0001127602-12-027813.txt : 20121002
0001127602-12-027813.hdr.sgml : 20121002
20121002155153
ACCESSION NUMBER: 0001127602-12-027813
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120930
FILED AS OF DATE: 20121002
DATE AS OF CHANGE: 20121002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bingol Selim
CENTRAL INDEX KEY: 0001492155
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34960
FILM NUMBER: 121123332
MAIL ADDRESS:
STREET 1: 300 RENAISSANCE CENTER
STREET 2: M/C: 482-C25-A36
CITY: DETROIT
STATE: MI
ZIP: 48265-3000
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
X0306
4
2012-09-30
0001467858
General Motors Co
GM
0001492155
Bingol Selim
300 RENAISSANCE CENTER
M/C: 482-C25-A36
DETROIT
MI
48265-3000
1
Vice President
Common Stock
2012-09-30
4
M
0
1129
0
A
12740
D
Common Stock
2012-09-30
4
D
0
768
22.91
D
11972
D
Common Stock
2012-09-30
4
F
0
361
22.91
D
11611
D
Common Stock
2012-09-30
4
M
0
927
0
A
12538
D
Common Stock
2012-09-30
4
D
0
630
22.91
D
11908
D
Common Stock
2012-09-30
4
F
0
297
22.91
D
11611
D
Salary Stock Units
0
2012-09-30
4
M
0
1129
D
Common Stock
1129
2258
D
Salary Stock Units
0
2012-09-30
4
M
0
927
D
Common Stock
927
927
D
Salary Stock Units
0
2012-09-30
4
A
0
3929
0
A
Common Stock
3929
3929
D
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of Salary Stock Units ("SSUs) awarded on September 30, 2011 pursuant to the Company's Salary Stock Plan (the "GMSSP") and vested upon grant. The portion of this award currently payable was settled on September 30, 2012 in cash, less a portion withheld for taxes.
Each SSU is the economic equivalent of one share of the Company's common stock. Grants of SSU are fully vested when made and will be settled in three equal, annual installments beginning one year after the date of grant, by the delivery of cash in an amount equal to the fair market value of the Company's common stock as of the applicable anniversary date of the SSU's grant. Under the GMSSP, the fair value of the Company's common stock is the average of the high and low trading prices for the Company's common stock as reported on the New York Stock Exchange, on which it is listed, on the date of the transaction, which was $22.91.
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on September 30, 2010.
On September 30, 2010 the employee received a grant of 927 SSUs, of which 309 SSUs were scheduled to be payable on September 30, 2012. 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. Pursuant to the terms of the GMSSP, each issued and outstanding SSUs was automatically converted into three SSUs, so that the employee was credited with a total of 2,781 SSUs granted on September 30, 2010 of which 927 SSUs became payable on September 30, 2012.
The SSUs do not have an expiration or exercise date or carry a conversion or exercise price.
The SSUs reported in this item were granted on September 30, 2012 and will be settled in three equal, annual installments beginning September 30, 2013.
/s/ Anne T. Larin, attorney-in-fact for Mr. Bingol
2012-10-02