0000950103-18-000212.txt : 20180108 0000950103-18-000212.hdr.sgml : 20180108 20180105210558 ACCESSION NUMBER: 0000950103-18-000212 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180102 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20180108 DATE AS OF CHANGE: 20180105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baker Hughes a GE Co CENTRAL INDEX KEY: 0001701605 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 814403168 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38143 FILM NUMBER: 18514684 BUSINESS ADDRESS: STREET 1: 17021 ALDINE WESTFIELD ROAD CITY: HOUSTON STATE: TX ZIP: 77073 BUSINESS PHONE: 713-439-8600 MAIL ADDRESS: STREET 1: 17021 ALDINE WESTFIELD ROAD CITY: HOUSTON STATE: TX ZIP: 77073 FORMER COMPANY: FORMER CONFORMED NAME: Bear Newco, Inc. DATE OF NAME CHANGE: 20170321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BAKER HUGHES a GE Co LLC CENTRAL INDEX KEY: 0000808362 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 760207995 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09397 FILM NUMBER: 18514685 BUSINESS ADDRESS: STREET 1: 17021 ALDINE WESTFIELD ROAD CITY: HOUSTON STATE: TX ZIP: 77073-5051 BUSINESS PHONE: 7134398600 MAIL ADDRESS: STREET 1: PO BOX 4740 CITY: HOUSTON STATE: TX ZIP: 77210-4740 FORMER COMPANY: FORMER CONFORMED NAME: BAKER HUGHES INC DATE OF NAME CHANGE: 19920703 8-K 1 dp84948_8k.htm FORM 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of 

The Securities Exchange Act of 1934 

 

Date of Report (Date of earliest event reported): January 2, 2018

 

BAKER HUGHES, A GE

COMPANY

 

BAKER HUGHES, A GE

COMPANY, LLC

    (Exact name of registrant as specified in its charter)    
             
Delaware 1-38143 81-4403168   Delaware 1-09397 76-0207995
(State of Incorporation) (Commission File No.)

(I.R.S. Employer

Identification No.)

  (State of Incorporation) (Commission File No.)

(I.R.S. Employer

Identification No.)

             
    17021 Aldine Westfield Road    
    Houston, Texas 77073    

 

Registrant’s telephone number, including area code: (713) 439-8600 

(former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

Item  5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Baker Hughes, a GE company (the “Company”) has entered into a letter agreement, dated January 2, 2018, with Belgacem Chariag, pursuant to which, as of that date, Mr. Chariag resigned from his position as Chief Global Operations Officer of the Company and all other officer positions with the Company and its subsidiaries. Mr. Chariag will remain an employee of the Company through January 31, 2018, serving in an advisory capacity and providing transition assistance.

 

After his employment ends, Mr. Chariag will be entitled to specified payments and benefits under his stay and win award letter on the same basis as if his employment were terminated without cause. He will also remain eligible to earn a bonus for the 2017 performance period under the Executive Officer Short Term Incentive Compensation Plan in accordance with the terms of the plan. In addition, if Mr. Chariag elects to continue healthcare coverage under COBRA for him and his eligible dependents, he will receive a monthly cash payment for 24 months equal to the difference between the COBRA premium and the premium charged to active employees for such coverage.

 

Pursuant to the letter agreement, Mr. Chariag affirmed certain contractual obligations he has to the Company, including cooperation and assistance, confidentiality, non-competition and non-solicitation, which will remain in effect for specified periods following his employment.

 

The foregoing description of the letter agreement does not purport to be complete and is qualified in its entirety by reference to the text of the letter agreement, which will be filed as an exhibit to the Company’s Form 10-K for the year ending December 31, 2017.

 

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Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    BAKER HUGHES, A GE COMPANY
     
Dated: January 5, 2018   By:   /s/ Lee Whitley
       

Lee Whitley

Corporate Secretary

         
         
    BAKER HUGHES, A GE COMPANY, LLC
     
Dated: January 5, 2018   By:   /s/ Lee Whitley
       

Lee Whitley

Corporate Secretary 

 

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