SEC Form 4 · accession 0001179706-15-000017
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Youngjohns
Officer — EVP and GM, HP Software
Period of report
Jan 16, 2015
Accepted (ET)
Jan 21, 2015 · 6:17 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 | 25,217 | $38.34 | A | 28,351 | D | |
| Common Stock | Jan 16, 2015 | F | 9,581 | $38.34 | D | 18,770 | 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 | 168 | A | — | — | Common Stock | 168 | 43,763 | D |
| Restricted Stock UnitsF3,F1 | — | Jan 16, 2015 | M | 25,217 | D | — | — | Common Stock | 25,217 | 25,216 | D |
| Restricted Stock UnitsF4,F1 | — | Jan 7, 2015 | A | 52 | A | — | — | Common Stock | 52 | 13,162 | D |
| Restricted Stock UnitsF5,F1 | — | Jan 7, 2015 | A | 117 | A | — | — | Common Stock | 117 | 29,296 | D |
| Restricted Stock UnitsF6,F1 | — | Jan 7, 2015 | A | 129 | A | — | — | Common Stock | 129 | 32,249 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 09/19/12 the reporting person was granted 125,000 restricted stock units ("RSUs"), 41,666 of which vested on 09/19/13, 41,667 of which vested on 09/19/14, and 41,667 of which will vest on 09/19/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 167.8007 dividend equivalent rights being reported reflect 167.8007 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 72,633 RSUs, 24,211 of which vested on each of 01/16/14 and 01/16/15, and 24,211 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 1,006 vested dividend equivalent rights and a de minimus adjustment of 0.8896 due to fractional rounding of the dividend equivalent rights.
- F4As previously reported, on 12/11/13 the reporting person was granted 19,300 RSUs, 6,433 of which vested on 12/11/14, 6,433 of which will vest on 12/11/15, and 6,434 of which will vest on 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 51.8178 dividend equivalent rights being reported reflect 51.8178 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F5As previously reported, on 07/17/14, the reporting person was granted 29,045 RSUs, 9,681 of which will vest on 07/17/15, and 9,682 of which will vest on each of 07/17/16 and 07/17/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 116.9695 dividend equivalent rights being reported reflect 116.9695 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F6As previously reported, on 12/10/14 the reporting person was granted 32,120 RSUs, 10,706 of which will vest on 12/10/15, and 10,707 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 129.3531 dividend equivalent rights being reported reflect 129.3531 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.