FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
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 *

Elsenhans Lynn Laverty
2. Issuer Name and Ticker or Trading Symbol

BAKER HUGHES a GE Co LLC [ BHI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

17021 ALDINE WESTFIELD ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

7/3/2017
(Street)

HOUSTON, TX 77073
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, $1.00 Par Value   7/3/2017     D    15238   (1) D   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Stock Option (Right to Buy)   $40.43   7/3/2017     D         1000      (2) 5/21/2022   Common Stock, $1.00 Par Value   1000     (2) 0   D    
Stock Option (Right to Buy)   $39.96   7/3/2017     D         1119      (2) 6/29/2022   Common Stock, $1.00 Par Value   1119     (2) 0   D    
Stock Option (Right to Buy)   $39.30   7/3/2017     D         2053      (2) 7/16/2022   Common Stock, $1.00 Par Value   2053     (2) 0   D    
Stock Option (Right to Buy)   $45.82   7/3/2017     D         2160      (2) 9/28/2022   Common Stock, $1.00 Par Value   2160     (2) 0   D    
Stock Option (Right to Buy)   $40.85   7/3/2017     D         2479      (2) 12/31/2022   Common Stock, $1.00 Par Value   2479     (2) 0   D    
Stock Option (Right to Buy)   $46.46   7/3/2017     D         2722      (2) 3/28/2023   Common Stock, $1.00 Par Value   2722     (2) 0   D    
Stock Option (Right to Buy)   $45.87   7/3/2017     D         2934      (2) 6/28/2023   Common Stock, $1.00 Par Value   2934     (2) 0   D    
Stock Option (Right to Buy)   $49.53   7/3/2017     D         2776      (2) 9/30/2023   Common Stock, $1.00 Par Value   2776     (2) 0   D    
Stock Option (Right to Buy)   $54.45   7/3/2017     D         2525      (2) 12/31/2023   Common Stock, $1.00 Par Value   2525     (2) 0   D    
Restricted Stock Units     (3) 7/3/2017     D         2751      (3)   (3) Common Stock, $1.00 Par Value   2751     (3) 0   D    

Explanation of Responses:
(1)  On the closing date (the "Closing Date") of the transactions contemplated by the Transaction Agreement and Plan of Merger, dated as of October 30, 2016, among General Electric Company, a New York corporation, Baker Hughes Incorporated, a Delaware corporation ("BHI"), the Issuer and certain subsidiaries of BHI, as amended by that certain Amendment to Transaction Agreement and Plan of Merger dated as of March 27, 2017 (the "Transaction Agreement"), each outstanding share of common stock of the Issuer ("BHI Common Stock"), whether restricted or unrestricted, was cancelled and converted into the right to receive (a) one share of Class A common stock of Baker Hughes, a GE Company ("BHGE Common Stock") and (b) a special one-time cash dividend of $17.50 per share of BHGE Common Stock (the "Special Dividend").
(2)  Pursuant to the Transaction Agreement, on the Closing Date, each outstanding option to purchase shares of BHI Common Stock (each, a "BHI Option"), whether or not exercisable, was cancelled and converted into a fully exercisable option to purchase an equal number of shares of BHGE Common Stock, with a per share exercise price equal to the per share exercise price of such BHI Option less $17.50 to reflect the Special Dividend, and otherwise with the same terms and conditions as applied to such BHI Option immediately prior to the Closing Date.
(3)  Prior to the Closing Date, each restricted stock unit represented a contingent right to one share of BHI Common Stock (each, a "BHI RSU"). Pursuant to the Transaction Agreement, on the Closing Date, each outstanding BHI RSU was cancelled and converted into a restricted stock unit with respect to a share of BHGE Common Stock, with the same terms and conditions as applied to such BHI RSU immediately prior to the Closing Date (including the right with respect to the Special Dividend).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Elsenhans Lynn Laverty
17021 ALDINE WESTFIELD ROAD
HOUSTON, TX 77073
X



Signatures
/s/Lee Whitley, Attorney-in-Fact 7/3/2017
** 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 control number.
Baker Hughes (NYSE:BHI)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Baker Hughes Charts.
Baker Hughes (NYSE:BHI)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Baker Hughes Charts.