John G. Rice - Dec 15, 2021 Form 4 Insider Report for Baker Hughes Co (BKR)

Role: Director
Signature: /s/ Lee Whitley, Attorney-in-fact
Stock symbol: BKR
Transactions as of: Dec 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/17/2021, 03:33 PM
Previous filing: May 18, 2021
Next filing: Mar 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKR	Class A Common Stock	Options Exercise		+12.5K	+45.07%		40.2K	Dec 15, 2021	Direct	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	BKR	Restricted Stock Unit D 5_20	Options Exercise		-12.5K	-100%		0	Dec 15, 2021	Class A Common Stock	12.5K		Direct	F1, F2
transaction	BKR	Deferred Stock Unit 21	Award		+4.7K			4.7K	Dec 15, 2021	Class A Common Stock	4.7K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.
F2	The restricted stock units vest on the first anniversary of the grant date. Pursuant to the Issuer's Director Deferral Plan, the reporting person elected to defer delivery of the shares until December 15, 2021.
F3	Each Deferred Stock Unit represents a right to receive one share of Class A common Stock of the Issuer.
F4	Pursuant to the Issuer's Director Deferral Plan, the reporting person elected to receive their 2021 retainer fees in stock and defer delivery of the shares until the date the reporting person ceases to serve as a director.