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 | +284 | 284 | Apr 2, 2024 | Common stock, par value $0.01 per share | 284 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each unit of phantom stock is the economic equivalent of one share of GE Vernova Inc. ("GE Vernova") common stock. |
F2 | 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 (as defined below). Such equity incentive awards were previously granted by General Electric Company ("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. |
F3 | The transaction reported herein is the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova by GE to holders of GE common stock on a pro rata basis (the "Spin-Off"). This transaction is voluntarily reported notwithstanding the exemption provided by Rule 16a-9. |