-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O2wZxLRl3f1GuBb89qBlOAg7CDQIhZwivscQ4Yd5obZHDzBnCvq2vmMzTpE/4wWb dEm2FDpbO7eqgWlPZdLzZQ== 0001127602-11-000473.txt : 20110104 0001127602-11-000473.hdr.sgml : 20110104 20110104133622 ACCESSION NUMBER: 0001127602-11-000473 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110104 DATE AS OF CHANGE: 20110104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Reuss Mark L CENTRAL INDEX KEY: 0001492362 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34960 FILM NUMBER: 11504602 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 X0303 4 2010-12-31 0001467858 General Motors Co GM 0001492362 Reuss Mark L 300 RENAISSANCE CENTER M/C: 482-C25-A36 DETROIT MI 48265-3000 1 Vice President Common Stock 2010-12-31 4 M 0 2967 0 A 3167 D Common Stock 2010-12-31 4 D 0 1894 36.77 D 1273 D Common Stock 2010-12-31 4 F 0 1073 36.77 D 200 D Common Stock 0 D Salary Stock Units 2010-12-31 4 M 0 2967 D Common Stock 2967 5934 D Salary Stock Units 2010-12-31 4 A 0 7277 0 A Common Stock 7277 7277 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 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, 2010 in cash, less a portion withheld for taxes. On December 31, 2009 the employee received a grant of 2,967 SSUs, of which 989 SSUs were scheduled to be payable on December 31, 2010. 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 8,901 SSUs granted on December 31, 2009, of which 2,967 SSUs became payable on December 31, 2010. 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 the Company's common stock. 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 the Company's common stock is listed, on the date of the transaction, which was $36.77. The SSUs reported in this item were awarded on December 31, 2010 pursuant to the Company's Salary Stock Plan (the "GMSSP"), and will be settled in three equal, annual installments beginning on December 31, 2011. Each SSU is fully vested and represents a right to receive one share of the Company's common stock on the applicable settlement date; provided, however, that if a settlement date occurs prior to the date that is six months following a consummation of an initial public offering of the Company's common stock, which occurred on November 17, 2010, the SSU will be settled by the delivery of cash (with certain exceptions) in an amount equal to the Fair Market Value (as defined in the GMSSP) of the Company's common stock as of the applicable anniversary date of the SSU's grant. The SSUs do not have an expiration or exercise date. /s/ Anne T. Larin, attorney-in-fact for Mr. Reuss 2011-01-04 -----END PRIVACY-ENHANCED MESSAGE-----