Table II is notional and only used for purposes of facilitating the electronic filing of this Form.

2. Shares held in trust under General Motors Savings Stock Purchase Program as of 12/31/07. State Street Bank & Trust Co., Trustee. Shares owned pursuant to Rule 16b-3 exempt employee savings plan.

3. The Phantom Stock Units are held under Section 16b-3(c) exempt Rule 16b-3(b)(2) eligible excess benefit plan operated in conjunction with a qualified 401(k) plan. Each Unit is the economic equivalent of one share of General Motors common stock. The Units are payable in cash upon separation from General Motors. These Units are being reported even though they are exempt under Rule 16b-3. Units held as of 12/31/07. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form.

4. Employee stock option granted pursuant to Rule 16b-3 qualified General Motors Stock Incentive Plan. Stock options vest and become exercisable in three equal annual installments, commencing, respectively, one, two and three years from the date of initial grant. Date shown in column 6 is the date the first installment becomes/became exercisable.

	/s/ Martin I. Darvick, attorney-in-fact for Mr. Young	02/27/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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