REG - General Elec. - Director/PDMR Shareholding
12/05/2023 14:45
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RNS Number : 3047Z General Electric Company 12 May 2023
4
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 OMB Number: 3235-0287
Estimated average burden
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP hours per response: 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person(*) 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
Strazik Scott (/cgi-bin/browse-edgar?action=getcompany&CIK=0001763642) GENERAL ELECTRIC CO
(Check all applicable)
(/cgi-bin/browse-edgar?action=getcompany&CIK=0000040545) [ GE ]
Director 10% Owner
X Officer (give title below) Other (specify below)
(Last) (First) (Middle) Senior Vice President
GENERAL ELECTRIC COMPANY
5NECCO STREET
(Street)
BOSTON MA 02210
(City) (State) (Zip)
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2023
4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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(Last) (First) (Middle)
GENERAL ELECTRIC COMPANY
5 NECCO STREET
(Street)
BOSTON MA 02210
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GENERAL ELECTRIC CO
(/cgi-bin/browse-edgar?action=getcompany&CIK=0000040545) [ GE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract,
instruction or written plan that is intended to satisfy the affirmative
defense conditions of Rule 10b5-1(c). See Instruction 10.
Check this box to indicate that a transaction was made pursuant to a contract,
instruction or written plan that is intended to satisfy the affirmative
defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially
Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
(Instr. 3 and 4)
Code V Amount (A) or (D) Price
Common Stock 05/10/2023 M 31,848 A $0 52,301 D
Common Stock 05/10/2023 M 19,902 A $0 72,203 D
Common Stock 05/10/2023 M 76,731 A $0 148,934 D
Common Stock 05/10/2023 M 29,746 A $0 178,680 D
Common Stock 05/10/2023 M 9,334 A $0 188,014 D
Common Stock 05/10/2023 M 41,908 A $0 229,922 D
Common Stock 05/10/2023 S 173,873 D $99.56((1)) 56,049 D
Common Stock 9,580 I 401(k)
Common Stock 5,239 I Spouse's 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 8. Price of Derivative Security (Instr. 5) 9. Number of derivative 10. Ownership Form: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Security (Month/Day/Year) 4 and 5) 4) Securities Beneficially Owned (Instr. 4) (Instr. 4)
Following Reported
Transaction(s) (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $88.41 05/10/2023 M 31,848 ((2)) 03/19/2028 Common Stock 31,848 $0 0 D
Employee Stock Option (right to buy) $88.41 05/10/2023 M 19,902 ((2)) 03/19/2028 Common Stock 19,902 $0 0 D
Employee Stock Option (right to buy) $46.59 05/10/2023 M 76,731 ((3)) 12/21/2028 Common Stock 76,731 $0 0 D
Employee Stock Option (right to buy) $66.59 05/10/2023 M 29,746 ((3)) 03/19/2029 Common Stock 29,746 $0 0 D
Employee Stock Option (right to buy) $59.6 05/10/2023 M 9,334 ((3)) 04/11/2029 Common Stock 9,334 $0 0 D
Employee Stock Option (right to buy) $73.25 05/10/2023 M 41,908 ((3)) 03/02/2030 Common Stock 41,908 $0 0 D
Explanation of Responses:
1. The price reported is a weighted average price. These shares were sold in
multiple transactions ranging from $99.27 to $99.85, inclusive, in order to
cover the option exercise price and relevant taxes . The Reporting Person
undertakes to provide to the Company, any security holder of the Company, or
the staff of the Securities and Exchange Commission, upon request, full
information regarding the number of shares purchased at each separate price
within the range.
2. The Employee Stock Options became exercisable in three equal installments,
each on the first, second and third anniversary of the grant date.
3. The Employee Stock Options became exercisable in two equal installments,
each on the second and third anniversary of the grant date.
Remarks:
/s/ Brandon Smith, attorney in fact for Scott Strazik 05/12/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4
(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form
are not required to respond unless the form displays a currently valid OMB
Number.
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