Sec Form 4 Filing - Carlisle Stephen K. @ General Motors Co - 2021-01-11

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
Carlisle Stephen K.
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)
Executive Vice President
(Last) (First) (Middle)
300 RENAISSANCE CENTER, M/C: 482-C24-A68
3. Date of Earliest Transaction (MM/DD/YY)
01/11/2021
(Street)
DETROIT, MI48265
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 01/11/2021 M 50,615 ( 1 ) A $ 31.32 106,024 D
Common Stock 01/11/2021 S 50,615 ( 1 ) D $ 45 ( 2 ) 55,409 D
Common Stock 01/12/2021 M 50,614 ( 1 ) A $ 31.32 106,023 D
Common Stock 01/12/2021 S 50,614 ( 1 ) D $ 46.99 ( 3 ) 55,409 D
Common Stock 01/12/2021 M 20,206 ( 1 ) A $ 34.34 75,615 D
Common Stock 01/12/2021 S 20,206 ( 1 ) D $ 47.87 ( 4 ) 55,409 D
Common Stock 01/12/2021 M 20,206 ( 1 ) A $ 34.34 75,615 D
Common Stock 01/12/2021 S 20,206 ( 1 ) D $ 45.98 ( 5 ) 55,409 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
Employee Stock Option (Right to Buy) $ 31.32 01/11/2021 M 50,615 ( 1 ) ( 6 ) 07/28/2025 Common Stock 50,615 $ 0 50,614 D
Employee Stock Option (Right to Buy) $ 31.32 01/12/2021 M 50,614 ( 1 ) ( 6 ) 07/28/2025 Common Stock 50,614 $ 0 0 D
Employee Stock Option (Right to Buy) $ 34.34 01/12/2021 M 20,206 ( 1 ) ( 7 ) 06/07/2027 Common Stock 20,206 $ 0 20,206 D
Employee Stock Option (Right to Buy) $ 34.34 01/12/2021 M 20,206 ( 1 ) ( 7 ) 06/07/2027 Common Stock 20,206 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Carlisle Stephen K.
300 RENAISSANCE CENTER
M/C: 482-C24-A68
DETROIT, MI48265
Executive Vice President
Signatures
/s/ Tia Y. Turk, Attorney-in-Fact for Mr. Carlisle 01/13/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
( 2 )The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $44.85 to $45.15, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
( 3 )The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $46.85 to $47.14, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
( 4 )The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $47.85 to $47.93, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
( 5 )The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $45.85 to $46.41, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
( 6 )These stock options were granted on July 28, 2015, under the Company's 2014 Long-Term Incentive Plan. Forty percent of the options became exercisable on February 15, 2017; the remaining 60% became exercisable in three equal installments on February 15, 2018, February 15, 2019, and February 15, 2020.
( 7 )These stock options were granted on June 7, 2017, under the Company's 2017 Long-Term Incentive Plan. The stock options vested in three equal installments on February 14, 2018, February 14, 2019, and February 14, 2020.

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