Margaret C Whitman Receives Stock Award at General Motors Co (GM) — SEC Form 4, Jan 04, 2022

SEC Form 4 · No Market Transaction
Stock Award

Compensation grant — no market purchase or sale.

Reporting Owner
TXN 2021-12-31 · FILED 2022-01-04
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2022-01-04
Report Date
2021-12-31
Accession No.
0001467858-22-000020
Accepted At
2022-01-04 22:23 UTC
Reporting Owner
Name Relationship
Margaret C Whitman CIK 0001079816
Director
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Deferred Share UnitsF1F2F3F1F1 2021-12-31 A - Award/Grant 4,085 A $56.78 4,085 Common Stock Direct
Footnotes (3)
F1
Amounts credited as DSUs will be paid in cash after the non-employee director leaves the Board, valued at the average closing price of the Company's Common Stock during the quarter immediately preceding payment. Show more
F2
Deferred Share Units ("DSUs") were awarded pursuant to the General Motors Company Deferred Compensation Plan for Non-Employee Directors (the ("Plan"). Under the Plan, each non-employee director is required to defer one-half of the $305,000 annual retainer fee for service on the Board of Directors into DSUs and may elect to defer more. The deferred portion of the retainer fee is pro-rated for a partial year of service and converted to DSUs based on the average closing price of the Company's Common Stock during the period of service. Show more
F3
The Reporting Person's annual retainer fee was pro-rated for a partial year of service, therefore, the price of the DSUs is the average closing price of the Company's Common Stock during the period of service. Show more
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