SEC Form 4 · accession 0001179706-15-000054
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Bennett
Director
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 4:41 pm EDT
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 | holding | — | — | — | 4,262 | 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 UnitsF3,F2 | — | Oct 1, 2014 | A | 75 | A | — | — | Common Stock | 75 | 5,581 | D |
| Restricted Stock UnitsF4,F2 | — | Apr 20, 2015 | A | 5,238 | A | — | — | Common Stock | 5,238 | 5,238 | D |
Explanation of responses
- F1There is no reportable change since the last filing. This is a reiteration of holdings only.
- F2Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F3As previously reported, on 04/21/14 the reporting person was granted 5,480 restricted stock units ("RSUs"), all of which will cliff vest on 04/21/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 75.4684 dividends being reported reflect 25.3777 dividends at $34.55 per share deferred on 10/01/14; 22.0690 dividends at $39.73 per share deferred on 01/07/15; and 28.0217 dividends at $31.29 per share deferred on 04/01/15.
- F4On 04/20/15 the reporting person was granted 5,238 RSUs, all of which will cliff vest on 04/20/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.