Baker Hughes Co — Board/Management Information 2021

Aug 3, 2021

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 29, 2021

| BAKER HUGHES COMPANY | | | BAKER HUGHES
HOLDINGS LLC | | |
| --- | --- | --- | --- | --- | --- |
| | | (Exact name of registrant as specified in its charter) | | | |
| Delaware | 1-38143 | 81-4403168 | Delaware | 1-09397 | 76-0207995 |
| (State of Incorporation) | (Commission File No.) | (I.R.S. Employer Identification No.) | (State of Incorporation) | (Commission File No.) | (I.R.S. Employer Identification No.) |
| | | 17021 Aldine Westfield Road | | | |
| | | Houston , Texas 77073 | | | |

Registrant’s telephone number, including area code: ( 713 ) 439-8600

(former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Name of each exchange on which registered

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A Common Stock, par value $0.0001 per share	BKR	New York Stock Exchange
5.125% Senior Notes due 2040	-	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 5.02. Other Events Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 29, 2021, the compensation committee of the board of directors of Baker Hughes Company approved certain changes to the compensation of our Chief Financial Officer, Brian Worrell. Effective August 8, 2021, Mr. Worrell’s annual base salary will be increased to $1,000,000. Mr. Worrell will also receive an increase in his annual short-term incentive target compensation opportunity to 125% of his annual base salary, effective as of January 1, 2021.

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SIGNATURES

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.

/s/ Lee Whitley
Name:	Lee Whitley
Title:	Vice President and Corporate Secretary

/s/ Lee Whitley
Name:	Lee Whitley
Title:	Vice President and Corporate Secretary

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