SEC Form 4 · accession 0001179706-15-000073
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Bennett
Director
Period of report
Apr 21, 2015
Accepted (ET)
Apr 23, 2015 · 5:02 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 | Apr 21, 2015 | M | 5,582 | $0.00 | A | 9,844 | 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 | — | Apr 21, 2015 | M | 5,582 | D | — | — | Common Stock | 5,582 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 04/21/14 the reporting person was granted 5,480 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 delivered to the reporting person. The number of derivative securities in column 5 includes 102 vested dividend equivalent rights and a de minimus adjustment of 0.6520 due to fractional rounding of the dividend equivalent rights.