0001127602-12-012720.txt : 20120403
0001127602-12-012720.hdr.sgml : 20120403
20120403125436
ACCESSION NUMBER: 0001127602-12-012720
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120403
DATE AS OF CHANGE: 20120403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lee Timothy E
CENTRAL INDEX KEY: 0001492533
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34960
FILM NUMBER: 12736409
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
X0305
4
2012-03-31
0001467858
General Motors Co
GM
0001492533
Lee Timothy E
300 RENAISSANCE CENTER
M/C: 482-C25-A36
DETROIT
MI
48265-3000
1
Vice President
Common Stock
2012-03-31
4
M
0
4223
0
A
4723
D
Common Stock
2012-03-31
4
D
0
2829
25.45
D
1894
D
Common Stock
2012-03-31
4
F
0
1394
25.45
D
500
D
Common Stock
2012-03-31
4
M
0
5616
0
A
6116
D
Common Stock
2012-03-31
4
D
0
3762
25.45
D
2354
D
Common Stock
2012-03-31
4
F
0
1854
25.45
D
500
D
Common Stock
2012-03-31
4
M
0
2646
0
A
3146
D
Common Stock
2012-03-31
4
D
0
1772
25.45
D
1374
D
Common Stock
2012-03-31
4
F
0
874
25.45
D
500
D
Salary Stock Units
0
2012-03-31
4
M
0
4223
D
Common Stock
4223
8445
D
Salary Stock Units
0
2012-03-31
4
M
0
5616
D
Common Stock
5616
5613
D
Salary Stock Units
0
2012-03-31
4
M
0
2646
D
Common Stock
2646
0
D
Salary Stock Units
0
2012-03-31
4
A
0
15570
0
A
Common Stock
15570
15570
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 March 31, 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 March 31, 2011 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 SSUs are fully vested when made and will be settled in three equal annual installments beginning one year after the date of the 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 $25.45.
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on March 31, 2010.
On March 31, 2010, the employee received a grant of 5,616 SSUs of which 1,872 SSUs were scheduled to be payable on March 31, 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 SSU was automatically converted into three SSUs, so that the employee was credited with a total of 16,845 SSUs granted on March 31, 2010 of which 5,616 SSUs became payable on March 31, 2012.
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on March 31, 2009.
On March 31, 2009, the employee received a grant of 2,646 SSUs of which 882 SSUs were scheduled to be payable on March 31, 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 SSU was automatically converted into three SSUs, so that the employee was credited with a total of 7,938 SSUs granted on March 31, 2010 of which 2,646 SSUs became payable on December 31, 2010.
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 March 31, 2012.
/s/ Anne T. Larin, attorney-in-fact for Mr. Lee
2012-04-03