Scott Strazik - 01 Mar 2023 Form 4 Insider Report for GENERAL ELECTRIC CO (GE)

Signature
/s/ Brandon Smith, attorney in fact for Scott Strazik
Issuer symbol
GE
Transactions as of
01 Mar 2023
Transactions value $
-$212,947
Form type
4
Filing time
02 Mar 2023, 19:01:56 UTC
Previous filing
03 May 2022
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GE Common Stock Options Exercise $0 +5.15K +32.93% $0.00 20.8K 01 Mar 2023 Direct
transaction GE Common Stock Tax liability -$213K -2.52K -12.12% $84.57 18.3K 01 Mar 2023 Direct
holding GE Common Stock 9.59K 01 Mar 2023 401(k)
holding GE Common Stock 5.24K 01 Mar 2023 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 GE Restricted Stock Units Award $0 +14.5K $0.00 14.5K 01 Mar 2023 Common Stock 14.5K Direct F1, F2
transaction GE Employee Stock Option (right to buy) Award $0 +53.6K $0.00 53.6K 01 Mar 2023 Common Stock 53.6K $82.85 Direct F2
transaction GE Restricted Stock Units Options Exercise $0 -5.15K -50% $0.00 5.15K 01 Mar 2023 Common Stock 5.15K Direct F1
* 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 contingent right to receive one share of the issuer's common stock.
F2 The Restricted Stock Units vest and the Employee Stock Options become exercisable, in two equal installments of 50% each, on the second and third anniversary of the grant date.