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Filing Details

Accession Number:: 0001209191-13-006023
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-02-04 16:46:59
Reporting Period:: 2013-01-31

Filing Date:: 2013-02-04
Accepted Time:: 2013-02-04 16:46:59
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
808362	Baker Hughes Inc	BHI	Oil & Gas Field Machinery & Equipment (3533)	760207995

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1239236	C Chad Deaton	2929 Allen Parkway Suite 2100 Houston TX 77019	Executive Chairman	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $1.00 Par Value	Disposition	2013-01-31	6,194	$44.95	270,901	No	4	F	Direct
Common Stock, $1.00 Par Value	Acquisiton	2013-01-31	37,500	$0.00	308,401	No	4	M	Direct
Common Stock, $1.00 Par Value	Disposition	2013-01-31	15,731	$44.95	292,670	No	4	F	Direct
Common Stock, $1.00 Par Value	Disposition	2013-02-01	24,289	$44.87	268,381	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, $1.00 Par Value	Restricted Stock Unit	Disposition	2013-01-31	37,500	$0.00	37,500	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
37,500			No	4	M	Direct

Footnotes

Shares withheld to pay the taxes due upon accelerated vesting of a Restricted Stock Award dated as of January 26, 2011, granted under the 2002 Director and Officer Long-Term Incentive Plan, pursuant to the terms of Mr. Deaton's Restated and Superseding Employment Agreement dated April 28, 2011. Withholding of shares to pay the taxes due upon vesting is exempt from Section 16(b) of the Securities Exchange Act of 1934 by Rule 16b-3.
Accelerated vesting of a Restricted Stock Unit dated January 1, 2012, granted under the 2002 Director and Officer Long-Term Incentive Plan, pursuant to the terms of Mr. Deaton's Restated and Superseding Employment Agreement dated April 28, 2011.
Shares withheld to pay the taxes due upon accelerated vesting of a Restricted Stock Unit dated as of January 1, 2012, granted under the 2002 Director and Officer Long-Term Incentive Plan, pursuant to the terms of Mr. Deaton's Restated and Superseding Employment Agreement dated April 28, 2011. Withholding of shares to pay the taxes due upon vesting is exempt from Section 16(b) of the Securities Exchange Act of 1934 by Rule 16b-3.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.8149 to $44.9110, inclusive. The reporting person undertakes to provide Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Each restricted stock unit represents a contingent right to receive without payment one share of Baker Hughes common stock.
On January 31, 2013, the forfeiture restrictions lapsed as to 37,500 restricted stock units and on the second anniversary of the termination of Mr. Deaton's employment with the Company and of all of its Affiliates, the forfeiture restrictions shall lapse as to an additional 37,500 restricted stock units.