{ "acronym_definitions": [ { "acronym": "2023 Form 10-K", "meaning": "GM’s Annual Report on Form 10-K for the year ended December 31, 2023" }, { "acronym": "AAFCF", "meaning": "Adjusted Automotive Free Cash Flow" }, { "acronym": "Annual Meeting", "meaning": "GM’s Annual Meeting of Shareholders to be held on June 4, 2024" }, { "acronym": "AAOCF", "meaning": "Adjusted Automotive Operating Cash Flow" }, { "acronym": "AV", "meaning": "Autonomous Vehicle" }, { "acronym": "Board", "meaning": "GM’s Board of Directors" }, { "acronym": "Bylaws", "meaning": "GM’s Amended and Restated Bylaws, dated as of April 19, 2023" }, { "acronym": "CAP", "meaning": "Compensation Actually Paid" }, { "acronym": "CEO", "meaning": "Chief Executive Officer" }, { "acronym": "CFO", "meaning": "Chief Financial Officer" }, { "acronym": "Code of Conduct", "meaning": "GM’s Code of Conduct: “Winning with Integrity”" }, { "acronym": "Compensation Committee", "meaning": "Executive Compensation Committee" }, { "acronym": "DB", "meaning": "Defined Benefit" }, { "acronym": "DC", "meaning": "Defined Contribution" }, { "acronym": "DE&I", "meaning": "Diversity, Equity, and Inclusion" }, { "acronym": "Director Compensation Plan", "meaning": "General Motors Company Deferred Compensation Plan for Non-Employee Directors" }, { "acronym": "DSU", "meaning": "Deferred Share Unit" }, { "acronym": "EBIT", "meaning": "Earnings Before Interest and Taxes" }, { "acronym": "EPS", "meaning": "Earnings Per Share" }, { "acronym": "ESG", "meaning": "Environmental, Social, and Governance" }, { "acronym": "EUV", "meaning": "Electric Utility Vehicle" }, { "acronym": "EV", "meaning": "Electric Vehicle" }, { "acronym": "EY", "meaning": "Ernst & Young LLP" }, { "acronym": "GAAP", "meaning": "U.S. Generally Accepted Accounting Principles" }, { "acronym": "GHG", "meaning": "Greenhouse Gas" }, { "acronym": "GICS", "meaning": "Global Industry Classification Standard" }, { "acronym": "GM, General Motors, or the Company", "meaning": "General Motors Company" }, { "acronym": "GM Financial", "meaning": "General Motors Financial Company, Inc." }, { "acronym": "GMI", "meaning": "GM International" }, { "acronym": "GMNA", "meaning": "GM North America" }, { "acronym": "Governance Committee", "meaning": "Governance and Corporate Responsibility Committee" }, { "acronym": "ICE", "meaning": "Internal Combustion Engine" }, { "acronym": "IRC", "meaning": "Internal Revenue Code" }, { "acronym": "LTIP", "meaning": "Long-Term Incentive Plan" }, { "acronym": "M&A", "meaning": "Mergers and Acquisitions" }, { "acronym": "NEO", "meaning": "Named Executive Officer" }, { "acronym": "Notice", "meaning": "Notice Regarding the Availability of Proxy Materials" }, { "acronym": "NQ", "meaning": "Nonqualified" }, { "acronym": "NYSE", "meaning": "New York Stock Exchange" }, { "acronym": "OEM", "meaning": "Original Equipment Manufacturer" }, { "acronym": "PAC", "meaning": "Political Action Committee" }, { "acronym": "Proxies", "meaning": "Mary T. Barra, Craig B. Glidden, and John S. Kim" }, { "acronym": "PSU", "meaning": "Performance Share Unit" }, { "acronym": "R&D", "meaning": "Research and Development" }, { "acronym": "ROIC", "meaning": "Return on Invested Capital" }, { "acronym": "RSU", "meaning": "Restricted Stock Unit" }, { "acronym": "SAR", "meaning": "Stock Appreciation Right" }, { "acronym": "SCT", "meaning": "Summary Compensation Table" }, { "acronym": "SEC", "meaning": "U.S. Securities and Exchange Commission" }, { "acronym": "Senior Leadership Team", "meaning": "Certain members of management who report directly to the CEO or the President" }, { "acronym": "Shares", "meaning": "Unless otherwise indicated, GM’s Common Stock, $0.01 par value per share" }, { "acronym": "STIP", "meaning": "Short-Term Incentive Plan" }, { "acronym": "TSR", "meaning": "Total Shareholder Return" }, { "acronym": "WACC", "meaning": "Weighted Average Cost of Capital" } ], "annual_meeting_date": "2024-06-04", "annual_meeting_place": "Online via live webcast at: virtualshareholdermeeting.com/GM2024", "annual_meeting_record_date": "2024-04-15", "annual_meeting_time": "11:00 a.m. Eastern Time", "audit_fees": [ { "amount_millions_usd": 23, "fee_type": "Audit", "fiscal_year": 2023 }, { "amount_millions_usd": 21, "fee_type": "Audit", "fiscal_year": 2022 }, { "amount_millions_usd": 5, "fee_type": "Audit-Related", "fiscal_year": 2023 }, { "amount_millions_usd": 5, "fee_type": "Audit-Related", "fiscal_year": 2022 }, { "amount_millions_usd": 1, "fee_type": "Tax", "fiscal_year": 2023 }, { "amount_millions_usd": 2, "fee_type": "Tax", "fiscal_year": 2022 }, { "amount_millions_usd": 30, "fee_type": "Subtotal", "fiscal_year": 2023 }, { "amount_millions_usd": 27, "fee_type": "Subtotal", "fiscal_year": 2022 }, { "amount_millions_usd": 2, "fee_type": "All Other Services", "fiscal_year": 2023 }, { "amount_millions_usd": 2, "fee_type": "All Other Services", "fiscal_year": 2022 }, { "amount_millions_usd": 31, "fee_type": "TOTAL", "fiscal_year": 2023 }, { "amount_millions_usd": 29, "fee_type": "TOTAL", "fiscal_year": 2022 } ], "board_committees": [ { "chair_name": "Thomas M. 