SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* WAGONER G RICHARD JR (Last) (First) (Middle) 300 RENAISSANCE CENTER, P.O. BOX 300 MAIL CODE: 482-C38-B71 (Street) DETROIT MI 482653000 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol GENERAL MOTORS CORP [ GM & GMH ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chairman & CEO
	3. Date of Earliest Transaction (Month/Day/Year) 11/03/2003
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
General Motors Common Stock, $1-2/3 Par Value	11/03/2003		G	V	2,453	D	$0	105,791	D
General Motors Common Stock, $1-2/3 Par Value								14,039	I	Trust(1)
GM Class H Common Stock, $.10 Par Value								78,380	D(2)
GM Class H Common Stock, $.10 Par Value								1,961	I	Trust(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$40.07							02/05/1997(3)	02/06/2006	General Motors Common Stock, $1-2/3 Par Value	127,918		127,918	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$44.73							02/03/1998(3)	02/04/2007	General Motors Common Stock, $1-2/3 Par Value	130,410		130,410	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$46.59							01/12/1999(3)	01/13/2008	General Motors Common Stock, $1-2/3 Par Value	120,200		120,200	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$71.53							01/11/2000(3)	01/12/2009	General Motors Common Stock, $1-2/3 Par Value	210,350		210,350	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$75.5							01/10/2001(3)	01/11/2010	General Motors Common Stock, $1-2/3 Par Value	200,000		200,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$70.1							06/01/2001(3)	06/02/2010	General Motors Common Stock, $1-2/3 Par Value	50,000		50,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$52.35							01/08/2002(3)	01/09/2011	General Motors Common Stock, $1-2/3 Par Value	400,000		400,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$50.46							01/07/2003(3)	01/08/2012	General Motors Common Stock, $1-2/3 Par Value	500,000		500,000	D
GM Stock $1-2/3 Par Value Option (Right to Buy)(3)	$50.82							02/04/2003(3)	02/05/2012	General Motors Common Stock, $1-2/3 Par Value	100,000		100,000	D
GM Stock $1-2/3 Par Value Option (Right To Buy)(3)	$40.05							01/21/2004(3)	01/22/2013	General Motors Common Stock, $1-2/3 Par Value	500,000		500,000	D
GM Stock $1-2/3 Par Value, Restricted Stock Units(4)	$0.00(4)							08/08/1988(4)	08/08/1988(4)	General Motors Common Stock, $1-2/3 Par Value	125,000		125,000	D

Explanation of Responses:

1. Shares held in trust under General Motors Stock Purchase Program as of 12/31/02. State Street Bank & Trust Co., Trustee. Shares owned pursuant to Rule 16b-3 exempt employee savings plan.

2. Includes 16,454 shares of General Motors $1-2/3 par value Common Stock and 16,755 shares of General Motors Class H Common Stock subject to forfeiture under certain conditions pursuant to Rule 16b-3 qualified General Motors Performance Achievement Plan.

3. Employee stock options granted pursuant to Rule 16b-3 qualified General Motors Stock Incentive Plan. Stock options are exercisable in three equal annual installments, commencing, respectively, one, two and three years from the date of initial grant.

4. The Restricted Stock Units were accrued under the Rule 16b-3 qualified General Motors Deferred Compensation Plan. Dividend equivalents are earned on each Restricted Stock Unit. Units held as of 12/31/02. The Restricted Stock Units convert on a '1 for 1' basis. The price of zero and the dates of 08/08/88 are fictional and only used for purposes of faciliting the electronic filing of this form.

Remarks:

	By: Martin I. Darvick - Attorney-in-Fact for	11/12/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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