4//SEC Filing
Makharia Rohit 4
Accession 0001415889-23-016319
CIK 0001819142other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 5:30 PM ET
Size
9.9 KB
Accession
0001415889-23-016319
Insider Transaction Report
Form 4
SES AI CorpSES
Makharia Rohit
Pres. & Chief Op. Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-12-11$0.16/sh+75,000$12,000→ 179,603 total - Sale
Class A Common Stock
2023-12-11$2.12/sh−75,000$159,015→ 104,603 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-12-11−75,000→ 6,392,676 totalExercise: $0.16Exp: 2031-02-28→ Class A Common Stock (75,000 underlying)
Footnotes (4)
- [F1]The option exercise and sale of Class A Common Stock of the issuer was executed pursuant to a Rule 10b5-1 plan entered into by the Reporting Person on September 11, 2023.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.04 to $2.17, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4
- [F3]Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on April 17, 2023 (the "Grant Date") pursuant to the Issuer's 2021 Incentive Award Plan. The RSUs will vest, and an equal number of shares of Class A Common Stock will be deliverable to the reporting person, in three equal installments on the first, second and third anniversaries of the Grant Date, subject to continued employment through each applicable vesting date.
- [F4]Reflects options granted on March 1, 2021 that will vest 25% on the first anniversary of the grant date and continue to vest in equal monthly installments over the following 36 months, subject to the Reporting Person's continued service on the vesting date.
Documents
Issuer
SES AI Corp
CIK 0001819142
Entity typeother
Related Parties
1- filerCIK 0001907018
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 5:30 PM ET
- Size
- 9.9 KB