Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GEHC | Common stock, par value $0.01 per share | Other | -14M | -30.02% | 32.6M | Mar 15, 2024 | Direct | F1, F2 |
General Electric Co is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | The reporting person exchanged 14,000,000 shares of the common stock of the Issuer to extinguish $1,221,780,000 aggregate principal amount of indebtedness under a short-term credit facility of the reporting person in a debt-for-equity exchange. |
F2 | The value of the Issuer's common stock for purposes of the debt-for-equity exchange was $87.27 per share. |
Following the transaction reported herein, the reporting person is no longer a 10% beneficial owner and this reflects an exit filing.