Matthew Joseph Potvin - 22 Aug 2024 Form 4 Insider Report for GE Vernova Inc. (GEV)

Role
Chief Accounting Officer
Signature
Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Issuer symbol
GEV
Transactions as of
22 Aug 2024
Net transactions value
-$84,884
Form type
4
Filing time
26 Aug 2024, 20:49:21 UTC
Previous filing
05 Jun 2024
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEV Common stock, par value $0.01 per share Options Exercise $70,488 +534 +116% $132.00 996 22 Aug 2024 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability $84,884 -460 -46% $184.53 536 22 Aug 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 GEV Employee Stock Option (right to buy) Options Exercise $70,488 -534 -100% $132.00 0 22 Aug 2024 Common stock, par value $0.01 per share 534 $132.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested in three equal installements on September 5, 2017, 2018 and 2019.
F2 The options exercise is executed in anticipation of the September 5, 2024 expiration date on a net settlement basis.