SEC Form 4 · accession 0001179706-15-000055
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajiv Gupta
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 | — | — | — | 22,975 | 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 | — | Jul 2, 2014 | A | 51 | A | — | — | Common Stock | 51 | 2,791 | D |
| Restricted Stock UnitsF4,F2 | — | Apr 20, 2015 | A | 2,619 | A | — | — | Common Stock | 2,619 | 2,619 | D |
| Nonemployee Stock Option (Right to Buy)F5,F6,F7 | $33.41 | Apr 20, 2015 | A | 12,447 | A | Apr 20, 2016 | Apr 20, 2025 | Common Stock | 12,447 | 12,447 | 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 2,740 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. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 50.6741 dividends being reported reflect 12.9398 dividends at $33.88 per share deferred on 07/02/14; 12.6889 dividends at $34.55 per share deferred on 10/01/14; 11.0345 dividends at $39.73 per share deferred on 01/07/15; and 14.0109 dividends at $31.29 per share deferred on 04/01/15.
- F4On 04/20/15 the reporting person was granted 2,619 RSUs, all of which will cliff vest on 04/20/16.
- F5These options were acquired under HP's Second Amended and Restated 2004 Stock Incentive Plan.
- F6This option will cliff vest and become exercisable beginning on this date.
- F7This option is no longer exercisable beginning on this date.