SEC Form 4 · accession 0001127602-15-017453
BAKER HUGHES a GE Co LLC · BHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Claire W Gargalli
Director
Period of report
May 14, 2015
Accepted (ET)
May 15, 2015 · 2:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000808362
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 Par ValueF1 | May 14, 2015 | M | 3,000 | $0.00 | A | 27,208 | 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 UnitsF3,F2 | — | May 14, 2015 | M | 3,000 | D | Jan 22, 2016 | Jan 22, 2016 | Common Stock, $1.00 Par Value | 3,000 | 0 | D |
Explanation of responses
- F1Included in the total shares owned are 49.802 shares received through the Company's Dividend Reinvestment Plan. Acquisiton of such shares are exempt from reporting.
- F2Each restricted stock unit represents a contingent right to receive without payment one share of Baker Hughes common stock.
- F3According to the terms of the Director Restricted Stock Unit (RSU) Award Agreement granted pursuant to the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan, the RSU's forfeiture restrictions shall lapse on the earlier of the first anniversary Date of the Award (1/22/2016), and the date of the annual meeting of the stockholders of the Company next following the date of the director's 72nd birthday, provided his/her service on the Board has not terminated prior to such date of the annual meeting.