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"Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Years", "amount_usd": 6628520, "population": "CEO", "year": 2021 }, { "adjustment_line": "Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Years", "amount_usd": 1281139, "population": "Average Non-CEO NEOs", "year": 2021 }, { "adjustment_line": "Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Years", "amount_usd": 2881004, "population": "CEO", "year": 2020 }, { "adjustment_line": "Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Years", "amount_usd": 231707, "population": "Average Non-CEO NEOs", "year": 2020 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": 1065305, "population": "CEO", "year": 2023 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": 199384, "population": "Average Non-CEO NEOs", "year": 2023 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": -2429243, "population": "CEO", "year": 2022 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": -481646, "population": "Average Non-CEO NEOs", "year": 2022 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": 4969494, "population": "CEO", "year": 2021 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": 804660, "population": "Average Non-CEO NEOs", "year": 2021 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": -1755912, "population": "CEO", "year": 2020 }, { "adjustment_line": "Change in Fair Value of Option Awards that Vested in the Covered Year", "amount_usd": -177797, "population": "Average Non-CEO NEOs", "year": 2020 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": null, "population": "CEO", "year": 2023 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": null, "population": "Average Non-CEO NEOs", "year": 2023 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": null, "population": "CEO", "year": 2022 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": null, "population": "Average Non-CEO NEOs", "year": 2022 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": null, "population": "CEO", "year": 2021 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": null, "population": "Average Non-CEO NEOs", "year": 2021 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": null, "population": "CEO", "year": 2020 }, { "adjustment_line": "Less: Fair Value of Option Awards Forfeited During the Covered Year", "amount_usd": -89780, "population": "Average Non-CEO NEOs", "year": 2020 }, { "adjustment_line": "CAP Total", "amount_usd": 21715743, "population": "CEO", "year": 2023 }, { "adjustment_line": "CAP Total", "amount_usd": 12490596, "population": "Average Non-CEO NEOs", "year": 2023 }, { "adjustment_line": "CAP Total", "amount_usd": -16991516, "population": "CEO", "year": 2022 }, { "adjustment_line": "CAP Total", "amount_usd": -2724335, "population": "Average Non-CEO NEOs", "year": 2022 }, { "adjustment_line": "CAP Total", "amount_usd": 76096506, "population": "CEO", "year": 2021 }, { "adjustment_line": "CAP Total", "amount_usd": 19443928, "population": "Average Non-CEO NEOs", "year": 2021 }, { "adjustment_line": "CAP Total", "amount_usd": 45185399, "population": "CEO", "year": 2020 }, { "adjustment_line": 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Glidden", "executive_severance_program_usd": 4495315, "retirement_usd": 11799785, "voluntary_or_for_cause_usd": null } ], "voting_matters": [ { "abstentions_effect": "No effect", "agenda_item_number": 1, "approval_requirement": "Majority of votes cast", "board_recommendation": "FOR each director nominee", "broker_non_votes_effect": "No effect" }, { "abstentions_effect": "Counted as “AGAINST”", "agenda_item_number": 2, "approval_requirement": "Majority of shares present (in person or by proxy) and entitled to vote", "board_recommendation": "FOR", "broker_non_votes_effect": "Discretionary vote" }, { "abstentions_effect": "Counted as “AGAINST”", "agenda_item_number": 3, "approval_requirement": "Majority of shares present (in person or by proxy) and entitled to vote", "board_recommendation": "FOR", "broker_non_votes_effect": "No effect" }, { "abstentions_effect": "Counted as “AGAINST”", "agenda_item_number": 4, "approval_requirement": "Majority of shares present (in person or by proxy) and entitled to vote", "board_recommendation": "AGAINST", "broker_non_votes_effect": "No effect" }, { "abstentions_effect": "Counted as “AGAINST”", "agenda_item_number": 5, "approval_requirement": "Majority of shares present (in person or by proxy) and entitled to vote", "board_recommendation": "AGAINST", "broker_non_votes_effect": "No effect" }, { "abstentions_effect": "Counted as “AGAINST”", "agenda_item_number": 6, "approval_requirement": "Majority of shares present (in person or by proxy) and entitled to vote", "board_recommendation": "AGAINST", "broker_non_votes_effect": "No effect" }, { "abstentions_effect": "Counted as “AGAINST”", "agenda_item_number": 7, "approval_requirement": "Majority of shares present (in person or by proxy) and entitled to vote", "board_recommendation": "AGAINST", "broker_non_votes_effect": "No effect" } ] }