Lorenzo Simonelli - Jan 24, 2022 Form 4 Insider Report for Baker Hughes Co (BKR)

Role
Chairman, President and CEO, Director
Signature
/s/ Lee Whitley, Attorney-in-fact
Stock symbol
BKR
Transactions as of
Jan 24, 2022
Transactions value $
-$828,315
Form type
4
Date filed
1/26/2022, 06:27 PM
Previous filing
Jun 2, 2021
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock Options Exercise +91.4K +21.08% 525K Jan 24, 2022 Direct F1
transaction BKR Class A Common Stock Tax liability -$828K -30.6K -5.83% $27.07 495K Jan 24, 2022 Direct

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 01_19 Options Exercise $0 -32.6K -100% $0.00* 0 Jan 24, 2022 Class A Common Stock 32.6K Direct F1, F2
transaction BKR Restricted Stock Unit 01_20 Options Exercise $0 -58.8K -50% $0.00 58.8K Jan 24, 2022 Class A Common Stock 58.8K Direct F1, F2
transaction BKR Restricted Stock Unit 01_22 Award $0 +158K $0.00 158K Jan 25, 2022 Class A Common Stock 158K Direct F1, F2
* 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 unit vests in three equal annual installments beginning one year from the date of grant.