InsiderTrades

Form 4 for GEV GE Vernova

Accepted 2024-04-04 00:00:00 ET · period of report 2024-04-02 · accession 0000950142-24-000977 · 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
D 2024-04-04 2024-04-02 GEV Potvin Matthew Joseph CAO A - Grant — +462 462 New —
DM 2024-04-04 2024-04-02 GEV Potvin Matthew Joseph CAO A - Grant — +9,596 2,966 New —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common stock, par value $0.01 per share 2024-04-02 A A 462 — 462 D — — (F1) The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9.
2 Derivative Restricted Stock Units 2024-04-02 A A 2,527 — 2,527 D — · — to — 2,527 Common stock, par value $0.01 per share (F1) The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9. (F3) Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova common stock. (F6) Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain performance-based equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, which will vest in full on March 1, 2026. The performance criteria for these equity incentive awards have been certified in connection with the Spin-Off by GE's Management Development & Compensation Committee.
3 Derivative Restricted Stock Units 2024-04-02 A A 1,875 — 1,875 D — · — to — 1,875 Common stock, par value $0.01 per share (F1) The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9. (F3) Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova common stock. (F5) Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, of which 50% will vest on March 1, 2025 and 50% will vest on March 1, 2026.
4 Derivative Restricted Stock Units 2024-04-02 A A 982 — 982 D — · — to — 982 Common stock, par value $0.01 per share (F1) The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9. (F3) Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova common stock. (F4) Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, which will vest on March 1, 2025.
5 Derivative Employee Stock Option (right to buy) 2024-04-02 A A 534 — 534 D $132.00 · — to 2024-09-05 534 Common stock, par value $0.01 per share (F1) The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9. (F2) Represents an award of an employee stock option with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, which are fully exercisable.
6 Derivative Employee Stock Option (right to buy) 2024-04-02 A A 712 — 712 D $126.21 · — to 2025-09-11 712 Common stock, par value $0.01 per share (F1) The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9. (F2) Represents an award of an employee stock option with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, which are fully exercisable.
7 Derivative Employee Stock Option (right to buy) 2024-04-02 A A 2,966 — 2,966 D $149.78 · — to 2026-09-30 2,966 Common stock, par value $0.01 per share (F1) The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9. (F2) Represents an award of an employee stock option with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, which are fully exercisable.