SEC Form 4 · accession 0001179706-15-000014
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Hinshaw
Officer — EVP, Technology and Operations
Period of report
Jan 16, 2015
Accepted (ET)
Jan 21, 2015 · 6:16 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 Stock | Jan 16, 2015 | M | 4,540 | $38.34 | A | 19,288 | D | |
| Common Stock | Jan 16, 2015 | F | 1,804 | $38.34 | D | 17,484 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Jan 7, 2015 | A | 66 | A | — | — | Common Stock | 66 | 17,277 | D |
| Restricted Stock UnitsF3,F1 | — | Jan 16, 2015 | M | 4,540 | D | — | — | Common Stock | 4,540 | 4,538 | D |
| Restricted Stock UnitsF4,F1 | — | Jan 7, 2015 | A | 93 | A | — | — | Common Stock | 93 | 23,500 | D |
| Restricted Stock UnitsF5,F1 | — | Jan 7, 2015 | A | 100 | A | — | — | Common Stock | 100 | 24,993 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 12/06/12 the reporting person was granted 49,350 Restricted Stock Units ("RSUs"), 16,450 of which vested on 12/06/13, 16,450 of which vested on 12/06/14, and 16,450 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 66.2472 dividend equivalent rights being reported reflect 66.2472 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F3As previously reported, on 01/16/13 the reporting person was granted 13,074 RSUs, 4,358 of which vested on each of 01/16/14 and 01/16/15, and 4,358 of which will vest on 01/16/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 182 vested dividend equivalent rights and a de minimus adjustment of 0.7195 due to fractional rounding of the dividend equivalent rights.
- F4As previously reported, on 12/11/13 the reporting person was granted 34,458 RSUs, 11,486 of which vested on 12/11/14, and 11,486 of which will vest on each of 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 92.5125 dividend equivalent rights being reported reflect 92.5125 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F5As previously reported, on 12/10/14 the reporting person was granted 24,893 RSUs, 8,297 of which will vest on 12/10/15, and 8,298 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 100.2487 dividend equivalent rights being reported reflect 100.2487 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.