Uwem Ukpong - Jan 28, 2022 Form 4 Insider Report for Baker Hughes Co (BKR)

Role
EVP, Regions and Alliances
Signature
/s/ Lee Whitley, Attorney-in-fact
Stock symbol
BKR
Transactions as of
Jan 28, 2022
Transactions value $
-$444,923
Form type
4
Date filed
2/1/2022, 04:41 PM
Previous filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock Options Exercise +16.2K +34.63% 62.9K Jan 28, 2022 Direct F1
transaction BKR Class A Common Stock Tax liability -$112K -4.13K -6.55% $27.16 58.9K Jan 28, 2022 Direct F2
transaction BKR Class A Common Stock Options Exercise $1.8M +78.5K +133.21% $22.98 137K Jan 31, 2022 Direct
transaction BKR Class A Common Stock Sale -$2.14M -78.5K -57.12% $27.22 58.9K Jan 31, 2022 Direct F3

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_21 Options Exercise $0 -16.2K -33.33% $0.00 32.4K Jan 28, 2022 Class A Common Stock 16.2K Direct F1, F4
transaction BKR Stock Option (Right to Buy) Options Exercise $0 -78.5K -100% $0.00* 0 Jan 31, 2022 Class A Common Stock 78.5K $22.98 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Uwem Ukpong is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Includes 146.6993 shares purchased through the Baker Hughes Company Employee Stock Purchase Plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.57 to $27.77, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
F4 The restricted stock unit vests in three equal annual installments beginning one year from the date of grant.
F5 The stock option vests in three equal annual installments beginning one year from the date of grant.