SEC Form 4 · accession 0001179706-15-000023
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff T Ricci
Officer — SVP, Controller & PAO
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 5:31 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 | Feb 19, 2015 | M | 3,473 | $38.38 | A | 3,473 | D | |
| Common Stock | Feb 19, 2015 | F | 1,302 | $38.38 | D | 2,171 | 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 | 9 | A | — | — | Common Stock | 9 | 2,363 | D |
| Restricted Stock UnitsF3,F1 | — | Feb 19, 2015 | M | 3,473 | D | — | — | Common Stock | 3,473 | 3,472 | D |
| Restricted Stock UnitsF4,F1 | — | Jan 7, 2015 | A | 26 | A | — | — | Common Stock | 26 | 6,633 | D |
| Restricted Stock UnitsF5,F1 | — | Jan 7, 2015 | A | 50 | A | — | — | Common Stock | 50 | 12,667 | D |
| Restricted Stock UnitsF6,F1 | — | Jan 7, 2015 | A | 27 | A | — | — | Common Stock | 27 | 6,719 | 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 6,750 restricted stock units ("RSUs"), 2,250 of which vested on each of 12/06/13 and 12/06/14, and 2,250 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 9.0612 dividend equivalent rights being reported reflect 9.0612 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F3As previously reported, on 02/19/13 the reporting person was granted 10,000 RSUs, 3,333 of which vested on each of 02/19/14 and 02/19/15, and 3,334 of which will vest on 02/19/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities beneficially owned immediately prior to the transaction being reported includes 26.8492 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15. The number of derivative securities in column 5 includes 140 vested dividend equivalent rights and a de minimus adjustment of 0.9885 due to fractional rounding of the dividend equivalent rights.
- F4As previously reported, on 12/11/13 the reporting person was granted 9,726 RSUs, 3,242 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 26.1123 dividend equivalent rights being reported reflect 26.1123 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.
- F5As previously reported, on 05/23/14 the reporting person was granted 12,500 RSUs, 4,166 of which will vest on 05/23/15, and 4,167 of which will vest on each of 05/23/16 and 05/23/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 50.3398 dividend equivalent rights being reported reflect 50.3398 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 6,692 RSUs, 2,230 of which will vest on 12/10/15, and 2,231 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 26.9499 dividend equivalent rights being reported reflect 26.9499 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.