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Director/PDMR Shareholding

29 Apr 2013 13:41

RNS Number : 4836D
General Electric Company
29 April 2013
 



SEC Form 3

FORM 3

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

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1. Name and Address of Reporting Person*

Comstock Elizabeth J

 

(Last)

(First)

(Middle)

GENERAL ELECTRIC COMPANY

3135 EASTON TURNPIKE

 

(Street)

FAIRFIELD

CT

06828

 

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)04/23/2013

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)

Senior Vice President

5. 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 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

64,048

D

 

Common Stock

22,768

I

by 401(k)

Common Stock

1,267

I

By family

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

Phantom Stock Units

(1)

(1)

Common Stock

38,636

(2)

D

 

Restricted Stock Units

(3)

(3)

Common Stock

8,750

(2)

D

 

Restricted Stock Units

(4)

(4)

Common Stock

12,500

(2)

D

 

Restricted Stock Units

(5)

(5)

Common Stock

5,834

(2)

D

 

Restricted Stock Units

(6)

(6)

Common Stock

50,000

(2)

D

 

Employee Stock Options (right to buy) (7)

09/12/2004

09/12/2013

Common Stock

45,000

31.53

D

 

Employee Stock Options (right to buy) (7)

09/17/2005

09/17/2014

Common Stock

54,000

34.22

D

 

Employee Stock Options (right to buy) (7)

09/16/2006

09/16/2015

Common Stock

66,000

34.47

D

 

Employee Stock Options (right to buy) (7)

09/08/2007

09/08/2016

Common Stock

62,500

34.01

D

 

Employee Stock Options (right to buy) (7)

09/07/2008

09/07/2017

Common Stock

67,500

38.75

D

 

Employee Stock Options (right to buy) (7)

09/09/2009

09/09/2018

Common Stock

87,500

28.12

D

 

Employee Stock Options (right to buy) (7)

03/12/2010

03/12/2019

Common Stock

350,000

9.57

D

 

Employee Stock Options (right to buy) (7)

07/23/2010

07/23/2019

Common Stock

350,000

11.95

D

 

Employee Stock Options (right to buy) (7)

06/10/2011

06/10/2020

Common Stock

400,000

15.68

D

 

Employee Stock Options (right to buy) (7)

06/09/2012

06/09/2021

Common Stock

500,000

18.58

D

 

Employee Stock Options (right to buy) (7)

09/07/2013

09/07/2022

Common Stock

500,000

21.59

D

 

Explanation of Responses:

1. Reallocable to other investment media. Payable after termination of employment.

2. 1-for-1

3. 35,000 units granted 09/12/2003; 8,750 units vested on 9/12/2006; 8,750 units vested on 9/12/2008; 8,750 vested on 9/12/2010; 8,750 are scheduled to vest on 9/12/2013.

4. 25,000 units granted 07/27/2006; 6,250 units vested on 7/27/2009; 6,250 units vested on 7/27/2011; 6,250 units are scheduled to vest on 7/27/2013 and 6,250 units are scheduled to vest on 7/27/2016.

5. 29,167 units granted 09/09/2008; 5,833 units vested on 9/9/2009; 5,833 units vested on 9/9/2010; 5,833 units vested on 9/9/2011; 5,834 units vested on 9/9/2012 and 5,834 units are scheduled to vest on 9/9/2013.

6. 50,000 units granted 07/27/12; Vesting schedule : 20% on first anniversary; 20% on second anniversary; 20% on third anniversary; 20% on fourth anniversary; 20% on fifth anniversary;

7. 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.

Remarks:

 

Eliza W. Fraser on behalf of Elizabeth Comstock

04/26/2013

 

** 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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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