Form 4 for GEV GE Vernova
Accepted 2024-04-04 00:00:00 ET · period of report 2024-04-02 · accession 0000950142-24-000979 · 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 | 2024-04-04 | 2024-04-02 | GEV | Strazik Scott | CEO, Dir | A - Grant | — | +3,694 | 1,306 | New | — |
| D | 2024-04-04 | 2024-04-02 | GEV | Strazik Scott | CEO, Dir | A - Grant | — | +28.0K | 28.0K | New | — |
| DM | 2024-04-04 | 2024-04-02 | GEV | Strazik Scott | CEO, Dir | A - Grant | — | +447.4K | 22.7K | New | — |
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 | Common stock, par value $0.01 per share | 2024-04-02 | A | A | 2,388 | — | 2,388 | I By spouse's 401(k) | — | — | (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 | Common | Common stock, par value $0.01 per share | 2024-04-02 | A | A | 1,306 | — | 1,306 | I | — | — | (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. |
| 3 | Common | Common stock, par value $0.01 per share | 2024-04-02 | A | A | 27,999 | — | 27,999 | D By 401(k) | — | — | (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. |
| 4 | Derivative | Restricted Stock Units | 2024-04-02 | A | A | 67,270 | — | 67,270 | D | — · — to — | 67,270 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. (F5) Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova common stock. (F9) 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. |
| 5 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 68,478 | — | 68,478 | D | $60.73 · — to 2032-03-01 | 68,478 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) 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, of which 50% are exercisable and 50% will become exercisable on March 1, 2025. |
| 6 | Derivative | Restricted Stock Units | 2024-04-02 | A | A | 7,845 | — | 7,845 | D | — · — to — | 7,845 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. (F5) Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova common stock. (F7) 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. |
| 7 | Derivative | Restricted Stock Units | 2024-04-02 | A | A | 73,337 | — | 73,337 | D | — · — to — | 73,337 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. (F5) 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 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 September 3, 2024. |
| 8 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 66,558 | — | 66,558 | D | $67.75 · — to 2033-03-01 | 66,558 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. (F4) 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, of which 50% will become exercisable on March 1, 2025 and 50% will become exercisable on March 1, 2026. |
| 9 | Derivative | Restricted Stock Units | 2024-04-02 | A | A | 17,991 | — | 17,991 | D | — · — to — | 17,991 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. (F5) Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova common stock. (F8) 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. |
| 10 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 14,832 | — | 14,832 | D | $132.00 · — to 2024-09-05 | 14,832 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. |
| 11 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 17,798 | — | 17,798 | D | $126.21 · — to 2025-09-11 | 17,798 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. |
| 12 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 21,754 | — | 21,754 | D | $149.78 · — to 2026-09-30 | 21,754 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. |
| 13 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 44,119 | — | 44,119 | D | $68.98 · — to 2031-03-01 | 44,119 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. |
| 14 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 24,719 | — | 24,719 | D | $82.34 · — to 2028-01-29 | 24,719 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. |
| 15 | Derivative | Employee Stock Option (right to buy) | 2024-04-02 | A | A | 22,742 | — | 22,742 | D | $92.13 · — to 2027-11-17 | 22,742 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. |