Matthew Joseph Potvin - Aug 22, 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
Stock symbol
GEV
Transactions as of
Aug 22, 2024
Transactions value $
-$84,884
Form type
4
Date filed
8/26/2024, 08:49 PM
Previous filing
Jun 5, 2024
Next filing
Mar 4, 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 $70.5K +534 +115.58% $132.00 996 Aug 22, 2024 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability -$84.9K -460 -46.18% $184.53 536 Aug 22, 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 -$70.5K -534 -100% $132.00 0 Aug 22, 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.