Paula Rosput Reynolds - 02 Apr 2024 Form 4 Insider Report for GE Vernova Inc. (GEV)

Role
Director
Signature
/s/ Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Issuer symbol
GEV
Transactions as of
02 Apr 2024
Net transactions value
$0
Form type
4
Filing time
04 Apr 2024, 21:45:20 UTC
Previous filing
01 Apr 2024
Next filing
20 May 2024
SEC
View on sec.gov

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 Award +1,390 1,390 02 Apr 2024 Direct F1
transaction GEV Common stock, par value $0.01 per share Award +106 106 02 Apr 2024 By Spouse F1
transaction GEV Common stock, par value $0.01 per share Award +28 28 02 Apr 2024 By Spouse's Roth IRA 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 GEV Deferred Fee Phantom Stock Units Award +3,469 3,469 02 Apr 2024 Common stock, par value $0.01 per share 3,469 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova Inc. ("GE Vernova") by General Electric Company ("GE") to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9.
F2 Each unit of phantom stock is the economic equivalent of one share of GE Vernova common stock.
F3 Represents an award of phantom stock with respect to common stock of GE Vernova that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person in connection with service as a director of GE. Each award is payable beginning one year after termination of service as a director of the reporting person. This transaction is voluntarily reported notwithstanding the exemption provided by Rule 16a-9.