SEC Form 4 · accession 0001179706-15-000057
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond J. Lane
Director
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 4:42 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 | — | — | — | 262,618 | 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 | 159 | A | — | — | Common Stock | 159 | 8,769 | D |
| Restricted Stock UnitsF4,F2 | — | Apr 20, 2015 | A | 8,231 | A | — | — | Common Stock | 8,231 | 8,231 | 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 8,610 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 159.2346 dividends being reported reflect 40.6612 dividends at $33.88 per share deferred on 07/02/14; 39.8726 dividends at $34.55 per share deferred on 10/01/14; 34.6740 dividends at $39.73 per share deferred on 01/07/15; and 44.0268 dividends at $31.29 per share deferred on 04/01/15.
- F4On 04/20/15 the reporting person was granted 8,231 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.