0001127602-11-026548.txt : 20111004
0001127602-11-026548.hdr.sgml : 20111004
20111004121726
ACCESSION NUMBER: 0001127602-11-026548
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111004
DATE AS OF CHANGE: 20111004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ardila Jaime
CENTRAL INDEX KEY: 0001495757
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34960
FILM NUMBER: 111122458
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
X0304
4
2011-09-30
0001467858
General Motors Co
GM
0001495757
Ardila Jaime
300 RENAISSANCE CENTER
M/C: 482-C25-A36
DETROIT
MI
48265-3000
1
Vice President
Common Stock
2011-09-30
4
M
0
1548
0
A
11218
D
Common Stock
2011-09-30
4
F
0
449
20.30
D
10769
D
Common Stock
2011-09-30
4
M
0
4233
0
A
15002
D
Common Stock
2011-09-30
4
F
0
1228
20.30
D
13774
D
Common Stock
2011-09-30
4
M
0
9853
0
A
23627
D
Salary Stock Units
0
2011-09-30
4
M
0
1548
D
Common Stock
1548
1548
D
Salary Stock Units
0
2011-09-30
4
M
0
4233
D
Common Stock
4233
8460
D
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of Salary Stock Units ("SSUs) deemed to have been issued, nunc pro tunc, on September 30, 2009 pursuant to the Company's Salary Stock Plan (the "GMSSP") and vested upon grant. The portion of this award currently payable was settled onSeptember 30, 2011 in shares of Common Stock, less a portion withheld for taxes.
On September 30, 2009 the employee received a grant of 1,548 SSUs, of which 516 SSUs were scheduled to be payable on September 30, 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 4,644 SSUs granted on September 30, 2009, of which 1,548 SSUs became payable on September 30, 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 the Company's common stock. Under the GMSSP, the Fair Market Value of the Company's common stock is defined as 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 $20.30.
The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs issued on September 30, 2010 pursuant to the GMSSP and vested upon grant. The portion of this award currently payable was settled on September 30, 2011 in shares of Common Stock, less a portion withheld for taxes.
On September 30, 2010 the employee received a grant of 4,231 SSUs, of which 1,411 SSUs were scheduled to be payable on September 30, 2011. 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 12,693 SSUs granted on September 30, 2010, of which 4,233 SSUs became payable on September 30, 2011.
The SSUs reported in this item were granted on September 30, 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 September 30, 2012.
/s/ Anne T. Larin, attorney-in-fact for Mr. Ardila
2011-10-04