Form 4 for SES SES AI Corp
Accepted 2024-11-19 00:00:00 ET · period of report 2024-11-15 · accession 0000950170-24-128612 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-11-19 | 2024-11-15 | SES | General Motors Holdings LLC | 10% | S - Sale | $0.2 | -13.33M | 9.84M | -58% | -$2.67M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.0001 | 2024-11-15 | S | D | 13,332,000 | $0.2 | 9,843,622 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.20/share to $0.29/share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F3) (Continued form footnote 2) The address of the principal business office of each of GM, GM Holdings, and GM Ventures is 300 Renaissance Center, Detroit, MI, 48265. (F2) General Motors Ventures LLC ("GM Ventures") is the record holder of 7,758,498 shares of Class A Common Stock and 2,085,124 shares of Class A Common Stock that may be issued for the benefit of the former holders of SES Holdings Pte. Ltd. common stock (the "Earn-Out Shares"). General Motors Holdings LLC ("GM Holdings") is the record holder of 9,043,889 shares of Class A Common Stock and 836,826 Earn-Out Shares. GM Ventures is a direct, wholly owned subsidiary of GM Holdings, and GM Holdings is a direct, wholly owned subsidiary of General Motors Company ("GM"). GM may be deemed to share beneficial ownership over the shares of Class A Common Stock directly owned by GM Ventures and GM Holdings, and GM Holdings may be deemed to share beneficial ownership over the shares of Class A Common Stock directly owned by GM Ventures. Each of GM and GM Holdings disclaims beneficial ownership of any shares other than to the extent they may have a pecuniary interest therein. |