X0202 4 2008-06-02 0000040730 GENERAL MOTORS CORP GM 0001181765 STEPHENS THOMAS G 777 JOSLYN ROAD MC 483 720 540 PONTIAC MI 48340-2925 1 Executive Vice President General Motors Common Stock, $1-2/3 Par Value 2008-06-02 4 F 0 3515 17.25 D 12621 D General Motors Common Stock, $1-2/3 Par Value 2008-06-02 4 A 0 9000 0 A 21621 D General Motors Common Stock, $1-2/3 Par Value 954 I Trust GM Phantom Stock Units $1-2/3 Par Value Common Stock 0 General Motors Common Stock, $1-2/3 Par Value 3757 3757 D GM Stock $1-2/3 Par Value Deferred Stock Units 0 General Motors Common Stock, $1-2/3 Par Value 47722 47722 D GM Stock $1-2/3 Par Value Option (Right to Buy) 71.53 2000-01-11 2009-01-12 General Motors Common Stock, $1-2/3 Par Value 20434 20434 D GM Stock $1-2/3 Par Value Option (Right to Buy) 75.50 2001-01-10 2010-01-11 General Motors Common Stock, $1-2/3 Par Value 18000 18000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 52.35 2002-01-08 2011-01-09 General Motors Common Stock, $1-2/3 Par Value 20000 20000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 50.46 2003-01-07 2012-01-08 General Motors Common Stock, $1-2/3 Par Value 40000 40000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 50.82 2003-02-04 2012-02-05 General Motors Common Stock, $1-2/3 Par Value 20000 20000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 40.05 2004-01-21 2013-01-22 General Motors Common Stock, $1-2/3 Par Value 40000 40000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 53.92 2005-01-23 2014-01-24 General Motors Common Stock, $1-2/3 Par Value 32000 32000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 36.37 2006-01-24 2015-01-25 General Motors Common Stock, $1-2/3 Par Value 32000 32000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 20.90 2007-02-23 2016-02-24 General Motors Common Stock, $1-2/3 Par Value 36000 36000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 29.11 2008-03-20 2017-03-21 General Motors Common Stock, $1-2/3 Par Value 50000 50000 D GM Stock $1-2/3 Par Value Option (Right to Buy) 23.13 2009-03-05 2018-03-06 General Motors Common Stock, $1-2/3 Par Value 87500 87500 D GM Stock $1-2/3 Par Value Restricted Stock Units 0 2008-03-20 General Motors Common Stock, $1-2/3 Par Value 30000 30000 D GM Stock $1-2/3 Par Value Restricted Stock Units 0 2009-03-05 General Motors Common Stock, $1-2/3 Par Value 34033 34033 D Settlement in stock for long-term performance incentive payout under the General Motors Stock Incentive Plan that were not derivative securities; exempt transaction under Rule 16b-3. A fixed percentage of the shares was withheld by GM to pay appropriate federal, state and local taxes in a transaction exempt under Rule 16b-3. Shares held in trust under General Motors Savings Stock Purchase Program as of 12/31/07. State Street Bank & Trust Co., Trustee. Shares owned pursuant to Rule 16b-3 exempt employee savings plan. The Phantom Stock Units are held under Section 16b-3(c) exempt Rule 16b-3(b)(2) eligible excess benefit plan operated in conjunction with a qualified 401(k) plan. Each Unit is the economic equivalent of one share of General Motors common stock. The Units are payable in cash upon separation from General Motors. These Units are being reported even though they are exempt under Rule 16b-3. Units held as of 12/31/07. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form. The Deferred Stock Units were accrued under the Rule 16b-3 qualified General Motors Deferred Compensation Plan. Each Deferred Stock Unit is the economic equivalent of one share of General Motors common stock. Dividend equivalents are earned on each Deferred Stock Unit. Units held as of 12/31/07. The Deferred Stock Units convert on a "1 for 1" basis. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form. Employee stock option granted pursuant to Rule 16b-3 qualified General Motors Long-Term Incentive Plan. Stock options vest and become exercisable in three equal annual installments, commencing, respectively, one, two and three years from the date of initial grant. Date shown in column 6 is the date the first installment becomes/became exercisable. Restricted Stock Units ("RSU") granted pursuant to Rule 16b-3 qualified General Motors Cash Based Restricted Stock Unit Plan. Each Restricted Stock Unit is the economic equivalent of one share of General Motors common stock. The RSUs are denominated in stock units but are paid in cash in three annual installments commencing, respectively, one, two and three years from the date of initial grant. Date shown in Table II is the date the first installment is/was payable. The price of zero in Table II is notional and only used for purposes of facilitating the electronic filing of this Form. /s/ Martin I. Darvick, attorney-in-fact for Mr. Stephens 2008-06-04