Edgar Filing: GENERAL ELECTRIC CO

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Ielusic Walter F

2. Date of Event Requiring Statement (Month/Day/Year)
03/15/2008

3. Issuer Name and Ticker or Trading Symbol
GENERAL ELECTRIC CO [GE]

(Last)

(First)

(Middle)

GENERAL ELECTRIC COMPANY,Â 3135 EASTON TURNPIKE

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Vice President

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

FAIRFIELD,Â CTÂ 06828

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	676	I	by 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Phantom Stock Units	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	1,032	$ ⁽¹⁾	D	Â
Restricted Stock Units	Â ⁽³⁾	Â ⁽³⁾	Common Stock	334	$ ⁽²⁾	D	Â
Restricted Stock Units	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	800	$ ⁽²⁾	D	Â
Restricted Stock Units	Â ⁽⁵⁾	Â ⁽⁵⁾	Common Stock	5,000	$ ⁽²⁾	D	Â
Restricted Stock Units	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	667	$ ⁽²⁾	D	Â
Restricted Stock Units	Â ⁽⁷⁾	Â ⁽⁷⁾	Common Stock	15,000	$ ⁽²⁾	D	Â
Restricted Stock Units	Â ⁽⁸⁾	Â ⁽⁸⁾	Common Stock	2,500	$ ⁽²⁾	D	Â
Employee Stock Options (right to buy) ⁽⁹⁾	09/14/2003	03/14/2010	Common Stock	4,500	$ 42.33	D	Â
Employee Stock Options (right to buy) ⁽⁹⁾	09/26/2004	07/26/2011	Common Stock	4,500	$ 43.75	D	Â
Employee Stock Options (right to buy) ⁽⁹⁾	09/26/2004	09/26/2011	Common Stock	2,250	$ 35.48	D	Â
Employee Stock Options (right to buy) ⁽¹⁰⁾	05/10/2005	05/10/2014	Common Stock	3,000	$ 30.03	D	Â
Employee Stock Options (right to buy) ⁽¹⁰⁾	04/21/2007	04/21/2016	Common Stock	3,600	$ 33.97	D	Â
Employee Stock Options (right to buy) ⁽¹⁰⁾	09/08/2007	09/08/2016	Common Stock	2,000	$ 34.01	D	Â
Employee Stock Options (right to buy) ⁽¹⁰⁾	09/07/2008	09/07/2017	Common Stock	7,500	$ 38.75	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Ielusic Walter F GENERAL ELECTRIC COMPANY 3135 EASTON TURNPIKE FAIRFIELD,Â CTÂ 06828	Â	Â	Â Vice President	Â

Signatures

Elizabeth Nemeth on behalf of Walter F. Ielusic		03/17/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Each unit of phantom stock is the economic equivalent of one share of common stock. These units can be reallocated into other plan investments and are payable in cash after termination of employment. Total includes accrued dividends.
(2)	1 for 1.
(3)	667 units granted 05/10/04; Vesting schedule : 333 units on third anniversary; 334 units on fifth anniversary.
(4)	800 units granted 04/21/06; Vesting schedule : 50% on third anniversary; 50% on fifth anniversary.
(5)	5,000 units granted 06/08/06; Vesting schedule : 25% on third anniversary; 25% on fifth anniversary; 25% on seventh; 25% on tenth anniversary.
(6)	667 units granted 09/08/06; Vesting schedule : 333 units on third anniversary; 334 units on fifth anniversary.
(7)	15,000 units granted 07/26/07; Vesting schedule : 20% on first anniversary; 20% on second anniversary; 20% on third anniverary; 20% on fourth anniversary; 20% on fifth anniversary.
(8)	2,500 units granted 09/07/07; Vesting schedule : 20% on first anniversary; 20% on second anniversary; 20% on third anniverary; 20% on fourth anniversary; 20% on fifth anniversary.
(9)	The options become exercisable in two equal installments of 50% each, beginning on the "Date Exercisable" shown to the right, and another 50% two years thereafter.
(10)	The options become exercisable in five equal installments of 20% each, beginning on the "Date Exercisable" shown to the right, and another 20% each year thereafter.

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