Lorenzo Simonelli - Jan 24, 2024 Form 4 Insider Report for Baker Hughes Co (BKR)

Role
Chairman, President and CEO, Director
Signature
/s/ Fernando Contreras, Attorney-in-fact
Stock symbol
BKR
Transactions as of
Jan 24, 2024
Transactions value $
-$1,080,444
Form type
4
Date filed
1/26/2024, 05:06 PM
Previous filing
Aug 10, 2023
Next filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock Options Exercise +50.9K +10.88% 518K Jan 24, 2024 Direct F1
transaction BKR Class A Common Stock Tax liability -$454K -15.1K -2.92% $30.04 503K Jan 24, 2024 Direct
transaction BKR Class A Common Stock Options Exercise +52.5K +10.44% 556K Jan 25, 2024 Direct F1
transaction BKR Class A Common Stock Tax liability -$626K -20.7K -3.72% $30.30 535K Jan 25, 2024 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_23 Options Exercise $0 -50.9K -33.33% $0.00 102K Jan 24, 2024 Class A Common Stock 50.9K Direct F1, F2
transaction BKR Restricted Stock Unit 01_22 Options Exercise $0 -52.5K -50% $0.00 52.5K Jan 25, 2024 Class A Common Stock 52.5K 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.