SEC Form 4 · accession 0001701605-17-000056
Baker Hughes Co · BKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin S Craighead
Director
Period of report
Jul 3, 2017
Accepted (ET)
Jul 6, 2017 · 5:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001701605
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jul 3, 2017 | F | 90,332 | $37.25 | D | 404,964 | D | |
| Class A Common StockF2 | Jul 3, 2017 | M | 83,974 | — | A | 488,938 | D | |
| Class A Common StockF1 | Jul 3, 2017 | F | 35,228 | $37.25 | D | 453,710 | D | |
| Class A Common StockF2 | Jul 3, 2017 | M | 83,974 | — | A | 537,684 | D | |
| Class A Common StockF1 | Jul 3, 2017 | F | 35,228 | $37.25 | D | 502,456 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit 1_17AF2,F3 | — | Jul 3, 2017 | M | 83,974 | D | — | — | Class A Common Stock | 83,974 | 0 | D |
| Restricted Stock Unit 1_17BF2,F3 | — | Jul 3, 2017 | M | 83,974 | D | — | — | Class A Common Stock | 83,974 | 0 | D |
Explanation of responses
- F1Represents shares of Class A Common Stock of the Issuer withheld to satisfy tax withholding obligations arising on settlement of restricted stock units.
- F2Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.
- F3Under the terms of the award agreement, the vesting of restricted stock units granted to the Reporting Person on January 25, 2017 accelerated on termination of his employment on July 3, 2017.