Filing Details

Accession Number:
0001062993-22-011309
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-02 19:55:53
Reporting Period:
2022-05-02
Accepted Time:
2022-05-02 19:55:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
40545 General Electric Co GE Electronic & Other Electrical Equipment (No Computer Equip) (3600) 140689340
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1205247 Jr Lawrence H Culp General Electric Company
5 Necco Street
Boston MA 02210
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-05-02 1,938 $72.80 148,148 No 4 P Indirect By holding company
Common Stock Acquisiton 2022-05-02 16,455 $73.60 164,603 No 4 P Indirect By holding company
Common Stock Acquisiton 2022-05-02 24,629 $74.63 189,232 No 4 P Indirect By holding company
Common Stock Acquisiton 2022-05-02 21,978 $75.26 211,210 No 4 P Indirect By holding company
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By holding company
No 4 P Indirect By holding company
No 4 P Indirect By holding company
No 4 P Indirect By holding company
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,742,878 Direct
Common Stock 1,573 Indirect By family trusts
Footnotes
  1. The price reported is a weighted average price. These shares were purchased in multiple transactions ranging from $72.69 to $72.98, 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 purchased at each separate price within the range.
  2. The price reported is a weighted average price. These shares were purchased in multiple transactions ranging from $73.01 to $73.97, 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 purchased at each separate price within the range.
  3. The price reported is a weighted average price. These shares were purchased in multiple transactions ranging from $74.03 to $74.99, 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 purchased at each separate price within the range.
  4. The price reported is a weighted average price. These shares were purchased in multiple transactions ranging from $75.00 to $75.82, 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 purchased at each separate price within the range.
  5. Represents performance shares that will vest, subject to continued employment conditions and accelerated vesting in certain circumstances, based upon the highest average closing price of the company's stock for any 30 consecutive trading days during the five-year performance period from August 18, 2020 to August 17, 2025: one-third of the performance shares will be eligible to vest upon achieving a stock price equal to 150% (the "threshold target") of the average of the closing prices of the company's stock over the period of 30 consecutive trading days up to and including the grant date (the "30-day average price"), two-thirds of the performance shares will be eligible to vest upon achieving a stock price equal to 200% of the 30-day average price and all of the performance shares will be eligible to vest upon achieving a stock price equal to 250% (the "maximum target") of the 30-day average price.
  6. No performance shares will vest below the threshold target, and the amount of performance shares that vest between the threshold target and maximum target will be determined by linear interpolation.