Financial Disclosure Details - OGE Form 278e (06/25/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
5
Detroit, Michigan
Director
Present

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
3
Detroit, Michigan
Filer was appointed to the board of directors on March 25, 2021. Pursuant to a plan, the filer receives a grant of deferred share units (DSU) equal in value to one share of GM common stock, which are fully vested upon grant but does not have voting rights. DSUs will not be available for disposition until after the Filer leaves the Board. Pursuant to company policy, Filer is provided use of a company automobile. This benefit will end upon termination. If Filer remains on the board into 2022, she will receive another grant, at least 50% of which must be DSUs. If Filer takes the remaining 50% in cash, but terminates her board service prior to the end of 2022, she would receive a prorated amount of the cash grant. Filer also would receive a cash payment or payments based on the number of DSUs in her account valued at the average daily closing market price for the quarter immediately preceding payment. Filer will be paid in a lump sum or in annual installments for up to five years, based on the deferral elections.
3/2021

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