Michael J. Holston - May 22, 2023 Form 4 Insider Report for GENERAL ELECTRIC CO (GE)

Role
Senior Vice President
Signature
/s/ Brandon Smith, attorney in fact for Michael J. Holston
Stock symbol
GE
Transactions as of
May 22, 2023
Transactions value $
-$6,102,007
Form type
4
Date filed
5/24/2023, 05:35 PM
Previous filing
Apr 11, 2023
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GE Common Stock Options Exercise $0 +35.6K +60.42% $0.00 94.4K May 22, 2023 Direct
transaction GE Common Stock Options Exercise $0 +34.4K +36.43% $0.00 129K May 22, 2023 Direct
transaction GE Common Stock Sale -$6.1M -58.3K -45.25% $104.68 70.5K May 22, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GE Employee Stock Option (right to buy) Options Exercise $0 -35.6K -100% $0.00* 0 May 22, 2023 Common Stock 35.6K $66.59 Direct F2
transaction GE Employee Stock Option (right to buy) Options Exercise $0 -34.4K -100% $0.00* 0 May 22, 2023 Common Stock 34.4K $73.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The Employee Stock Option became exercisable in two equal installments, each on the second and third anniversary of the grant date