Kenneth Scott Parks - May 16, 2024 Form 4 Insider Report for GE Vernova Inc. (GEV)

Role
Chief Financial Officer
Signature
Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Stock symbol
GEV
Transactions as of
May 16, 2024
Transactions value $
$0
Form type
4
Date filed
5/20/2024, 06:01 PM
Previous filing
Apr 4, 2024
Next filing
Jun 5, 2024

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 GEV Restricted Stock Units Award $0 +7.54K $0.00 7.54K May 16, 2024 Common stock, par value $0.01 per share 7.54K Direct F1, F2
transaction GEV Employee Stock Option (right to buy) Award $0 +10.9K $0.00 10.9K May 16, 2024 Common stock, par value $0.01 per share 10.9K $166.40 Direct F3
* 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 the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
F2 Represents an award of restricted stock units with respect to GE Vernova common stock that will vest in three installments of 33% on March 1, 2025, 33% on March 1, 2026 and 34% on March 1, 2027.
F3 Represents an award of an employee stock option with respect to GE Vernova common stock, of which 33% will become exercisable on March 1, 2025, 33% will become exercisable on March 1, 2026 and 34% will become exercisable on March 1, 2027.