Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
STEPHENS THOMAS G
  2. Issuer Name and Ticker or Trading Symbol
GENERAL MOTORS CORP [GM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Chairman
(Last)
(First)
(Middle)
300 RENAISSANCE CENTER, P.O. BOX 300
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2009
(Street)

DETROIT, MI 48265-3000
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 05/19/2009   M   49,011 A (1) 49,011 D  
General Motors Common Stock, $1-2/3 Par Value 05/19/2009   S   27,310 D $ 1.09 21,701 D  
General Motors Common Stock, $1-2/3 Par Value 05/19/2009   F   4,899 D (1) 16,802 D  
General Motors Common Stock, $1-2/3 Par Value 05/19/2009   F   6,276 D $ 1.09 10,526 D  
General Motors Common Stock, $1-2/3 Par Value 05/19/2009   S   10,526 D $ 1.25 0 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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 Deferred Stock Units (2) $ 0 05/19/2009   M     49,011   (2)   (2) General Motors Common Stock, $1-2/3 Par Value 49,011 $ 0 0 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 18,000   18,000 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 20,000   20,000 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 40,000   40,000 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 20,000   20,000 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 40,000   40,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (3) $ 53.92             01/23/2005(3) 01/24/2014 General Motors Common Stock, $1-2/3 Par Value 32,000   32,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (3) $ 36.37             01/24/2006(3) 01/25/2015 General Motors Common Stock, $1-2/3 Par Value 32,000   32,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (3) $ 20.9             02/23/2007(3) 02/24/2016 General Motors Common Stock, $1-2/3 Par Value 36,000   36,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (3) $ 29.11             03/20/2008(3) 03/21/2017 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) $ 23.13             03/05/2009(3) 03/06/2018 General Motors Common Stock, $1-2/3 Par Value 87,500   87,500 D  
GM Stock $1-2/3 Par Value Restricted Stock Units (4) $ 0             03/20/2008(4)   (4) General Motors Common Stock, $1-2/3 Par Value 30,000   30,000 D  
GM Stock $1-2/3 Par Value Restricted Stock Units (4) $ 0             03/05/2009(4)   (4) General Motors Common Stock, $1-2/3 Par Value 34,033   34,033 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STEPHENS THOMAS G
300 RENAISSANCE CENTER
P.O. BOX 300
DETROIT, MI 48265-3000
      Vice Chairman  

Signatures

 /s/ Martin I. Darvick, attorney-in-fact for Mr. Stephens   05/20/2009
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The Deferred Stock Units were accrued under the Rule 16b-3 qualified General Motors Deferred Compensation Plan. Each Deferred Stock Unit is the economic equivalent of one share of General Motors common stock. If General Motors pays a dividend, dividend equivalents are earned on each Deferred Stock Unit. Units held as of 12/31/08. The Deferred Stock Units convert on a "1 for 1" basis. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form. I withdrew and sold all of my shares of General Motors common stock held in the Plan; in so doing, I also had shares withheld to pay a 10% penalty for early withdrawal and to pay income taxes owed for such sale.
(2) The Deferred Stock Units were accrued under the Rule 16b-3 qualified General Motors Deferred Compensation Plan. Each Deferred Stock Unit is the economic equivalent of one share of General Motors common stock. If General Motors pays a dividend, dividend equivalents are earned on each Deferred Stock Unit. Units held as of 12/31/08. The Deferred Stock Units convert on a "1 for 1" basis. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form.
(3) Employee stock option granted pursuant to Rule 16b-3 qualified General Motors Long-Term Incentive Plan. Stock options vest and become exercisable in three equal annual installments, commencing, respectively, one, two and three years from the date of initial grant. Date shown in Column 6 of Table II is the date the first installment becomes/became exercisable.
(4) Restricted Stock Units are granted under the Rule 16b-3 qualified General Motors Stock Incentive Plan. The RSUs are denominated in stock and are to be delivered in stock in five annual installments commencing, respectively, one, two, three, four and five years from the date of the initial grant. Each Restricted Stock Unit is the economic equivalent of one share of General Motors common stock. If General Motors pays a dividend, dividend equivalents are earned on each undelivered Restricted Stock Unit. Date shown in column 6 is the date the first installment is payable. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form. Pursuant to the terms of the United States Treasury Loan Agreement with General Motors, RSU installments due to be delivered in 2009 were not made as originally scheduled pending review with the United States Treasury.

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