Baker Hughes executive Gatti Amerino exercised Options covering 9,807 shares on Sep. 3, while also forfeiting 3,860 shares at $63.64 per share. The transactions leave investors with updated visibility into the executive’s reported Baker Hughes holdings, including 24,611 shares, 20,751 shares and 9,807 derivative securities after the respective transactions.
Key Highlights
- Gatti Amerino forfeited 3,860 Baker Hughes shares at $63.64 per share.
- His reported holdings after the transactions included 24,611 shares and 20,751 shares.
- Amerino held 9,807 Baker Hughes derivative securities after the option exercise.
Baker Hughes Co (NASDAQ: BKR) executive Gatti Amerino exercised options covering 9,807 shares on Sep. 3. The transaction involved the company’s executive vice president for oilfield services and equipment.
Option Exercise and Share Forfeiture Details
Following the exercise, Amerino’s reported Baker Hughes share ownership was 24,611 shares. A separate transaction on the same date involved the forfeiture of 3,860 Baker Hughes shares at $63.64 per share. Amerino also exercised options covering 9,807 derivative securities. The reported holding after that transaction was 9,807 derivative securities.
FAQs
Q: What did Gatti Amerino do with Baker Hughes stock options?
A: Gatti Amerino exercised options covering 9,807 Baker Hughes shares on Sep. 3. The transaction was recorded using insider transaction code M.
Q: How many Baker Hughes shares did Amerino forfeit?
A: Amerino forfeited 3,860 Baker Hughes shares at $63.64 per share. The transaction was recorded on Sep. 3 under code F.
Q: What were Gatti Amerino’s reported Baker Hughes holdings?
A: Reported holdings after the transactions included 24,611 Baker Hughes shares, 20,751 shares and 9,807 derivative securities, depending on the transaction recorded.
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