Form 4 for BKR Baker Hughes
Accepted 2021-11-04 00:00:00 ET · period of report 2021-11-03 · accession 0000947871-21-001139 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-11-04 | 2021-11-03 | BKR | GENERAL ELECTRIC CO | 10% | M - OptEx | — | 0 | 50.10M | New | — |
| DI | 2021-11-04 | 2021-11-03 | BKR | GENERAL ELECTRIC CO | 10% | S - Sale+OE | $25.00 | -47.38M | 0 | -100% | -$1.18B |
| DI | 2021-11-04 | 2021-11-03 | BKR | GENERAL ELECTRIC CO | 10% | M - OptEx | — | -50.10M | 116.55M | -30% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2021-11-03 | M | D | 50,097,840 | — | 116,548,079 | I See footnote | — | — | (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. (F2) The Reporting Person holds these securities through a wholly-owned subsidiary. |
| 2 | Common | Class A Common Stock | 2021-11-03 | S | D | 47,380,978 | $25.00 | 0 | I See footnote | — | — | (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. |
| 3 | Common | Class A Common Stock | 2021-11-03 | M | A | 50,097,840 | — | 50,097,840 | I See footnote | — | — | (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. (F2) The Reporting Person holds these securities through a wholly-owned subsidiary. |
| 4 | Derivative | Common Unit | 2021-11-03 | M | D | 50,097,840 | — | 116,548,079 | I See footnote | — · — to — | 50,097,840 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). (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. |