Baker Hughes 2007 Annual Report Download - page 26

8 Baker Hughes Incorporated
SECURITY OWNERSHIP OF MANAGEMENT
Set forth below is certain information with respect to beneficial ownership of the Common Stock as of February 25, 2008 by
each director nominee, the persons named in the Summary Compensation Table below and the directors and executive officers as
a group. The table includes transactions effected prior to the close of business on February 25, 2008.
Shares Beneficially Owned
Shares Subject to Options
Which Are or Will Become Total Beneficial
Shares Owned Exercisable Prior to Ownership % of
Name as of February 25, 2008 April 25, 2008 as of April 25, 2008 Class(1)
Larry D. Brady 7,047(2) 700 7,747 –
Clarence P. Cazalot, Jr. 8,638(2) 2,427 11,065 –
Edward P. Djerejian 8,638(2) 446 9,084 –
Anthony G. Fernandes 10,638(2) 11,804 22,442 –
Claire W. Gargalli 12,134(2) 3,427 15,561 –
Pierre H. Jungels 3,838(2) 224 4,062 –
James A. Lash 8,638(2) 3,427 12,065 –
James F. McCall 5,638(2) 446 6,084 –
J. Larry Nichols 8,638(2) 3,427 12,065 –
H. John Riley, Jr. 21,638(2) 3,427 25,065 –
Charles L. Watson 18,378(2) 16,458 34,846 –
Chad C. Deaton 188,296(3) 285,083 473,329 –
Peter A. Ragauss 49,790(4) 79,098 128,888 –
James R. Clark 96,494(5) 25,344 121,838 –
Alan R. Crain 50,055(6) 26,363 76,418 –
David H. Barr 54,441(7) 30,896 85,337 –
All directors and executive officers as a group (28 persons) 721,599 626,857 1,348,456 –
(1) No percent of class is shown for holdings of less than 1%.
(2) Includes 1,430 shares issued as a restricted stock award on January 23, 2008, which award will vest one-third on each of January 23, 2009, 2010 and 2011,
or, if earlier, on the date of the annual meeting of stockholders next following the date the independent non-management director attains age 72.
(3) Includes: (i) 80,000 shares awarded on October 25, 2004 of which 20,000 shares vested each on October 25, 2006 and 2007 with 20,000 shares vesting on each
of October 25, 2008 and 2009; (ii) 50,850 shares awarded on January 26, 2005 of which 16,950 shares vested on each of January 25, 2006, 2007 and 2008;
(iii) 25,395 shares awarded on January 25, 2006 of which 8,465 shares vested on January 26, 2007 and 2008 with 8,465 shares vesting on January 26, 2009;
(iv) 26,437 shares awarded on January 24, 2007 of which 8,812 vested on January 24, 2008 with 8,812 vesting on each of January 24, 2009 and 2010; and
(v) 28,515 shares awarded on January 23, 2008, which will vest one-third on each of January 23, 2009, 2010 and 2011.
(4) Includes (i) 25,344 shares issued as restricted stock awards on April 26, 2006 of which 6,336 shares will vest on each of April 26, 2008 and 2009, with the remain-
ing 12,662 vesting on April 26, 2010; (ii) 8,221 shares awarded on January 24, 2007, of which 2,740 vested on January 24, 2008 with 2,740 vesting on each of
January 24, 2009 and 2010; (iii) a restricted stock award on April 26, 2006 of 8,315 shares of which 2,772 vested on April 26, 2007 with 2,772 vesting on each
of April 26, 2008 and 2009; and (iv) 8,297 shares awarded on January 23, 2008, which will vest one-third on each of January 23, 2009, 2010 and 2011.
(5) Includes: (i) 40,000 shares awarded on October 27, 2004 of which 10,000 shares vested on October 27, 2007; (ii) 20,350 shares awarded on January 26, 2005 of
which 6,783 shares vested on each of January 25, 2006 and 2007 and 6,784 shares vested on January 25, 2008; (iii) 11,000 shares awarded on January 25, 2006
of which 3,666 shares vested on January 26, 2007 and 2008. In connection with Mr. Clark’s retirement, the Company accelerated the vesting of 17,232 shares
which were scheduled to vest after January 31, 2008, the effective date of Mr. Clark’s retirement from the Company.
(6) Includes: (i) 10,000 shares awarded on April 28, 2004, all of which will vest on April 28, 2008; (ii) 9,325 shares awarded on January 26, 2005 of which 3,108 shares
vested on each of January 25, 2006 and 2007 and 2008; (iii) 6,000 shares awarded on January 25, 2006 of which 2,000 shares vested on each of January 26, 2007
and 2008 with 2,000 shares vesting on January 26, 2009; (iv) 5,872 shares awarded on January 24, 2007, of which 1,957 vested on January 24, 2008 with 1,957
vesting on each of January 24, 2009 and 2010; and (v) 6,507 shares awarded on January 23, 2008, which will vest one-third on each of January 23, 2009, 2010
and 2011. Also includes a restricted stock award of 15,000 shares on January 24, 2007 which will vest as to 10,000 shares on January 24, 2009 and the remaining
5,000 shares on January 24, 2010.
(7) Includes: (i) 10,000 shares awarded on March 2, 2004, which will vest on March 2, 2008; (ii) 4,750 shares awarded on January 26, 2005 of which 1,583 shares
vested on each of January 25, 2006, 2007 and 2008; (iii) 16,000 shares awarded on February 28, 2005, of which 4,000 shares vested on February 28, 2007, with
4,000 shares vesting on February 28, 2008 and the remaining 8,000 shares vesting on February 28, 2009; (iv) 4,356 shares awarded on January 25, 2006 of which
1,452 shares vested on each of January 26, 2007 and 2008 with 1,452 shares vesting on January 26, 2009; (v) 5,078 shares awarded on January 24, 2007, of which
1,693 vested on January 24, 2008 with 1,693 vesting on each of January 24, 2009 and 2010; and (vi) 6,436 shares awarded on January 23, 2008, which will vest
one-third on each of January 23, 2009, 2010 and 2011.