Director/PDMR Shareholding

RNS Number : 3625Q

General Electric Company

28 November 2016

 

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Joyce David Leon (Last) (First) (Middle) GENERAL ELECTRIC COMPANY 41 FARNSWORTH STREET (Street) BOSTON MA 02210 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/09/2016	3. Issuer Name and Ticker or Trading Symbol GENERAL ELECTRIC CO [ GE ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Vice Chairman	5. If Amendment, Date of Original Filed (Month/Day/Year) 09/19/2016
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	283,601	D
Common Stock	29,872	I	401(k) plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	(2)	Common Stock	10,000	(1)	D
Restricted Stock Units	(3)	(3)	Common Stock	60,000	(1)	D
Restricted Stock Units	(4)	(4)	Common Stock	40,000	(1)	D
Restricted Stock Units	(5)	(5)	Common Stock	29,600	(1)	D
Restricted Stock Units	(6)(9)	(6)	Common Stock	150,000	(1)	D
Restricted Stock Units	(7)	(7)	Common Stock	27,000	(1)	D
Employee Stock Options (right to buy)(8)	09/07/2006	09/07/2017	Common Stock	55,000	38.75	D
Employee Stock Options (right to buy)(8)	09/09/2009	09/09/2018	Common Stock	100,000	28.12	D
Employee Stock Options (right to buy)(8)	03/12/2010	03/12/2019	Common Stock	400,000	9.57	D
Employee Stock Options (right to buy)(8)	07/23/2010	07/23/2019	Common Stock	500,000	11.95	D
Employee Stock Options (right to buy)(8)	06/10/2011	06/10/2020	Common Stock	650,000	15.68	D
Employee Stock Options (right to buy)(8)	06/09/2012	06/09/2021	Common Stock	700,000	18.58	D
Employee Stock Options (right to buy)(8)	09/07/2013	09/07/2022	Common Stock	700,000	21.59	D
Employee Stock Options (right to buy)(8)	09/13/2014	09/13/2023	Common Stock	500,000	23.78	D
Employee Stock Options (right to buy)(8)	09/05/2015	09/05/2024	Common Stock	550,000	26.1	D
Employee Stock Options (right to buy)(8)	09/11/2016	09/11/2025	Common Stock	184,000	24.95	D
Employee Stock Option (right to buy)(8)	09/09/2017	09/09/2026	Common Stock	200,000	30.11	D

Explanation of Responses:

1. 1-for-1

2. 50,000 units granted 07/27/2012; 10,000 units vested on 07/27/2013 ; 10,000 units vested on 07/27/2014 ; 10,000 vested on 07/27/2015; 10,000 vested on 07/27/2016 and 10,000 are scheduled to vest on 07/27/2017.

3. 100,000 units granted 07/24/2014; 20,000 units vested on 07/24/2015; 20,000 units vested on 07/24/2016 ; 20,000 are scheduled to vest on 07/24/2017; 20,000 are scheduled to vest on 07/24/2018 and 20,000 are scheduled to vest on 07/24/2019.

4. 50,000 units granted 09/11/2015; 10,000 units vested on 9/11/2016; 10,000 units are scheduled to vest on 09/11/2017; 10,000 units are scheduled to vest on 09/11/2018; 10,000 are scheduled to vest on 09/11/2019; and 10,000 are scheduled to vest on 09/11/2020.

5. 37,000 units granted 9/11/2015; 7,400 units vested on 9/11/2016; 7,400 units are scheduled to vest on 9/11/2017; 7,400 units are scheduled to vest on 9/11/2018; 7,400 units are scheduled to vest on 9/11/2019; and 7,400 units are scheduled to vest on 9/11/2020.

6. 150,000 units granted 07/28/2016; 150,000 units are scheduled to vest on 12/31/2019.

7. 27,000 units granted on 9/9/2016; 5,400 units are scheduled to vest on 9/9/2017; 5,400 units are sceduled to vest on 9/9/2018; 5,400 units are scheduled to vest on 9/9/2019; 5,400 units are scheduled to vest on 9/9/2020; and 5,400 units are scheduled to vest on 9/9/2021.

8. The options become exercisable in five equal installments of 20% each beginning on the "Date Exercisable" shown to the right, and another 20% each year thereafter.

9. Grant not previously reported. This amended Form 3 also removes a previously reported 53,000 Restricted Stock Unit grant which was characterized as a Restricted Stock Unit in error. The 53,000 grant is a Performance Share Unit not realized until certain performance measures are met.

Remarks:

	Brian Sandstrom on behalf of David L. Joyce	11/28/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

 

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