4//SEC Filing
Baert Steven 4
Accession 0000950142-24-000973
CIK 0001996810other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 9:40 PM ET
Size
9.0 KB
Accession
0000950142-24-000973
Insider Transaction Report
Form 4
Baert Steven
Chief People Officer
Transactions
- Award
Restricted Stock Units
2024-04-02+21,217→ 21,217 total→ Common stock, par value $0.01 per share (21,217 underlying) - Award
Restricted Stock Units
2024-04-02+17,009→ 17,009 total→ Common stock, par value $0.01 per share (17,009 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
- [F2]Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off (as defined below). Such equity incentive awards were previously granted by General Electric Company ("GE") to the reporting person, of which 50% will vest on April 3, 2025 and 50% will vest on April 3, 2026.
- [F3]The transactions reported herein are the result of the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova by GE to holders of GE common stock on a pro rata basis (the "Spin-Off"). These transactions are voluntarily reported notwithstanding the exemption provided by Rule 16a-9.
- [F4]Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain performance-based equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, which will vest in full on March 1, 2026. The performance criteria for these equity incentive awards have been certified in connection with the Spin-Off by GE's Management Development & Compensation Committee.
Documents
Issuer
GE Vernova Inc.
CIK 0001996810
Entity typeother
Related Parties
1- filerCIK 0002002953
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 9:40 PM ET
- Size
- 9.0 KB