SEC Form 4 · accession 0001179706-15-000074
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajiv Gupta
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 | 2,791 | $0.00 | A | 25,766 | 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 | 2,791 | D | — | — | Common Stock | 2,791 | 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 2,740 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. 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 51 vested dividend equivalent rights and a de minimus adjustment of 0.3259 due to fractional rounding of the dividend equivalent rights.