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

Role
Chairman, President and CEO, Director
Signature
/s/ Fernando Contreras, Attorney-in-fact
Issuer symbol
BKR
Transactions as of
24 Jan 2024
Net transactions value
-$1,080,444
Form type
4
Filing time
26 Jan 2024, 17:06:45 UTC
Previous filing
10 Aug 2023
Next filing
31 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock Options Exercise +50,856 +11% 518,294 24 Jan 2024 Direct F1
transaction BKR Class A Common Stock Tax liability $454,325 -15,124 -2.9% $30.04 503,170 24 Jan 2024 Direct
transaction BKR Class A Common Stock Options Exercise +52,512 +10% 555,682 25 Jan 2024 Direct F1
transaction BKR Class A Common Stock Tax liability $626,119 -20,664 -3.7% $30.30 535,018 25 Jan 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 -50,856 -33% $0.000000 101,714 24 Jan 2024 Class A Common Stock 50,856 Direct F1, F2
transaction BKR Restricted Stock Unit 01_22 Options Exercise $0 -52,512 -50% $0.000000 52,512 25 Jan 2024 Class A Common Stock 52,512 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.