GENERAL ELECTRIC CO — Director's Dealing 2003

Sep 17, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: CASSIDY KATHRYN A (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-12	Employee Stock Options (right to buy)	$31.53	A	24000	Acquired	2013-09-12	Common Stock (24000)	Direct
2003-09-12	Restricted Stock Units	$	A	5334	Acquired		Common Stock (5334)	Direct
2003-09-12	Restricted Stock Units	$	A	35000	Acquired		Common Stock (35000)	Direct

Footnotes

F1: The options become exercisable in five equal installments of 20% each, beginning on the first anniversary of the grant date.

F2: 1-for-1

F3: Vesting schedule: 50% on third anniversary; 50% on fifth anniversary.

F4: Vesting schedule: 25% on third anniversary; 25% on fifth anniversary; 25% on tenth anniversary and 25% at 65.