SEC Form 4 · accession 0001179706-15-000056
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Klaus Kleinfeld
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 Stock | holding | — | — | — | 0 | 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 | — | Oct 1, 2014 | A | 44 | A | — | — | Common Stock | 44 | 3,219 | D |
| Restricted Stock UnitsF3,F1 | — | Apr 20, 2015 | A | 4,116 | A | — | — | Common Stock | 4,116 | 4,116 | D |
| Nonemployee Stock Option (Right to Buy)F4,F5,F6 | $33.41 | Apr 20, 2015 | A | 19,559 | A | Apr 20, 2016 | Apr 20, 2025 | Common Stock | 19,559 | 19,559 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 07/17/14 the reporting person was granted 3,175 restricted stock units ("RSUs"), all of which will cliff vest on 07/16/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 43.7248 dividends being reported reflect 14.7033 dividends at $34.55 per share deferred on 10/01/14; 12.7863 dividends at $39.73 per share deferred on 01/07/15; and 16.2352 dividends at $31.29 per share deferred on 04/01/15.
- F3On 04/20/15 the reporting person was granted 4,116 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.
- F4These options were acquired under HP's Second Amended and Restated 2004 Stock Incentive Plan.
- F5This option will cliff vest and become exercisable beginning on this date.
- F6This option is no longer exercisable beginning on this date.