Sec Form 3 Filing - Ielusic Walter F @ GENERAL ELECTRIC CO - 2008-03-15

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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1. Name and Address of Reporting Person Ielusic Walter F 2. Issuer Name and Ticker or Trading Symbol GENERAL ELECTRIC CO [ GE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Vice President (Last) (First) (Middle) GENERAL ELECTRIC COMPANY, 3135 EASTON TURNPIKE 3. Date of Earliest Transaction (MM/DD/YY) 03/15/2008 (Street) FAIRFIELD, CT06828 4. If Amendment, Date Original Filed (MM/DD/YY) 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 Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 676 I by 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Phantom Stock Units ( 1 ) ( 1 ) ( 1 ) Common Stock 1,032 D Restricted Stock Units ( 2 ) ( 3 ) ( 3 ) Common Stock 334 D Restricted Stock Units ( 2 ) ( 4 ) ( 4 ) Common Stock 800 D Restricted Stock Units ( 2 ) ( 5 ) ( 5 ) Common Stock 5,000 D Restricted Stock Units ( 2 ) ( 6 ) ( 6 ) Common Stock 667 D Restricted Stock Units ( 2 ) ( 7 ) ( 7 ) Common Stock 15,000 D Restricted Stock Units ( 2 ) ( 8 ) ( 8 ) Common Stock 2,500 D Employee Stock Options (right to buy) ( 9 ) $ 42.33 09/14/2003 03/14/2010 Common Stock 4,500 D Employee Stock Options (right to buy) ( 9 ) $ 43.75 09/26/2004 07/26/2011 Common Stock 4,500 D Employee Stock Options (right to buy) ( 9 ) $ 35.48 09/26/2004 09/26/2011 Common Stock 2,250 D Employee Stock Options (right to buy) ( 10 ) $ 30.03 05/10/2005 05/10/2014 Common Stock 3,000 D Employee Stock Options (right to buy) ( 10 ) $ 33.97 04/21/2007 04/21/2016 Common Stock 3,600 D Employee Stock Options (right to buy) ( 10 ) $ 34.01 09/08/2007 09/08/2016 Common Stock 2,000 D Employee Stock Options (right to buy) ( 10 ) $ 38.75 09/07/2008 09/07/2017 Common Stock 7,500 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Ielusic Walter F GENERAL ELECTRIC COMPANY 3135 EASTON TURNPIKE FAIRFIELD, CT06828 Vice President Signatures Elizabeth Nemeth on behalf of Walter F. Ielusic 03/17/2008 Signature of Reporting Person Date

Explanation of Responses:

( 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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(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).

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