GENERAL MOTORS CORP 4
4 · GENERAL MOTORS CORP · Filed Jan 5, 2009
Insider Transaction Report
Form 4
ISDELL E NEVILLE
Director
Transactions
- Award
GM Stock $1-2/3 Par Value Stock Units
2008-12-31+5,898→ 5,898 totalExercise: $0.00→ General Motors Common Stock, $1-2/3 Par Value (5,898 underlying)
Holdings
- 2,000
General Motors Common Stock, $1-2/3 Par Value
Footnotes (1)
- [F1]Stock Units credited pursuant to Rule 16b-3 qualified GM Compensation Plan for Non-employee Directors. Deferred compensation, equal to the retainers earned during the year, is credited annually on each December 31. The deferred compensation is converted into Stock Units at the average daily closing market price of GM Common Stock for such year. The amounts credited during the year also include dividend equivalents on such Stock Units. Pursuant to such Plan, the Stock Units are deferred until after the director's retirement from GM and are paid in cash. The Stock Units convert on a one for one basis. The price of Zero is nominal and only used for purposes of facilitating the electronic filing of this Form.