GENERAL ELECTRIC CO — Director's Dealing 2003

Sep 22, 2003

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GENERAL ELECTRIC CO (GE)
CIK: 0000040545
Period of Report: 2003-09-12

Reporting Person: BECCALLI FERDINANDO (Senior Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23290	Direct
Common Stock	27223	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units	$		Common Stock (2490)		Direct
Restricted Stock Units	$		Common Stock (75000)		Direct
Employee Stock Options (right to buy)	$10.65	2005-09-15	Common Stock (54000)		Direct
Employee Stock Options (right to buy)	$14.73	2006-09-13	Common Stock (54000)		Direct
Employee Stock Options (right to buy)	$22.08	2007-09-12	Common Stock (54000)		Direct
Employee Stock Options (right to buy)	$26.42	2008-09-11	Common Stock (54000)		Direct
Employee Stock Options (right to buy)	$39.73	2009-09-10	Common Stock (54000)		Direct
Employee Stock Options (right to buy)	$57.31	2010-09-22	Common Stock (41000)		Direct
Employee Stock Options (right to buy)	$43.75	2011-07-26	Common Stock (60000)		Direct
Employee Stock Options (right to buy)	$35.48	2011-09-26	Common Stock (30000)		Direct
Employee Stock Options (right to buy)	$27.05	2012-09-13	Common Stock (80000)		Direct

Footnotes

F1: Reallocable to other investment media. Payable after termination of employment.

F2: 1-for-1

F3: 33,750 units granted 6/27/1997; 22,500 units granted 7/29/1999; 18,750 units granted 7/27/2000. Vesting schedule:25% on third anniversary; 25% on seventh anniversary; balance at age 65.

F4: The options become exercisable in two equal installments of 50% each, with 50% on "Date Exercisable" shown to the right, and another 50% two years thereafter.

F5: The options become exercisable in five equal annual installments of 20% each beginning on "Date Exercisable" shown to the right.