SZESCILLA ANDREW J 4
4 · BAKER HUGHES INC · Filed Oct 28, 2003
Insider Transaction Report
Form 4
SZESCILLA ANDREW J
Senior Vice President and COO
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2003-10-27$21.88/sh−100$2,188→ 0 totalExercise: $21.88From: 1988-08-08Exp: 2003-10-27→ Common Stock, $1.00 par value (100 underlying) - Exercise/Conversion
Common Stock, $1.00 par value
2003-10-27$21.88/sh+100$2,188→ 52,104.15 total - Exercise/Conversion
Stock Option (right to buy)
2003-10-27$21.88/sh−4,455$97,453→ 0 totalExercise: $21.88From: 1988-08-08Exp: 2003-10-27→ Common Stock, $1.00 par value (4,455 underlying) - Exercise/Conversion
Common Stock, $1.00 par value
2003-10-27$21.88/sh+4,455$97,453→ 52,004.15 total - Tax Payment
Common Stock, $1.00 par value
2003-10-27$28.20/sh−3,533$99,631→ 48,301.15 total - Tax Payment
Common Stock, $1.00 par value
2003-10-27$28.20/sh−270$7,614→ 51,834.15 total
Footnotes (2)
- [F1]Withholding of option shares to pay the taxes due is exempt from Section 16(b) of the Securities Exchange Act of 1934 by Rule 16b-3
- [F2]Use of already owned "mature" shares for payment of the option price is exempt from Section 16 of the Securities Act of 1934 by Rules 16b-3 and 16b-6