SEC Form 4 · accession 0001231205-19-000069
GENERAL ELECTRIC CO · GE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Stokes
Officer — Senior Vice President
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000040545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 11, 2019 | M | 52,019 | $9.20 | A | 265,986 | D | |
| Common StockF4 | Mar 11, 2019 | S | 49,904 | $9.93 | D | 216,082 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $9.20 | Mar 11, 2019 | M | 52,019 | D | Mar 12, 2010 | Mar 12, 2019 | Common Stock | 52,019 | 0 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected by a broker-dealer pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- F2Equity incentive awards were adjusted following the spin-off and merger of GE Transportation with Wabtec Corporation to reflect an anti-dilution factor.
- F3The shares were sold to cover the exercise price, tax withholding obligations, broker commissions and fees for the exercised stock options.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $9.89 to $10.00, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.