BAKER HUGHES INC 4
4 · BAKER HUGHES INC · Filed May 25, 2016
Insider Transaction Report
Form 4
STEWART JAMES W
Director
Transactions
- Exercise/Conversion
Common Stock, $1.00 Par Value
2016-05-24+4,286→ 261,435 total - Exercise/Conversion
Restricted Stock Units
2016-05-24−4,286→ 0 total→ Common Stock, $1.00 Par Value (4,286 underlying)
Holdings
- 54,368(indirect: By B&A Group, LP)
Common Stock, $1.00 Par Value
- 14,216(indirect: By Trust)
Common Stock, $1.00 Par Value
Footnotes (2)
- [F1]Each restricted stock unit represents a right to receive without payment one share of Baker Hughes common stock.
- [F2]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), and 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.