-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U7frzL967q9ufn021GgWUBe91glCRDiY2w0mtSw6zm/uk5KWyZEAXpFBh40I1rJj yGxW9C5/SCwdHQTtseY6bA== 0000040730-00-000032.txt : 20000308 0000040730-00-000032.hdr.sgml : 20000308 ACCESSION NUMBER: 0000040730-00-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000307 ITEM INFORMATION: FILED AS OF DATE: 20000307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MOTORS CORP CENTRAL INDEX KEY: 0000040730 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 380572515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-00143 FILM NUMBER: 562328 BUSINESS ADDRESS: STREET 1: 100 RENAISSANCE CTR CITY: DETROIT STATE: MI ZIP: 48265-1000 BUSINESS PHONE: 3135565000 MAIL ADDRESS: STREET 1: 3044 W GRAND BOULEVARD CITY: DETROIT STATE: MI ZIP: 48202-3091 8-K 1 PRESS RELEASE ON SERIES-D DS AND SERIES-D TOPRS SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549-1004 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) March 7, 2000 ------------- GENERAL MOTORS CORPORATION ----------------------------------------------------- (Exact name of registrant as specified in its charter) STATE OF DELAWARE 1-143 38-0572515 - ---------------------------- ----------------------- ------------------- (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 300 Renaissance Center, Detroit, Michigan 48265-3000 - -------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (313) 556-5000 -------------- - 1 - ITEM 5. OTHER EVENTS On March 7, 2000, General Motors Corporation (GM) issued a press release announcing redemption of Series-D Depositary Shares and Series-D TOPrS. The release is as follows: GM ANNOUNCES REDEMPTION OF SERIES-D DEPOSITARY SHARES AND SERIES-D TOPrS NEW YORK - General Motors Corp. (NYSE: GM) today announced the redemption of a total of approximately 3 million outstanding depositary shares, each of which represents a one-fourth interest in a GM Series-D 7.92% Preference Share (NYSE: GM.D), and approximately 3.1 million outstanding Series-D 8.67% Trust Originated Preferred Securities (TOPrS) (NYSE: GM.X). The securities together have a total face value of approximately $150 million. The redemption date is May 2, 2000. Investors will receive notice of the redemptions by publication and by mail. "These redemptions extinguish two expensive, debt-like obligations for General Motors, while having a positive impact on GM $1-2/3 common stock earnings per share," said GM Vice President and Treasurer Eric A. Feldstein. The Series-D depositary shares will be redeemed at a price of $25 per depositary share, plus accrued and unpaid dividends of $0.18 per share, for a total redemption price of $25.18 per depositary share. In addition, as previously announced, a dividend of $0.495 per Series-D depositary share for the quarter ended March 31, 2000 will be paid on May 1, 2000 to the holders of record on April 3, 2000. The Series-D depositary shares, issued in July 1992, first became redeemable at GM's option beginning Aug. 1, 1999. The Series-D TOPrS will be redeemed at a price of $25 per security, plus an accrued and unpaid distribution of $0.01 per share, for a total redemption price of $25.01 per Series-D TOPrS. Additionally, a distribution of approximately $0.542 per Series-D TOPrS will be paid on May 1, 2000 to holders of record on April 15, 2000 for the period beginning Feb. 1, 2000 and ending April 30, 2000. The Series-D TOPrS first became redeemable at GM's option beginning Aug. 1, 1999. They were issued in July 1997. The redemption/paying agent for the redemption of the Series-D depositary shares and the Series-D TOPrS is BankBoston N.A., 150 Royall Street, Canton, Mass., 02021. Stockholders with questions about their Series-D preference shares or Series-D TOPrS may call the information agent, Georgeson Shareholder Communications Inc., at 1-800-223-2064. # # # SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GENERAL MOTORS CORPORATION -------------------------- (Registrant) Date March 7, 2000 ------------- By s/Peter R. Bible ------------------------------- (Peter R. Bible, Chief Accounting Officer) - 2 - -----END PRIVACY-ENHANCED MESSAGE-----