BAKER HUGHES INC 4/A

4/A · BAKER HUGHES INC · Filed Feb 11, 2016

Form 4/AAmended

Period: 2016-01-28

Director

Transactions

Exercise/Conversion
Common Stock, $1.00 Par Value
2016-01-28$40.83/sh+4,286$174,997→ 28,674.315 total
Award
Restricted Stock Units
2016-01-28+4,286→ 4,286 total
From: 2017-01-28Exp: 2017-01-28→ Common Stock, $1.00 Par Value (4,286 underlying)
Exercise/Conversion
Restricted Stock Units
2016-01-28−4,286→ 0 total
From: 2017-01-28Exp: 2017-01-28→ Common Stock, $1.00 Par Value (4,286 underlying)

Footnotes (3)

[F1]Included in the total shares owned are 180.057 shares received through the Company's Dividend Reinvestment Plan. Acquisiton of such shares are exempt from reporting.
[F2]Each restricted stock unit represents a right to receive without payment one share of Baker Hughes common stock.
[F3]According 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 (1/28/2017), or 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. Because the director had attained 73 years of age at the time of grant, the forfeiture restrictions lapsed immediately.

Documents

1 file