Sec Form 4 Filing - Bingol Selim @ General Motors Co - 2013-03-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bingol Selim
2. Issuer Name and Ticker or Trading Symbol
General Motors Co [ GM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President
(Last) (First) (Middle)
300 RENAISSANCE CENTER, M/C: 482-C25-A36
3. Date of Earliest Transaction (MM/DD/YY)
03/31/2013
(Street)
DETROIT, MI48265-3000
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 03/31/2013 M 1,263 A $ 0 ( 2 ) 12,874 D
Common Stock 03/31/2013 D 412 D $ 27.87 ( 2 ) 12,462 D
Common Stock 03/31/2013 F 851 D $ 27.87 ( 2 ) 11,611 D
Common Stock ( 3 ) 03/31/2013 M 733 A $ 0 ( 2 ) 12,344 D
Common Stock 03/31/2013 D 241 D $ 27.87 ( 2 ) 12,103 D
Common Stock 03/31/2013 F 492 D $ 27.87 ( 2 ) 11,611 D
Common Stock ( 4 ) 03/31/2013 A 309 A $ 0 ( 2 ) 11,920 D
Common Stock 03/31/2013 A 102 D $ 27.87 ( 2 ) 11,818 D
Common Stock 03/31/2013 A 207 D $ 27.87 ( 2 ) 11,611 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Salary Stock Units ( 1 ) $ 0 ( 2 ) 03/31/2013 M 1,263 ( 5 ) ( 5 ) Common Stock 1,263 ( 2 ) 2,523 D
Salary Stock Units ( 3 ) ( 2 ) 03/31/2013 M 733 ( 5 ) ( 5 ) Common Stock 733 ( 2 ) 732 D
Salary Stock Units ( 6 ) $ 0 ( 2 ) 03/31/2013 M 309 ( 6 ) ( 5 ) ( 5 ) Common Stock 309 $ 0 ( 2 ) 0 D
Salary Stock Units ( 7 ) $ 0 ( 2 ) 03/31/2013 A 3,230 ( 5 ) ( 5 ) Common Stock 3,230 $ 0 3,230 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bingol Selim
300 RENAISSANCE CENTER
M/C: 482-C25-A36
DETROIT, MI48265-3000
Vice President
Signatures
/s/ Anne T. Larin, attorney-in-fact for Mr. Bingol 04/02/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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, 2012 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, 2013 in cash, less a portion withheld for taxes.
( 2 )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 $27.87.
( 3 )The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on March 31, 2011.
( 4 )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.
( 5 )The SSUs do not have an expiration or exercise date or carry a conversion or exercise price.
( 6 )On March 31, 2010 the employee received a grant of 309 SSUs, of which 103 SSUs were scheduled to be payable on December 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 SSUs was automatically converted into three SSUs, so that the employee was credited with a total of 927 SSUs granted on March 31, 2010 of which 309 SSUs became payable on December 31, 2012.
( 7 )The SSUs reported in this item were granted on March 31, 2013 and will be settled in three equal, annual installments beginning March 31, 2014.

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