SEC Form 4 · accession 0001127602-15-018531
BAKER HUGHES a GE Co LLC · BHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario Ruscev
Officer — Vice President
Period of report
May 22, 2015
Accepted (ET)
May 26, 2015 · 3:24 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 Value | May 22, 2015 | M | 14,526 | $45.21 | A | 38,104 | D | |
| Common Stock, $1.00 Par ValueF1 | May 22, 2015 | S | 14,526 | $65.7344 | D | 23,578 | D | |
| Common Stock, $1.00 Par Value | May 22, 2015 | M | 6,879 | $47.75 | A | 30,457 | D | |
| Common Stock, $1.00 Par ValueF2 | May 22, 2015 | S | 6,879 | $65.7327 | D | 23,578 | D | |
| Common Stock, $1.00 Par Value | May 22, 2015 | M | 5,889 | $56.73 | A | 29,467 | D | |
| Common Stock, $1.00 Par ValueF3 | May 22, 2015 | S | 5,889 | $65.8269 | D | 23,578 | 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)F4 | $45.21 | May 22, 2015 | M | 14,526 | D | — | Jan 24, 2023 | Common Stock, $1.00 Par Value | 14,526 | 7,263 | D |
| Stock Option (Right to Buy)F4 | $47.75 | May 22, 2015 | M | 6,879 | D | — | Jul 24, 2023 | Common Stock, $1.00 Par Value | 6,879 | 13,759 | D |
| Stock Option (Right to Buy)F4 | $56.73 | May 22, 2015 | M | 5,889 | D | — | Jan 22, 2024 | Common Stock, $1.00 Par Value | 5,889 | 11,779 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.12 - $65.98, inclusive. The reporting person undertakes to provide Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, 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 set forth in this footnote.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.55 - $65.85, inclusive. The reporting person undertakes to provide Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, 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 set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.61 - $66.04, inclusive. The reporting person undertakes to provide Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, 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 set forth in this footnote.
- F4The option vested/vests in three equal annual installments beginning one year from date of grant.