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Baker Hughes Co — Director's Dealing 2018
May 31, 2018
30019_dirs_2018-05-31_1ebe81d2-5670-4210-82cf-5a73fb379db3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Baker Hughes a GE Co (BHGE)
CIK: 0001701605
Period of Report: 2018-05-30
Reporting Person: GENERAL ELECTRIC CO (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-30 | Class B Common Stock | D | 1578948 | — | Disposed | 124569778 | Direct |
| 2018-05-30 | Class B Common Stock | D | 7138339 | — | Disposed | 563173317 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-30 | Common Unit | $ | D | 1578948 | Disposed | Class A common stock (1578948) | Direct | |
| 2018-05-30 | Common Unit | $ | D | 7138339 | Disposed | Class A common stock (7138339) | Indirect |
Footnotes
F1: Each share of Class B common stock, together with a Common Unit of Baker Hughes, a GE company, LLC ("BHGE LLC") (collectively, a "Paired Interest"), is exchangeable for a share of Class A common stock. In connection with the Issuer's previously announced open market repurchase program, the Issuer has purchased for cash the Paired Interests reported as disposed of on this Form 4 and the price paid for each such Paired Interest was equal to $35.90 for each Paired Interest.
F2: The Reporting Person holds these securities through wholly-owned subsidiaries.
F3: The Paired Interests were acquired by the Reporting Person in connection with the transactions described in the prospectus filed by the Issuer on May 30, 2017 pursuant to Rule 424(b)(3).