Director/PDMR Shareholding

RNS Number : 7609J

General Electric Company

13 September 2016

 

SEC FORM 4

SEC Form 4

FORM 4                  UNITED STATES SECURITIES AND EXCHANGE   COMMISSION

Washington, D.C. 20549

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL   OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

             

1. Name and Address of Reporting Person* RICE JOHN G

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             Other  (specify below)                below) Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year) 09/09/2016

(Last)                    (First)                     (Middle)

GENERAL  ELECTRIC COMPANY

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

41  FARNSWORTH STREET

(Street)

BOSTON              MA                       02210

(City)                    (State)                    (Zip)

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

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

1. Title of

2.

3. Transaction

3A. Deemed

4.

5. Number of

6. Date Exercisable and

7. Title and Amount

8. Price of

9. Number of

10.

11. Nature

Derivative

Conversion

Date

Execution Date,

Transaction

Derivative

Expiration Date

of Securities

Derivative

derivative

Ownership

of Indirect

Security

or Exercise

(Month/Day/Year)

if any

Code (Instr.

Securities

(Month/Day/Year)

Underlying

Security

Securities

Form:

Beneficial

(Instr. 3)

Price of

(Month/Day/Year)

8)

Acquired (A)

Derivative Security

(Instr. 5)

Beneficially

Direct (D)

Ownership

Derivative

or Disposed

(Instr. 3 and 4)

Owned

or Indirect

(Instr. 4)

Security

of (D) (Instr.

Following

(I) (Instr. 4)

3, 4 and 5)

Reported

Transaction(s)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

(Instr. 4)

Employee Stock Option (right to buy)

$30.11(4)

09/09/2016

A

200,000

(1)

09/09/2026

Common Stock

200,000

$0

200,000

D

Restricted Stock Units

(2)

09/09/2016

A

27,000

(3)

(3)

Common Stock

27,000

$0

27,000

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. All transactions reported on this Form 4 were conducted outside a trading venue.

Remarks:

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).

Brian Sandstrom on behalf  of

John G. Rice                                09/13/2016

** Signature of Reporting Person        Date

** 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.

https://www.sec.gov/Archives/edgar/data/40545/000123120516000170/xslF345X03/edgar.xml[9/13/2016 4:26:18 PM]

 

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