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GENERAL ELECTRIC CO — Director's Dealing 2021
Nov 4, 2021
14789_dirs_2021-11-04_2e384ba1-4e79-4ee7-8b88-fa197a46a293.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Baker Hughes Co (BKR)
CIK: 0001701605
Period of Report: 2021-11-03
Reporting Person: GENERAL ELECTRIC CO (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-03 | Class A Common Stock | S | 47380978 | $25.00 | Disposed | 0 | Indirect |
| 2021-11-03 | Class B Common Stock | M | 50097840 | — | Disposed | 116548079 | Indirect |
| 2021-11-03 | Class A Common Stock | M | 50097840 | — | Acquired | 50097840 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-03 | Common Unit | $ | M | 50097840 | Disposed | Class A Common Stock (50097840) | Indirect |
Footnotes
F1: The Reporting Person sold the shares of Class A Common Stock of the Issuer to an unaffiliated financial institution at a price based on the volume weighted average price of Class A Common Stock of the Issuer over the financial institution's hedging period undertaken pursuant to a post-paid forward transaction.
F2: The Reporting Person holds these securities through a wholly-owned subsidiary.
F3: Each share of Class B Common Stock, together with a Common Unit of Baker Hughes Holdings LLC (collectively, a "Paired Interest"), is exchangeable for a share of Class A Common Stock.
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).