Director/PDMR Shareholding

RNS Number : 2915D

General Electric Company

11 September 2008

 



SEC Form 4 

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person*  Denniston Brackett B III  (Last) (First) (Middle) GENERAL ELECTRIC COMPANY 3135 EASTON TURNPIKE (Street)  FAIRFIELD CT 06828 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol  GENERAL ELECTRIC CO [ GE ]	5. Relationship of Reporting Person(s) to Issuer  (Check all applicable)  Director 10% Owner X Officer (give title below) Other (specify below) Senior Vice President
	3. Date of Earliest Transaction (Month/Day/Year)  09/09/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/10/2008		M		6,023	A	$0	94,522	D
Common Stock	09/10/2008		F		2,434	D	$28.1	92,088	D
Common Stock								207	I	401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned  (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)

$28.12

09/09/2008

A

175,000

( 1 )

09/09/2018

Common Stock

175,000

$0

175,000

D

Restricted Stock Units

( 2 )

09/09/2008

A

58,334

( 3 )

( 3 )

Common Stock

58,334

$0

58,334

D

Restricted Stock Units

( 2 )

09/10/2008

M

6,023

09/10/2008 ( 4 )

09/10/2008 ( 4 )

Common Stock

6,023

$0

12,273

D

Explanation of Responses:

1. The Stock Options become exercisable in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.

2. 1-for-1

3. The Restricted Stock Units vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.

4. The remaining RSUs from this grant will vest upon retirement.

Remarks:

	Elizabeth Nemeth on behalf of Brackett B. Denniston III	09/11/2008
	** 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 4 (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.

 

END

 

 

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