X0306 4 2014-07-18 0000808362 BAKER HUGHES INC BHI 0001319699 Craighead Martin S 2929 ALLEN PARKWAY, SUITE 2100 HOUSTON TX 77019 1 1 Chairman & CEO Common Stock, $1.00 Par Value 2014-07-18 4 M 0 19855 29.18 A 164242.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 S 0 14500 73.0019 D 149742.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 S 0 5355 73.5929 D 144387.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 M 0 39149 39.52 A 183536.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 S 0 28061 72.9973 D 155475.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 S 0 11088 73.5833 D 144387.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 M 0 26485 47.28 A 170872.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 S 0 19685 73.0081 D 151187.8809 D Common Stock, $1.00 Par Value 2014-07-18 4 S 0 6800 73.6072 D 144387.8809 D Stock Option (Right to Buy) 29.18 2014-07-18 4 M 0 19855 0 D 2019-01-21 Common Stock, $1.00 Par Value 19855 3427 D Stock Option (Right to Buy) 39.52 2014-07-18 4 M 0 39149 0 D 2019-07-22 Common Stock, $1.00 Par Value 39149 0 D Stock Option (Right to Buy) 47.28 2014-07-18 4 M 0 26485 0 D 2020-01-19 Common Stock, $1.00 Par Value 26485 2115 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.35 - $73.34, inclusive. The reporting person undertakes to provide to Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.3575 - $73.87, inclusive. The reporting person undertakes to provide to Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.3525 - $73.3414, inclusive. The reporting person undertakes to provide to Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.35 - $73.89, inclusive. The reporting person undertakes to provide to Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.365 - $73.3553, inclusive. The reporting person undertakes to provide to Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.36 - $73.88, inclusive. The reporting person undertakes to provide to Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The option vested in three equal annual installments beginning one year from the date of grant. /s/ Lee Whitley, Attorney-in-Fact 2014-07-22