Home/Filings/4/0000950142-24-000981
4//SEC Filing

Zingoni Maria Victoria 4

Accession 0000950142-24-000981

CIK 0001996810other

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 9:52 PM ET

Size

11.7 KB

Accession

0000950142-24-000981

Insider Transaction Report

Form 4
Period: 2024-04-02
Zingoni Maria Victoria
Chief Executive Officer, Power
Transactions
  • Award

    Restricted Stock Units

    2024-04-02+13,49313,493 total
    Common stock, par value $0.01 per share (13,493 underlying)
  • Award

    Restricted Stock Units

    2024-04-02+53,91053,910 total
    Common stock, par value $0.01 per share (53,910 underlying)
  • Award

    Restricted Stock Units

    2024-04-02+18,19018,190 total
    Common stock, par value $0.01 per share (18,190 underlying)
Footnotes (5)
  • [F1]Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
  • [F2]Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off (as defined below). Such equity incentive awards were previously granted by General Electric Company ("GE") to the reporting person, of which 50% will vest on February 9, 2025 and 50% will vest on February 9, 2026.
  • [F3]The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova by GE to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9.
  • [F4]Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, of which 50% will vest on March 1, 2025 and 50% will vest on March 1, 2026.
  • [F5]Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain performance-based equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, which will vest in full on March 1, 2026. The performance criteria for these equity incentive awards have been certified in connection with the Spin-Off by GE's Management Development & Compensation Committee.

Issuer

GE Vernova Inc.

CIK 0001996810

Entity typeother

Related Parties

1
  • filerCIK 0002002955

Filing Metadata

Form type
4
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 9:52 PM ET
Size
11.7 KB