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Filing Details

Accession Number:: 0001127602-17-022532
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-07-03 15:39:55
Reporting Period:: 2017-07-03

Filing Date:: 2017-07-03
Accepted Time:: 2017-07-03 15:39:55
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
808362	Baker Hughes A Ge Co Llc	BHI	Oil & Gas Field Machinery & Equipment (3533)	760207995

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1463291	Belgacem Chariag	17021 Aldine Westfield Road Houston TX 77073	Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $1.00 Par Value	Disposition	2013-11-12	6,200	$0.00	95,453	No	4	S	Direct
Common Stock, $1.00 Par Value	Disposition	2013-11-13	13,800	$0.00	81,653	No	4	S	Direct
Common Stock, $1.00 Par Value	Acquisiton	2017-06-19	104	$47.87	81,758	No	4	A	Direct
Common Stock, $1.00 Par Value	Disposition	2017-07-03	81,758	$0.00	0	No	4	D	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	A	Direct
No	4	D	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	12,000	$0.00	12,000	$47.28
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	11,600	$0.00	11,600	$49.17
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	9,300	$0.00	9,300	$62.32
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	7,500	$0.00	7,500	$77.00
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	22,619	$0.00	22,619	$47.44
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	18,208	$0.00	18,208	$39.30
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	25,875	$0.00	25,875	$45.21
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	24,508	$0.00	24,508	$47.75
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	23,914	$0.00	23,914	$56.73
Common Stock, $1.00 Par Value	Stock Option (Right to Buy)	Disposition	2017-07-03	18,670	$0.00	18,670	$72.70
Common Stock, $1.00 Par Value	Restricted Stock Units	Disposition	2017-07-03	17,341	$0.00	17,341	$0.00
Common Stock, $1.00 Par Value	Restricted Stock Units	Disposition	2017-07-03	49,684	$0.00	49,684	$0.00
Common Stock, $1.00 Par Value	Restricted Stock Units	Disposition	2017-07-03	44,120	$0.00	44,120	$0.00
Common Stock, $1.00 Par Value	Restricted Stock Units	Disposition	2017-07-03	26,138	$0.00	26,138	$0.00

Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2020-01-19	No	4	D	Direct
2020-07-21	No	4	D	Direct
2021-01-26	No	4	D	Direct
2021-07-19	No	4	D	Direct
2022-01-25	No	4	D	Direct
2022-07-16	No	4	D	Direct
2023-01-24	No	4	D	Direct
2023-07-24	No	4	D	Direct
2024-01-22	No	4	D	Direct
2024-07-14	No	4	D	Direct
	No	4	D	Direct
	No	4	D	Direct
	No	4	D	Direct
	No	4	D	Direct

Footnotes

Sale prices for these transactions ranged from $57.14 to $57.77.
Acquisition under Employee Stock Purchase Plan exempt from Section 16b of the Securities Exchange Act of 1934 by Rule 16b-3.
On the closing date (the "Closing Date") of the transactions contemplated by the Transaction Agreement and Plan of Merger, dated as of October 30, 2016, among General Electric Company, a New York corporation, Baker Hughes Incorporated, a Delaware corporation ("BHI"), the Issuer and certain subsidiaries of BHI, as amended by that certain Amendment to Transaction Agreement and Plan of Merger dated as of March 27, 2017 (the "Transaction Agreement"), each outstanding share of common stock of the Issuer ("BHI Common Stock"), whether restricted or unrestricted, was cancelled and converted into the right to receive (a) one share of Class A common stock of Baker Hughes, a GE Company ("BHGE Common Stock") and (b) a special one-time cash dividend of $17.50 per share of BHGE Common Stock (the "Special Dividend").
Pursuant to the Transaction Agreement, on the Closing Date, each outstanding option to purchase shares of BHI Common Stock (each, a "BHI Option"), whether or not exercisable, was cancelled and converted into a fully exercisable option to purchase an equal number of shares of BHGE Common Stock, with a per share exercise price equal to the per share exercise price of such BHI Option less $17.50 to reflect the Special Dividend, and otherwise with the same terms and conditions as applied to such BHI Option immediately prior to the Closing Date.
Prior to the Closing Date, each restricted stock unit represented a contingent right to one share of BHI Common Stock (each, a "BHI RSU"). Pursuant to the Transaction Agreement, on the Closing Date, each outstanding BHI RSU was cancelled and converted into a restricted stock unit with respect to a share of BHGE Common Stock, with the same terms and conditions as applied to such BHI RSU immediately prior to the Closing Date (including the right with respect to the Special Dividend).