SEC Form 4 · accession 0001179706-15-000071
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc L Andreessen
Director
Period of report
Apr 21, 2015
Accepted (ET)
Apr 23, 2015 · 5:01 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 StockF2 | Apr 21, 2015 | M | 8,769 | $0.00 | A | 35,267 | I | By Merrill Lynch |
| Common StockF1 | holding | — | — | — | 14,472 | 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 UnitsF4,F3 | — | Apr 21, 2015 | M | 8,769 | D | — | — | Common Stock | 8,769 | 0 | D |
Explanation of responses
- F1There is no reportable change since the last filing. This is a reiteration of holdings only.
- F2The reporting person elected to defer the receipt of common stock until the termination of his service as a member of the HP's Board of Directors.
- F3Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F4As previously reported, on 04/21/14 the reporting person was granted 8,610 restricted stock units ("RSUs"), all of which cliff vested on 04/21/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. These RSUs cliff vested on 04/21/15, at which time the vested shares were deferred as noted in footnote (2) above. The number of derivative securities in column 5 includes 159.2346 vested dividend equivalent rights.