SEC Form 4 · accession 0001179706-15-000006
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine A Lesjak
Officer — EVP & CFO
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 6:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000047217
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2015 | M | 109,729 | $27.34 | A | 109,729 | D | |
| Common StockF3,F4 | Jan 15, 2015 | S | 109,729 | $38.5549 | D | 0 | D | |
| Common Stock | Jan 15, 2015 | M | 506,146 | $13.83 | A | 506,146 | D | |
| Common StockF3,F4 | Jan 15, 2015 | S | 506,146 | $38.5549 | D | 0 | D | |
| Common Stock | Jan 15, 2015 | M | 83,345 | $26.99 | A | 83,345 | D | |
| Common StockF3,F4 | Jan 15, 2015 | S | 83,345 | $38.5549 | D | 0 | D | |
| Common StockF4,F2 | Jan 15, 2015 | S | 76,379 | $38.5549 | D | 0 | I | By Joint Account with Spouse |
| Common StockF5 | holding | — | — | — | 306 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F6,F7 | $27.34 | Jan 15, 2015 | M | 109,729 | D | Jun 20, 2014 | Dec 12, 2019 | Common Stock | 109,729 | 109,730 | D |
| Employee Stock Option (right to buy)F6,F7 | $13.83 | Jan 15, 2015 | M | 506,146 | D | Dec 6, 2014 | Dec 6, 2020 | Common Stock | 506,146 | 506,147 | D |
| Employee Stock Option (right to buy)F6,F7 | $26.99 | Jan 15, 2015 | M | 83,345 | D | Dec 11, 2014 | Dec 11, 2021 | Common Stock | 83,345 | 166,691 | D |
| Restricted Stock UnitsF9,F8 | — | Jan 7, 2015 | A | 345 | A | — | — | Common Stock | 345 | 92,657 | D |
| Restricted Stock UnitsF10,F8 | — | Jan 7, 2015 | A | 146 | A | — | — | Common Stock | 146 | 37,973 | D |
| Restricted Stock UnitsF11,F8 | — | Jan 7, 2015 | A | 164 | A | — | — | Common Stock | 164 | 41,691 | D |
| Restricted Stock UnitsF12,F8 | — | Jan 7, 2015 | A | 178 | A | — | — | Common Stock | 178 | 44,343 | D |
Explanation of responses
- F1The total direct beneficial ownership reflects a decrease of 76,379 shares due to the transfer of 76,379 shares into a Joint Account with the reporting person's spouse on 01/13/15.
- F10As previously reported, on 12/06/12 the reporting person was granted 108,460 RSUs, 36,153 of which vested on each of 12/06/13 and 12/06/14, and 36,154 of which will vest on 12/06/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 145.5988 dividend equivalent rights being reported reflect 145.5988 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F11As previously reported, on 12/11/13 the reporting person was granted 61,134 RSUs, 20,378 of which will vest on each of 12/11/14, 12/11/15, and 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 164.1319 dividend equivalent rights being reported reflect 164.1319 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F12As previously reported, on 12/10/14 the reporting person was granted 44,165 RSUs, 14,721 of which will vest on 12/10/15, and 14,722 of which will vest on each of 12/10/16 and 12/10/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 177.8606 dividend equivalent rights being reported reflect 177.8606 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F2The total indirect beneficial ownership reflects an increase of 76,379 shares due to the transfer of 76,379 shares previously reported as being held directly by the reporting person into a Joint Account with the reporting person's spouse on 01/13/15.
- F3The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 10/17/14.
- F4The price in Column 4 is a weighted average price. The prices actually paid ranged from $38.1800 to $39.6300. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff information regarding the number of shares purchased at each price within the range.
- F5There is no reportable change since the last filing. This is a reiteration of holdings only.
- F6This option became exercisable beginning on this date.
- F7This option is no longer exercisable beginning on this date.
- F8Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F9As previously reported, on 06/27/11 the reporting person was granted 85,764 restricted stock units ("RSUs") which will vest on 06/27/15 subject to acceleration based on certain stock performance conditions. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 345.3874 dividend equivalent rights being reported reflect 345.3874 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.