X0306 4 2016-12-29 0000808362 BAKER HUGHES INC BHI 0001158641 CRAIN ALAN R JR 17021 ALDINE WESTFIELD RD HOUSTON TX 77073 1 SVP, Chief Legal/Gov Ofcr Common Stock, $1.00 Par Value 2016-12-29 4 M 0 34929 0 A 56088.7476 D Common Stock, $1.00 Par Value 2016-12-29 4 F 0 14653 64.71 D 41435.7476 D Common Stock, $1.00 Par Value 2016-12-29 4 M 0 79369 0 A 120804.7476 D Common Stock, $1.00 Par Value 2016-12-29 4 F 0 33296 64.71 D 87508.7476 D Restricted Stock Units 2016-12-29 4 M 0 34929 0 D Common Stock, $1.00 Par Value 34929 0 D Restricted Stock Units 2016-12-29 4 M 0 79369 0 D Common Stock, $1.00 Par Value 79369 0 D Each restricted stock unit represents a right to receive without payment one share of Baker Hughes common stock. This restricted stock unit is granted under the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan, as amended and restated (the "Plan"). The original grant vested in three equal annual installments beginning one year from the date of grant. Per the terms of the Plan, the Compensation Committee authorized the acceleration of the unvested portion of the reporting person's 2015 and 2016 grants on December 29, 2016. /s/Lee Whitley, Attorney-in-Fact 2016-12-30