4//SEC Filing
GARDEN EDWARD P 4
Accession 0001209191-23-022889
CIK 0000040545other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 5:53 PM ET
Size
9.2 KB
Accession
0001209191-23-022889
Insider Transaction Report
Form 4
Trian Fund Management, L.P.
Director
Transactions
- Award
Deferred Fee Phantom Stock Units
2023-03-31$91.00/sh+495$45,045→ 12,584 total→ Common Stock (495 underlying)
Holdings
- 4,016,414(indirect: Please see explanation below)
Common Stock, par value $0.01 per share
GARDEN EDWARD P
Director
Transactions
- Award
Deferred Fee Phantom Stock Units
2023-03-31$91.00/sh+495$45,045→ 12,584 total→ Common Stock (495 underlying)
Holdings
- 4,016,414(indirect: Please see explanation below)
Common Stock, par value $0.01 per share
Footnotes (5)
- [F1]Trian Fund Management, L.P. ("Trian Management") serves as the management company for Trian SPV (Sub) X, L.P. ("Trian SPV X") and as such determines the investment and voting decisions of Trian SPV X with respect to the shares of the Issuer held by Trian SPV X. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by and on behalf of Trian SPV X. Accordingly, Mr. Garden and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by Trian SPV X.
- [F2](FN 1, contd.) The Reporting Persons disclaim beneficial ownership of such shares except to the extent of its respective pecuniary interests therein and this report shall not be deemed an admission that the Reporting Persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Mr. Garden is a director of the Issuer.
- [F3]Acquired at a price of $91.00 per unit pursuant to the terms of the 2022 Long-Term Incentive Plan.
- [F4]Each unit of phantom stock is the economic equivalent of one share of common stock.
- [F5]Payable beginning one year after termination of service as a director.
Documents
Issuer
GENERAL ELECTRIC CO
CIK 0000040545
Entity typeother
Related Parties
1- filerCIK 0001257864
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 5:53 PM ET
- Size
- 9.2 KB