Filing Details

Accession Number:
0001415889-23-016319
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-12 17:30:16
Reporting Period:
2023-12-11
Accepted Time:
2023-12-12 17:30:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1819142 Ses Ai Corp SES Miscellaneous Electrical Machinery, Equipment & Supplies (3690) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1907018 Rohit Makharia C/O Ses Ai Corporation
35 Cabot Road
Woburn MA 01801
Pres. & Chief Strategy Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-12-11 75,000 $0.16 179,603 No 4 M Direct
Class A Common Stock Disposition 2023-12-11 75,000 $2.12 104,603 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (Right to Buy) Disposition 2023-12-11 75,000 $0.00 75,000 $0.16
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,392,676 2031-02-28 No 4 M Direct
Footnotes
  1. 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.
  2. 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
  3. 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.
  4. 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.