Scott Strazik - Sep 3, 2024 Form 4 Insider Report for GE Vernova Inc. (GEV)

Role
Chief Executive Officer, Director
Signature
Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Stock symbol
GEV
Transactions as of
Sep 3, 2024
Transactions value $
-$6,616,969
Form type
4
Date filed
9/5/2024, 09:26 PM
Previous filing
Aug 26, 2024

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 $0 +73.3K +242.75% $0.00 104K Sep 3, 2024 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability -$6.62M -33.9K -32.76% $195.07 69.6K Sep 3, 2024 Direct
holding GEV Common stock, par value $0.01 per share 2.38K Sep 3, 2024 By 401(k)
holding GEV Common stock, par value $0.01 per share 1.3K Sep 3, 2024 By spouse's 401(k)

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 Options Exercise $0 -73.3K -100% $0.00 0 Sep 3, 2024 Common stock, par value $0.01 per share 73.3K 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 the right to receive, at settlement, one share of GE Vernova common stock.
F2 Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of an equity incentive award in connection with the Spin-Off. Such equity incentive award was previously granted by GE to the reporting person on September 3, 2020 and vested on September 3, 2024.