J Jack Hinton Form 3 BAKER HUGHES / J Jack Hinton ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Hinton J Jack

(Last) (First) (Middle)

2929 ALLEN PARKWAY

(Street)

HOUSTON TX 77019

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/24/2016

3. Issuer Name and Ticker or Trading Symbol
BAKER HUGHES INC [ BHI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VicePresident

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, $1.00 Par Value	6,039.309	D

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
Restricted Stock Units	(1)	(1)	Common Stock, $1.00 Par Value	1,537	0(2)	D
Restricted Stock Units	(3)	(3)	Common Stock, $1.00 Par Value	705	0(2)	D
Stock Option (Right to Buy)	(4)	01/23/2018	Common Stock, $1.00 Par Value	283	69.92	D
Stock Option (Right to Buy)	(4)	01/23/2017	Common Stock, $1.00 Par Value	267	68.54	D
Restricted Stock Units	(5)	(5)	Common Stock, $1.00 Par Value	4,816	0(2)	D
Stock Option (Right to Buy)	(4)	07/24/2017	Common Stock, $1.00 Par Value	288	82.28	D
Stock Option (Right to Buy)	(4)	07/26/2016	Common Stock, $1.00 Par Value	283	80.73	D
Stock Option (Right to Buy)	(4)	08/11/2018	Common Stock, $1.00 Par Value	166	77.2	D
Stock Option (Right to Buy)	(4)	07/21/2020	Common Stock, $1.00 Par Value	900	49.17	D
Stock Option (Right to Buy)	(4)	01/26/2021	Common Stock, $1.00 Par Value	790	62.32	D
Stock Option (Right to Buy)	(4)	07/19/2021	Common Stock, $1.00 Par Value	460	77	D
Stock Option (Right to Buy)	(4)	01/25/2022	Common Stock, $1.00 Par Value	605	47.44	D
Stock Option (Right to Buy)	(4)	07/16/2022	Common Stock, $1.00 Par Value	730	39.3	D
Stock Option (Right to Buy)	(4)	01/24/2023	Common Stock, $1.00 Par Value	1,556	45.21	D
Stock Option (Right to Buy)	(4)	07/24/2023	Common Stock, $1.00 Par Value	1,474	47.75	D

Explanation of Responses:

1. Restricted Stock Unit vests in three equal, annual installments beginning one year from the date of grant (which was January 21, 2015).

2. Each restricted stock unit represents a contingent right to receive without payment one share of Baker Hughes common stock.

3. Restricted Stock Unit vests in three equal, annual installments beginning one year from the date of grant (which was January 22, 2014).

4. Stock option vested/vests in three equal annual installments, with the first vesting one year from the date of grant. The options expire ten years from the date of grant.

5. Restricted Stock Unit vests in three equal, annual installments beginning one year from the date of grant (which was January 27, 2016).

	/s/ Lee Whitley, Attorney-in-Fact	06/03/2016
	** 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).
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