CASTELL SIR WILLIAM MARTIN 5
5 · GENERAL ELECTRIC CO · Filed Jan 19, 2005
Insider Transaction Report
Form 5
CASTELL SIR WILLIAM MARTIN
Director
Transactions
- Other
Common Stock
2004-10-05+1,213→ 1,213 total
Footnotes (1)
- [F1]The reporting person was a participant in an Amersham Save As You Earn share plan, pursuant to which participants would deposit funds into the plan for a term of years, with the right to purchase shares of Amersham stock at a fixed price or to withdraw their cash from the plan at the end of the term. As a result of the acquisition of Amersham by GE in April 2004, plan participants were given up to six months after the completion of the acquisition to determine whether to exercise their right to purchase shares of Amersham at a fixed price, which would, in turn, be immediately exchanged for shares of GE stock or to withdraw their cash funds. In October 2004, the reporting person exercised his right to use the ?8296.30 in his plan account to purchase shares of Amersham stock at ?3.30 per share. He received 2,511 shares of Amersham stock which were exchanged for 1,213 shares of GE common stock based on the Amersham merger exchange ratio of 0.4833.