General Electric Co - Apr 2, 2024 Form 4 Insider Report for GE Vernova Inc. (GEV)

Signature
/s/ Brandon Smith, Vice President, Chief Corporate, Securities & Finance Counsel
Stock symbol
GEV
Transactions as of
Apr 2, 2024
Transactions value $
$0
Form type
4
Date filed
4/4/2024, 04:05 PM
Previous filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEV Common stock, par value $0.01 per share Other -274M -100% 0 Apr 2, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

General Electric Co is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On March 8, 2024, General Electric Company, a New York corporation ("GE"), reported that it owned 100 shares, par value $0.01 per share, of GE Vernova LLC, which at the time constituted all of the issued and outstanding limited liability company units of GE Vernova LLC. On April 1, 2024, GE Vernova LLC converted from a limited liability company to a corporation and changed its name to GE Vernova Inc. In connection therewith, the outstanding shares of GE Vernova Inc. changed to 274,085,523 shares of common stock, par value $0.01 per share.
F2 The record date for the distribution by GE of all of the shares of common stock of GE Vernova Inc. to the holders of GE common shares was March 19, 2024 (the "Spin-Off"). The Spin-Off occurred before the market open on April 2, 2024.