H. Lawrence Culp Jr - May 2, 2022 Form 4 Insider Report for GENERAL ELECTRIC CO (GE)

Signature
Brandon Smith on behalf of H. Lawrence Culp, Jr.
Stock symbol
GE
Transactions as of
May 2, 2022
Transactions value $
$4,844,301
Form type
4
Date filed
5/2/2022, 07:55 PM
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GE Common Stock Purchase $141K +1.94K +1.33% $72.80 148K May 2, 2022 By holding company F1
transaction GE Common Stock Purchase $1.21M +16.5K +11.11% $73.60 165K May 2, 2022 By holding company F2
transaction GE Common Stock Purchase $1.84M +24.6K +14.96% $74.63 189K May 2, 2022 By holding company F3
transaction GE Common Stock Purchase $1.65M +22K +11.61% $75.26 211K May 2, 2022 By holding company F4
holding GE Common Stock 1.74M May 2, 2022 Direct F5, F6
holding GE Common Stock 1.57K May 2, 2022 By family trusts
* 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 $72.69 to $72.98, inclusive. 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 price reported is a weighted average price. These shares were purchased in multiple transactions ranging from $73.01 to $73.97, inclusive. 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.
F3 The price reported is a weighted average price. These shares were purchased in multiple transactions ranging from $74.03 to $74.99, inclusive. 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.
F4 The price reported is a weighted average price. These shares were purchased in multiple transactions ranging from $75.00 to $75.82, inclusive. 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.
F5 Represents performance shares that will vest, subject to continued employment conditions and accelerated vesting in certain circumstances, based upon the highest average closing price of the company's stock for any 30 consecutive trading days during the five-year performance period from August 18, 2020 to August 17, 2025: one-third of the performance shares will be eligible to vest upon achieving a stock price equal to 150% (the "threshold target") of the average of the closing prices of the company's stock over the period of 30 consecutive trading days up to and including the grant date (the "30-day average price"), two-thirds of the performance shares will be eligible to vest upon achieving a stock price equal to 200% of the 30-day average price and all of the performance shares will be eligible to vest upon achieving a stock price equal to 250% (the "maximum target") of the 30-day average price.
F6 No performance shares will vest below the threshold target, and the amount of performance shares that vest between the threshold target and maximum target will be determined by linear interpolation.