- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2019-09-16 17:03:54
- Reporting Period:
- Accepted Time:
- 2019-09-16 17:03:54
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1701605||Baker Hughes A Ge Co||BHGE||Electronic & Other Electrical Equipment (No Computer Equip) (3600)||NY|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|40545||General Electric Co||41 Farnsworth Street |
Boston MA 02210
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Class B Common Stock||Disposition||2019-09-16||23,369,778||$0.00||0||No||4||M||Direct|
|Class A Common Stock||Acquisiton||2019-09-16||23,369,778||$0.00||23,369,778||No||4||M||Direct|
|Class A Common Stock||Disposition||2019-09-16||23,369,778||$21.07||0||No||4||S||Direct|
|Class B Common Stock||Disposition||2019-09-16||108,880,222||$0.00||389,293,095||No||4||M||Indirect||See footnote|
|Class A Common Stock||Acquisiton||2019-09-16||108,880,222||$0.00||108,880,222||No||4||M||Indirect||See footnote|
|Class A Common Stock||Disposition||2019-09-16||108,880,222||$21.07||0||No||4||S||Indirect||See footnote|
|Class B Common Stock||Disposition||2019-09-16||11,865,211||$0.00||377,427,884||No||4||D||Indirect||See footnote|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Class A Common Stock||Common Unit||Disposition||2019-09-16||23,369,778||$0.00||23,369,778||$0.00|
|Class A Common Stock||Common Unit||Disposition||2019-09-16||108,880,222||$0.00||108,880,222||$0.00|
|Class A Common Stock||Common Unit||Disposition||2019-09-16||11,865,211||$0.00||11,865,211||$0.00|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
- 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.
- 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.
- The Reporting Person holds these securities through wholly-owned subsidiaries.
- 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).