4//SEC Filing
BAKER HUGHES a GE Co LLC 4
Accession 0001127602-17-022536
CIK 0000808362operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 3:56 PM ET
Size
24.7 KB
Accession
0001127602-17-022536
Insider Transaction Report
Form 4
Kuppuswamy Murali
Vice President
Transactions
- Disposition to Issuer
Common Stock, $1.00 Par Value
2017-07-03−6,510.445→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-03−4,378→ 0 totalExercise: $72.70Exp: 2024-07-14→ Common Stock, $1.00 Par Value (4,378 underlying) - Disposition to Issuer
Restricted Stock Units
2017-07-03−10,700→ 0 total→ Common Stock, $1.00 Par Value (10,700 underlying) - Disposition to Issuer
Restricted Stock Units
2017-07-03−9,174→ 0 total→ Common Stock, $1.00 Par Value (9,174 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-03−2,508→ 0 totalExercise: $45.21Exp: 2023-01-24→ Common Stock, $1.00 Par Value (2,508 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-03−2,375→ 0 totalExercise: $47.75Exp: 2023-07-24→ Common Stock, $1.00 Par Value (2,375 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-03−3,739→ 0 totalExercise: $56.73Exp: 2024-01-22→ Common Stock, $1.00 Par Value (3,739 underlying) - Disposition to Issuer
Restricted Stock Units
2017-07-03−3,202→ 0 total→ Common Stock, $1.00 Par Value (3,202 underlying) - Award
Common Stock, $1.00 Par Value
2017-06-19$47.87/sh+104.445$5,000→ 6,510.445 total - Disposition to Issuer
Restricted Stock Units
2017-07-03−11,845→ 0 total→ Common Stock, $1.00 Par Value (11,845 underlying)
Footnotes (4)
- [F1]Acquisition under Employee Stock Purchase Plan exempt from Section 16 of the Securities Exchange Act of 1934 by Rule 16b-3.
- [F2]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, as amended (the "Transaction Agreement"), among the Issuer, General Electric Company, and certain subsidiaries of the Issuer, 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").
- [F3]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.
- [F4]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).
Documents
Issuer
BAKER HUGHES a GE Co LLC
CIK 0000808362
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000808362
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 3:56 PM ET
- Size
- 24.7 KB