General Electric Company Director/PDMR Shareholding (5959A)

TIDMGEC

RNS Number : 5959A

General Electric Company

25 May 2023

4

SEC Form 4

 
                  FORM 4                    UNITED STATES SECURITIES AND EXCHANGE              OMB APPROVAL 
                                                          COMMISSION                  OMB Number:           3235-0287 
                                                    Washington, D.C. 20549             Estimated average burden 
                                                                                       hours per response:         0.5 
                                              STATEMENT OF CHANGES IN BENEFICIAL 
                                                          OWNERSHIP 
 
                                            Filed pursuant to Section 16(a) of the 
                                               Securities Exchange Act of 1934 
                                              or Section 30(h) of the Investment 
                                                     Company Act of 1940 
    Check this box if no longer subject 
    to Section 16. Form 4 or Form 5 
    obligations may continue. 
    See Instruction 1(b). 
 
 
 
   1. Name and Address of      2. Issuer Name     5. Relationship of Reporting Person(s) to Issuer 
      Reporting Person         and Ticker or       (Check all applicable)   Director                      10% Owner 
    (*)Holston Michael J       Trading Symbol      X  Officer (give title below)    Other (specify below) 
                               GENERAL ELECTRIC                    Senior Vice President 
  (Last)  (First)  (Middle)    CO [ GE ] 
 
  GENERAL ELECTRIC COMPANY 
 ONE FINANCIAL CENTER, SUITE 
             3700 
 
 (Street)BOSTON   MA   02111 
 
   (City)  (State)  (Zip) 
                               3. Date of 
                               Earliest 
                               Transaction 
                               (Month/Day/Year) 
                               05/22/2023 
                               4. If Amendment,   6. Individual or Joint/Group Filing (Check Applicable Line)X  Form filed by One Reporting Person 
                               Date of Original       Form filed by More than One Reporting Person 
                               Filed 
                               (Month/Day/Year) 
                               Rule 10b5-1(c) Transaction Indication 
 
                                   Check this box to indicate that a transaction was made pursuant to a contract, 
                                   instruction 
                                   or written plan that is intended to satisfy the affirmative defense conditions of 
                                   Rule 10b5-1(c). 
                                   See Instruction 10. 
 
 
                                 Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 
 1. Title    2. Transaction      2A. Deemed          3. Transaction     4. Securities Acquired (A)    5. Amount of     6.          7. Nature of 
 of          Date                Execution Date,     Code (Instr. 8)    or Disposed Of (D) (Instr.    Securities       Ownership   Indirect 
 Security    (Month/Day/Year)    if any                                 3, 4 and 5)                   Beneficially     Form:       Beneficial 
 (Instr.                         (Month/Day/Year)                                                     Owned            Direct      Ownership 
 3)                                                                                                   Following        (D) or      (Instr. 4) 
                                                                                                      Reported         Indirect 
                                                                                                      Transaction(s)   (I) 
                                                                                                      (Instr. 3 and    (Instr. 
                                                                                                      4)               4) 
                                                     Code    V          Amount   (A)   Price 
                                                                                 or 
                                                                                 (D) 
 Common 
  Stock                   05/22/2023                         M           35,566    A        $ 0            94,427           D 
 Common 
  Stock                   05/22/2023                         M           34,402    A        $ 0           128,829           D 
 Common 
  Stock                   05/22/2023                         S           58,292    D    $ 104.68 (1)       70,537           D 
 
 
                                                                     Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned 
                                                                             (e.g., puts, calls, warrants, options, convertible securities) 
 1. Title of       2.           3. Transaction     3A. Deemed         4. Transaction   5. Number of       6. Date Exercisable and          7. Title and Amount   8. Price     9. Number of     10.         11. Nature 
 Derivative        Conversion   Date               Execution Date,    Code (Instr.     Derivative         Expiration Date                  of Securities         of           derivative       Ownership   of Indirect 
 Security          or           (Month/Day/Year)   if any             8)               Securities         (Month/Day/Year)                 Underlying            Derivative   Securities       Form:       Beneficial 
 (Instr. 3)        Exercise                        (Month/Day/Year)                    Acquired (A) or                                     Derivative Security   Security     Beneficially     Direct      Ownership 
                   Price of                                                            Disposed of (D)                                     (Instr. 3 and 4)      (Instr. 5)   Owned            (D) or      (Instr. 4) 
                   Derivative                                                          (Instr. 3, 4 and                                                                       Following        Indirect 
                   Security                                                            5)                                                                                     Reported         (I) 
                                                                                                                                                                              Transaction(s)   (Instr. 
                                                                                                                                                                              (Instr.          4) 
                                                                                                                                                                              4) 
                                                                                                                                                    Amount or 
                                                                                                          Date                                      Number of 
                                                                      Code   V         (A)   (D)          Exercisable   Expiration Date    Title    Shares 
 Employee Stock 
  Option (right                                                                                                                            Common 
  to buy)           $ 66.59        05/22/2023                          M                       35,566         (2)          03/19/2029      Stock      35,566        $ 0             0              D 
 Employee Stock 
  Option (right                                                                                                                            Common 
  to buy)           $ 73.25        05/22/2023                          M                       34,402         (2)          03/02/2030      Stock      34,402        $ 0             0              D 
 
 
Explanation of Responses: 
1. The price reported is a weighted average price. These shares were purchased in multiple 
 transactions ranging from $104.18 to $104.97, inclusive, in order to cover the option exercise 
 price and relevant taxes. The Reporting Person undertakes to provide to the Company, any security 
 holder of the Company, or the staff of the Securities and Exchange Commission, upon request, 
 full information regarding the number of shares purchased at each separate price within the 
 range. 
2. The Employee Stock Option became exercisable in two equal installments, each on the second 
 and third anniversary of the grant date 
Remarks: 
 
 
 
  /s/ Brandon Smith, attorney in fact for Michael J. Holston                               05/24/2023 
  ** Signature of Reporting Person                                                         Date 
Reminder: Report on a separate line for each class of securities beneficially owned directly 
 or indirectly. 
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). 
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations 
 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). 
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, 
 see Instruction 6 for procedure. 
Persons who respond to the collection of information contained in this form are not required 
 to respond unless the form displays a currently valid OMB Number. 
 

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May 25, 2023 02:00 ET (06:00 GMT)