4//SEC Filing
GENERAL ELECTRIC CO 4
Accession 0001231205-15-000088
$GECIK 0000040545operating
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 4:12 PM ET
Size
12.0 KB
Accession
0001231205-15-000088
Insider Transaction Report
Form 4
SHERIN KEITH S
Vice Chairman
Transactions
- Other
Common Stock
2015-11-20−11,576→ 118,181 total(indirect: By Trust) - Other
Common Stock
2015-11-20−16,367→ 35,945 total(indirect: by grantor retained annuity) - Other
Common Stock
2015-11-20−1,564→ 40,929 total(indirect: by family)
Holdings
- 62,127(indirect: By Trust)
Common Stock
- 43,279(indirect: By 401(k))
Common Stock
- 10,100
Common Stock
Footnotes (3)
- [F1]General Electric Company commenced an exchange offer on October 19, 2015 to exchange General Electric Company common stock, par value $0.06 per share for Synchrony Financial common stock, par value $0.001 per share. Any holder of General Electric Company common stock during the exchange offer period could participate in the exchange offer, subject to certain restrictions in foreign jurisdictions. On November 16, 2015, General Electric Company's Board of Director's Management Development and Compensation Committee approved Mr. Sherin's tender of 93,312 shares of General Electric Company common stock pursuant to the exchange offer.
- [F2]Because the exchange offer was oversubscribed, General Electric Company accepted only a portion of the shares of General Electric Company common stock that were validly tendered and not validly withdrawn, on a pro rata basis in proportion to the number of shares tendered. Shareholders who owned less than 100 shares of General Electric Company common stock, or an "odd-lot", who validly tendered all of their shares, could elect not to be subject to proration, in accordance with the terms of the exchange offer.
- [F3]The final proration factor of 31.2870888% was established on November 20, 2015, and applied to all tendered shares of General Electric Company common stock (other than "odd-lot" tenders) to determine the number of such shares that would be accepted. As a result, 29,507 shares of Mr. Sherin's General Electric Company common stock were accepted in the exchange offer.
Documents
Issuer
GENERAL ELECTRIC CO
CIK 0000040545
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000040545
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 4:12 PM ET
- Size
- 12.0 KB