Edward P. Garden - 01 Jul 2021 Form 4 Insider Report for GENERAL ELECTRIC CO (GE)

Role: Director
Signature: Stacey L. Sayetta, Attorney-In-Fact for Edward P. Garden
Issuer symbol: GE
Transactions as of: 01 Jul 2021
Net transactions value: +$44,984
Form type: 4
Filing time: 01 Jul 2021, 16:39:44 UTC
Previous filing: 18 May 2021
Next filing: 23 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GE	Common stock, par value $0.06 per share						32,131,316	01 Jul 2021	Please see explanation below	F1, F2

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	GE	Deferred Fee Phantom Stock Units	Award	$44,984	+3,357	+5%	$13.40	70,156	01 Jul 2021	Common Stock	3,357		Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Trian Fund Management, L.P. ("Trian Management") serves as the management company for Trian SPV (Sub) X, L.P. ("Trian SPV X") and as such determines the investment and voting decisions of Trian SPV X with respect to the shares of the Issuer held by Trian SPV X. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by and on behalf of Trian SPV X. Accordingly, Mr. Garden and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by Trian SPV X.
F2	(FN 1, contd.) The Reporting Persons disclaim beneficial ownership of such shares except to the extent of its respective pecuniary interests therein and this report shall not be deemed an admission that the Reporting Persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Mr. Garden is a director of the Issuer.
F3	Acquired at a price of $13.40 per unit pursuant to the terms of the 2007 Long-Term Incentive Plan. Payable beginning one year after termination of service as a director.
F4	Each unit of phantom stock is the economic equivalent of one share of common stock.
F5	Payable beginning one year after termination of service as a director.