0001127602-12-000789.txt : 20120104
0001127602-12-000789.hdr.sgml : 20120104
20120104173931
ACCESSION NUMBER: 0001127602-12-000789
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120104
DATE AS OF CHANGE: 20120104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cyprus Nick
CENTRAL INDEX KEY: 0001291923
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34960
FILM NUMBER: 12507709
MAIL ADDRESS:
STREET 1: 1601 DRY CREEK DRIVE
STREET 2: SUITE 260
CITY: LONGMONT
STATE: CO
ZIP: 80503
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: General Motors Co
CENTRAL INDEX KEY: 0001467858
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
IRS NUMBER: 270756180
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 RENAISSANCE CENTER
CITY: DETROIT
STATE: MI
ZIP: 48265-3000
BUSINESS PHONE: 313.556.5000
MAIL ADDRESS:
STREET 1: 300 RENAISSANCE CENTER
CITY: DETROIT
STATE: MI
ZIP: 48265-3000
4
1
form4.xml
PRIMARY DOCUMENT
X0304
4
2011-12-31
0001467858
General Motors Co
GM
0001291923
Cyprus Nick
300 RENAISSANCE CENTER
M/C: 482-C25-A36
DETROIT
MI
48265-3000
1
Vice President
Common Stock
2011-12-31
4
M
0
3864
0
A
44184
D
Common Stock
2011-12-31
4
F
0
1398
20.21
D
42786
D
Common Stock
2011-12-31
4
M
0
2358
0
A
45144
D
Common Stock
2011-12-31
4
F
0
914
20.21
D
44230
D
Common Stock
2011-12-31
4
M
0
13855
0
A
58085
D
Salary Stock Units
0
2011-12-31
4
D
0
3864
0
D
Common Stock
3864
3864
D
Salary Stock Units
2011-12-31
4
D
0
2358
0
D
Common Stock
2358
4714
D
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of Salary Stock Units ("SSUs") issued on December 31, 2009 pursuant to the Company's Salary Stock Plan (the "GMSSP") and vested upon grant. The portion of this award currently payable was settled on December 31, 2011 in shares of the Company's Common Stock, less a portion withheld for taxes.
On December 31, 2009 the employee received a grant of 3,864 SSUs, of which 1,288 SSUs were scheduled to be payable on December 31, 2011. On November 1, 2010 the Company amended its certificate of incorporation to effect a stock split in which each issued and outstanding share of Common Stock was converted into three shares of Common Stock (the "Stock Split"). Pursuant to the terms of the GMSSP, each issued and outstanding SSUs was automatically converted upon the effectiveness of the Stock Split into three SSUs, so that the employee was credited with a total of 11,592 SSUs granted on December 31, 2009, of which 3,864 SSUs became payable on December 31, 2011.
The SSUs do not have an expiration or exercise date or carry a conversion or exercise price. Each SSU is the economic equivalent of one share of Common Stock. Under the GMSSP, the Fair Market Value of the Common Stock is the average of the high and low trading prices for the Common Stock as reported on the New York Stock Exchange, on which the Common Stock is listed, on the date of the transaction, which was $20.21.
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs issued on December 31, 2010 pursuant to the GMSSP and vested upon grant. The portion of this award currently payable was settled on December 31, 2011 in shares of Common Stock, less a portion withheld for taxes.
The SSUs reported in this item were granted on December 31, 2011 pursuant to the GMSSP and were fully vested upon grant. The SSUs will be delivered in the form of shares of Common Stock in three equal, annual installments beginning on December 31, 2012.
/s/ Anne T. Larin, attorney-in-fact for Mr. Cyprus
2012-01-04