Baker Hughes (BKR) Form 4 Baker Hughes / Derek Mathieson ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Mathieson Derek

(Last) (First) (Middle)

17021 ALDINE WESTFIELD ROAD

(Street)

HOUSTON TX 77073

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Baker Hughes Co [ BKR ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Mktg & Tech Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2020

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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
Class A Common Stock	01/22/2020		M		5,684	A	(1)	118,548.2422	D
Class A Common Stock	01/22/2020		F		1,385	D	$22.68	117,163.2422	D
Class A Common Stock	01/23/2020		M		8,793	A	(1)	125,956.2422	D
Class A Common Stock	01/23/2020		F		2,344	D	$22.96	123,902.0522(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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
Restricted Stock Unit 01_20	(1)	01/22/2020		A		53,461		(3)	(3)	Class A Common Stock	53,461	(1)	53,461	D
Restricted Stock Unit 01_18	(1)	01/22/2020		M			5,684	(3)	(3)	Class A Common Stock	5,684	(1)	5,685	D
Restricted Stock Unit 01_19	(1)	01/23/2020		M			8,793	(3)	(3)	Class A Common Stock	8,793	(1)	17,588	D

Explanation of Responses:

1. Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.

2. Includes 289.81 shares purchased through the Baker Hughes Company Employee Stock Purchase Plan.

3. The restricted stock unit vests in three equal annual installments beginning one year from the date of grant.

Remarks:

	/s/ Lee Whitley, Attorney-in-fact	01/24/2020
	** 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).
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