GENERAL ELECTRIC CO — Director's Dealing 2019

Sep 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Baker Hughes a GE Co (BHGE)
CIK: 0001701605
Period of Report: 2019-09-16

Reporting Person: GENERAL ELECTRIC CO (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-16	Class B Common Stock	M	23369778	—	Disposed	0	Direct
2019-09-16	Class A Common Stock	M	23369778	—	Acquired	23369778	Direct
2019-09-16	Class A Common Stock	S	23369778	$21.07	Disposed	0	Direct
2019-09-16	Class B Common Stock	M	108880222	—	Disposed	389293095	Indirect
2019-09-16	Class A Common Stock	M	108880222	—	Acquired	108880222	Indirect
2019-09-16	Class A Common Stock	S	108880222	$21.07	Disposed	0	Indirect
2019-09-16	Class B Common Stock	D	11865211	—	Disposed	377427884	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-16	Common Unit	$	M	23369778	Disposed		Class A Common Stock (23369778)	Direct
2019-09-16	Common Unit	$	M	108880222	Disposed		Class A Common Stock (108880222)	Indirect
2019-09-16	Common Unit	$	D	11865211	Disposed		Class A Common Stock (11865211)	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. On September 16, 2019, GE and certain wholly-owned subsidiaries completed the sale of 132,250,000 shares of Class A Common Stock (after the exchange of an equal number of Paired Interests into Class A Common Stock) in connection with a previously announced underwritten registered secondary offering of the Issuer's Class A Common Stock.

F2: In connection with the previously announced repurchase agreement between the Reporting Person, BHGE LLC, and the Issuer, the Issuer has purchased for cash the Paired Interests reported as disposed of on these lines of this Form 4 and the price paid for each such Paired Interest was equal to $21.07 for each Paired Interest.

F3: The Reporting Person holds these securities through wholly-owned subsidiaries.

F4: 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).