Lorenzo Simonelli - Jan 29, 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 29, 2024
Transactions value $
-$764,100
Form type
4
Date filed
1/31/2024, 06:33 PM
Previous filing
Jan 26, 2024
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock Options Exercise +64.7K +12.1% 600K Jan 29, 2024 Direct F1
transaction BKR Class A Common Stock Tax liability -$764K -25.5K -4.25% $30.00 574K Jan 29, 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_21 Options Exercise $0 -64.7K -100% $0.00* 0 Jan 29, 2024 Class A Common Stock 64.7K 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 stock option vests in three equal annual installments beginning one year from the date of grant.