UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
GE HEALTHCARE TECHNOLOGIES INC. |
(Name of Issuer) |
Common Stock, $0.01 par value |
(Title of Class of Securities) |
36266G 107 |
(CUSIP Number) |
March 31, 2024 |
(Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ | Rule 13d-1(b) | |
☐ | Rule 13d-1(c) | |
☒ | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 36266G 107 | SCHEDULE 13G | Page 2 of 6 |
1 |
NAME OF REPORTING PERSON
General Electric Company |
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☐ (b) ☐ |
3 |
SEC USE ONLY
|
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
New York |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER
30,531,302 (See Note 1) |
6 |
SHARED VOTING POWER
0 | |
7 |
SOLE DISPOSITIVE POWER
30,531,302 (See Note 1) | |
8 |
SHARED DISPOSITIVE POWER
0 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,531,302 (See Note 1) |
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
☐ |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.7% (See Note 2) |
|
12 |
TYPE OF REPORTING PERSON
CO |
Note 1: As of March 31, 2024, General Electric Company (“GE”) beneficially owned 30,531,302, or approximately 6.7%, of the shares of common stock (“Common Stock”) outstanding of GE HealthCare Technologies Inc. (the “Company”). Pursuant to a Stockholder and Registration Rights Agreement, dated as of January 2, 2023 (the “Stockholder and Registration Rights Agreement”), between GE and the Company, GE granted to the Company a proxy to vote the shares of Common Stock owned by GE in proportion to the votes cast by the Company’s other stockholders.
Note 2: The denominator for this calculation is based on 455,357,229 shares of Common Stock outstanding as of January 30, 2024, as reported in the Company’s Form 10-K filed with the U.S. Securities and Exchange Commission on February 6, 2024.
CUSIP No. 36266G 107 | SCHEDULE 13G | Page 3 of 6 |
Item 1. | (a) | Name of Issuer: | |
GE HealthCare Technologies Inc. | |||
(b) | Address of Issuer’s Principal Executive Offices: | ||
500 W. Monroe Street, Chicago, Illinois 60661 | |||
Item 2. | (a) | Name of Person Filing: | |
General Electric Company | |||
(b) | Address of Principal Business Office, or if none, Residence: | ||
One Financial Center, Suite 3700, Boston, Massachusetts 02111 | |||
(c) | Citizenship: | ||
New York | |||
(d) | Title of Class of Securities: | ||
Common Stock, $0.01 par value | |||
(e) | CUSIP Number: | ||
36266G 107 | |||
Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | ||
(a) | [__] | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); | |
(b) | [__] | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); | |
(c) | [__] | Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); | |
(d) | [__] | Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
(e) | [__] | An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); | |
(f) | [__] | An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); | |
(g) | [__] | A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); | |
(h) | [__] | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
(i) | [__] | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); or | |
(j) | [__] | Group, in accordance with §240.13d-1(b)(1)(ii)(K). | |
If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________________. | |||
(k) | [__] | A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________________. |
CUSIP No. 36266G 107 | SCHEDULE 13G | Page 4 of 6 |
Item 4. | Ownership. | |
(a)-(c)
The responses of the Reporting Person to Rows 5, 6, 7, 8, 9 and 11 in the cover page to this Section 13G are incorporated herein by reference.
Additional Note: Pursuant to the Stockholder and Registration Rights Agreement, GE granted to the Company a proxy to vote the shares of Common Stock owned by GE in proportion to the votes cast by the Company’s other stockholders. | ||
Item 5. | Ownership of Five Percent or Less of a Class. |
Not applicable. | |
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable. | |
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not applicable. |
CUSIP No. 36266G 107 | SCHEDULE 13G | Page 5 of 6 |
Item 8. | Identification and Classification of Members of the Group. |
Not applicable. | |
Item 9. | Notice of Dissolution of Group. |
Not applicable. | |
Item 10. | Certifications. |
Not applicable. |
CUSIP No. 36266G 107 | SCHEDULE 13G | Page 6 of 6 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: April 2, 2024
GENERAL ELECTRIC COMPANY | ||||
By: | /s/ Brandon Smith | |||
Name: | Brandon Smith | |||
Title: | Chief Corporate, Securities & Finance Counsel |