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Certain Beneficial Owners<br />

The beneficial ownership as of March 15, 2011 of Common Stock by each person or group of persons who<br />

is known to be the beneficial owner of 5% or more of our outstanding shares of Common Stock is shown in the<br />

following table.<br />

Name and Address of Beneficial Owner of Common Stock<br />

The United States Department of the Treasury<br />

1500 Pennsylvania Avenue, NW<br />

Washington, D.C. 20220<br />

Canada GEN Investment Corporation<br />

1235 Bay Street, Suite 400<br />

Toronto, Ontario, Canada M5R 3K4<br />

UAW Retiree Medical Benefits Trust<br />

P.O. Box 14309<br />

Detroit, MI 48214<br />

<strong>Motors</strong> Liquidation <strong>Company</strong><br />

41 S. Old Woodward<br />

Suite 370<br />

Birmingham, MI 48009<br />

Number of<br />

Shares<br />

Percent of<br />

Outstanding Shares<br />

500,065,254 32.04%<br />

140,084,746 8.98%<br />

205,605,545(1) 12.80%<br />

422,727,270(2) 23.06%<br />

(1) Includes 45,454,545 shares of Common Stock issuable upon exercise of a warrant issued to the VEBA Trust<br />

in connection with the 363 Sale. The warrant is exercisable at any time before December 31, 2015, with an<br />

exercise price of $42.31 per share.<br />

(2) Includes 272,727,270 shares of Common Stock issuable upon exercise of two warrants issued to MLC in<br />

connection with the 363 Sale, each to acquire 136,363,635 shares. One warrant is exercisable at any time<br />

before July 10, 2016, with an exercise price of $10.00 per share, and the other warrant is exercisable at any<br />

time before July 10, 2019, with an exercise price of $18.33 per share. After the reporting date for this table,<br />

MLC reported that on March 30, 2011 it entered into a trust agreement under which MLC shares dispositive<br />

power over the Common Stock reported in the table and the two warrants with <strong>Motors</strong> Liquidation<br />

<strong>Company</strong> GUC Trust and Wilmington Trust <strong>Company</strong> as trust administrator.<br />

Stockholders Agreement<br />

Three of our stockholders—the UST, Canada Holdings, and the VEBA Trust—have entered into a<br />

Stockholders Agreement with us (the “Stockholders Agreement”) under which at least two-thirds of the directors<br />

are required to be determined by our Board of Directors to be independent within the meaning of NYSE rules.<br />

As long as the VEBA Trust holds at least 50% of the shares of Common Stock it held at the date of the<br />

Stockholders Agreement, it has the right under the Stockholders Agreement to designate one nominee to our<br />

Board of Directors. The VEBA Trust’s choice is subject to the consent of the International Union, United<br />

Automobile Aerospace and Agricultural Implement Workers of America (“UAW”) and, if its designee is not<br />

independent, to the consent of the UST. Under this provision, the VEBA Trust designated Mr. Girsky, who was<br />

nominated by the Board as part of the slate of candidates it recommends for election at the annual meeting.<br />

The Stockholders Agreement provides that the UST and Canada Holdings (the “Government Holders”) will<br />

not vote their shares of Common Stock, with certain exceptions. With regard to the election of directors, the<br />

Government Holders will vote for any nominee designated by the VEBA Trust as described above and otherwise<br />

will vote at their discretion with respect to any candidates nominated by the Board of Directors or third parties.<br />

With regard to the other matters to be presented to the stockholders at the annual meeting, if the vote of the<br />

Government Holders is required for stockholder action, they will vote in the same proportionate manner as the<br />

holders of Common Stock other than the VEBA Trust and its affiliates and the directors and executive officers of<br />

the <strong>Company</strong>. Similarly, the Stockholders Agreement further provides that the VEBA Trust will vote its shares of<br />

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