Uwem Ukpong - 28 Jan 2022 Form 4 Insider Report for Baker Hughes Co (BKR)

Reporting relationship: EVP, Regions and Alliances
Issuer ticker: BKR
Reported as of: 28 Jan 2022
Net transaction value: -$444,923
SEC form: 4
Accepted by SEC: 01 Feb 2022, 16:41:27 UTC
Prior SEC filing: 26 Jan 2022
Source filing: View source filing
Reporting owner signature: /s/ Lee Whitley, Attorney-in-fact

Key filing fact

Uwem Ukpong filed Form 4 for Baker Hughes Co (BKR) on 01 Feb 2022.

Key facts

This page summarizes Uwem Ukpong's Form 4 filing for Baker Hughes Co (BKR).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 01 Feb 2022, 16:41.

Change

Previous filing in this sequence was filed on 26 Jan 2022.
Current net transaction value: -$444,923.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BKR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +16,181
Change %: +35%
Price
Shares after: 62,903
Date: 28 Jan 2022
Ownership: Direct
Footnotes: F1

BKR transaction

Class A Common Stock

Tax liability

Transaction value: $112,116
Shares: -4,128
Change %: -6.5%
Price: $27.16
Shares after: 58,922
Date: 28 Jan 2022
Ownership: Direct
Footnotes: F2

BKR transaction

Class A Common Stock

Options Exercise

Transaction value: $1,803,746
Shares: +78,492
Change %: +133%
Price: $22.98
Shares after: 137,414
Date: 31 Jan 2022
Ownership: Direct

BKR transaction

Class A Common Stock

Sale

Transaction value: $2,136,552
Shares: -78,492
Change %: -57%
Price: $27.22
Shares after: 58,922
Date: 31 Jan 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BKR transaction Derivative

Restricted Stock Unit 01_21

Options Exercise

Transaction value: $0
Shares: -16,181
Change %: -33%
Price: $0.000000
Shares after: 32,362
Date: 28 Jan 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 16,181
Exercise price
Footnotes: F1, F4

BKR transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -78,492
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 31 Jan 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 78,492
Exercise price: $22.98
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Uwem Ukpong is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.

Footnote F2

Includes 146.6993 shares purchased through the Baker Hughes Company Employee Stock Purchase Plan.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.57 to $27.77, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.

Footnote F4

The restricted stock unit vests in three equal annual installments beginning one year from the date of grant.

Footnote F5

The stock option vests in three equal annual installments beginning one year from the date of grant.