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EX-99.2 - EXHIBIT 99.2 - Baker Hughes Holdings LLCdp66333_ex9902.htm
EX-99.1 - EXHIBIT 99.1 - Baker Hughes Holdings LLCdp66333_ex9901.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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):  June 6, 2016
 
Baker Hughes Incorporated
(Exact Name of Registrant as Specified in its Charter)
 
     
 
Delaware 1-9397 76-0207995
(State of Incorporation)

(Commission  File No.)

(I.R.S. Employer Identification No.)

 

2929 Allen Parkway 

Houston, Texas 77019 

(Address of Principal Executive Offices)
 
Registrant’s telephone number, including area code:  (713) 439-8600
 
N/A
(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:

 

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

 

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

 

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

 

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

 

 

 

 

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

 

(e) On June 6, 2016, the Compensation Committee of the Board of Directors of Baker Hughes Incorporated (the “Company”) approved a one-time lump sum cash payment in the amount of $2,000,000 to Alan R. Crain, Senior Vice President, Chief Legal and Governance Officer. The bonus was approved in recognition of Mr. Crain’s leadership and contribution to the Company while the Company’s merger with Halliburton Company was pending. The Agreement and Plan of Merger between the Company and Halliburton Company was terminated on April 30, 2016.

 

Item 8.01. Other Events

 

Early Results of Tender Offer

 

On June 9, 2016, the Company issued a press release announcing the early results of the tender offers for certain outstanding notes (the "Notes") of the Company and its subsidiary Western Atlas Inc. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 8.01 by reference.

 

Pricing Terms of Tender Offer

 

On June 9, 2016, the Company issued a press release announcing pricing terms of the tender offers for the Notes. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated into this Item 8.01 by reference.

  

Item 9.01. Financial Statements and Exhibits

 

(d)Exhibits.

 

99.1

Press Release dated June 9, 2016

 

99.2

Press Release dated June 9, 2016

 

 

 

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 INCORPORATED
     
     
Date: June 9, 2016   By: /s/ Lee Whitley
        Name: Lee Whitley
        Title: Vice President and Corporate Secretary

 

 

 

 

EXHIBIT INDEX

 

Exhibit No. Description

99.1

Press Release dated June 9, 2016

   
99.2 Press Release dated June 9, 2016