Middle River Aircraft Systems Hourly Savings Plan Synchrony Stock Fund is expected to have a limited duration in the Plan of approximately 12 months Restricted and you will not be able to perform certain transactions for a period of time Plans blackout periods, no matter when you submit your election Your election will apply to your GE Stock Fund holdings as of the beginning of the You can change your election throughout the Plans election period and can withdraw your election entirely for a brief period after the Plans election period If the exchange offer is oversubscribed and GE accepts fewer shares than those tendered, yourĭeadlines for Plan participants are different than for other shareowners to allow for administrative processing If the upper limit is in effect, less than $107.53 of Synchrony stock may be provided for each $100 of GE stock, and it could be much less
As you review these materials, please keep the following in mind:ĭesigned to provide approximately $107.53 of Synchrony common stock for each $100 of GE common stock, subject to an upper limit, as described in the Prospectus Synchrony Stock Fund Units, on the terms and conditions described in the attached Notice and Election Form. As a participant in a 401(k) plan sponsored by a GE Affiliate (∺ffiliate 401(k) Plan, the Plan), as delineated below, you may exchange your GE Stock Fund Units in the Plan for Stock, as described in the attached Prospectus. Please review the Notice, Election Form, Profile, and Prospectus included in this package to fully understand the offer. This page does not contain all of the information that you will need to make a decision regarding whether to participate in the exchange The Synchrony Stock Fund is expected to have a limited duration in RSP of Your RSP account will be restricted and you will not be able to perform certain transactions for a Your election will apply to your GE Stock Fund holdings as of the end of the RSPs election period, no matter when you submit your election Period and can withdraw your election entirely for a brief period after the RSPs election period ends You can change your election throughout RSPs election The applicable election deadlines for RSP participants are different than for other shareowners to The exchange will be a tax-free transaction If the exchange offer is oversubscribed and GE accepts fewer shares than those tendered, your election will be prorated Limit is in effect, less than $107.53 of Synchrony stock may be provided for each $100 of GE stock, and it could be much lessīoth the GE Stock Fund and the Synchrony Stock Fund have a relatively small cash component $100 of GE common stock, subject to an upper limit, as described in the Prospectus The exchange offer is designed to provide approximately $107.53 of Synchrony common stock for each
As you review these materials, please keep the following in mind: As a participant in the GE Retirement Savings Plan, you may exchange your GE Stock Fund Units in the RSP for Synchrony Stock Fund Units, on the terms and conditions described in the attached Notice, General Electric Company is offering to exchange shares of Synchrony Financial common stock for shares of GEs common
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