GENERAL ELECTRIC
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
Please accept this notification by General Electric Company ('GE') as required
by DR 3.1.4R(1) of the UK Disclosure Rules.
Effective September 8, 2005, the following GE insider transactions became
effective:
1) An Executive Officer, Kathryn Cassidy exercised 31,500 options. The
securities were converted on a 1-for-1 basis at a price of $10.65 per option. A
same day sale of 19,035 GE common shares in the open market at a price of $33.91
took place in order to cover the exercise costs and taxes incurred.
2) An Executive Officer, Kathryn Cassidy exercised 10,500 options. The
securities were converted on a 1-for-1 basis at a price of $10.65 per option.
This was a cashless stock option exercise therefore in a same day sale, 10,500
common shares of GE were sold at $33.90 in the open market.
3) An Executive Officer, Joseph Hogan exercised 39,000 options. The securities
were converted on a 1-for-1 basis at a price of $10.65 per option. A same day
sale of 24,112 GE common shares in the open market at an average price of
$33.7771 took place in order to cover the exercise costs and taxes incurred.
4) An Executive Officer, David R. Nissen exercised 78,000 options. The
securities were converted on a 1-for-1 basis at a price of $10.65 per option. A
same day sale of 47,182 GE common shares in the open market at an average price
of $33.7605 took place in order to cover the exercise costs and taxes incurred.
5) An Executive Officer, Lloyd Trotter exercised 180,000 options. The securities
were converted on a 1-for-1 basis at a price of $10.65 per option. A same day
sale of 110,003 GE common shares in the open market at an average price of
$33.7799 took place in order to cover the exercise costs and taxes incurred.
6) An Executive Officer, William A, Woodburn exercised 120,000 options. The
securities were converted on a 1-for-1 basis at a price of $10.65 per option. A
same day sale of 72,588 GE common shares in the open market at an average price
of $33.7706 took place in order to cover the exercise costs and taxes incurred.
Forms 4 disclosing the transaction described in paragraphs 1-6 above were filed
with the SEC on September 12, 2005.
Submitted on behalf of GE by Eliza W. Fraser, Associate Corporate Counsel, Tel:
203-373-2442.
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