SEC Form 4 · accession 0001179706-15-000089
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff T Ricci
Officer — SVP, Controller & PAO
Period of report
May 23, 2015
Accepted (ET)
May 27, 2015 · 6:04 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 | May 23, 2015 | M | 4,244 | $34.76 | A | 4,244 | D | |
| Common Stock | May 23, 2015 | F | 1,596 | $34.76 | D | 2,648 | 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 1, 2015 | A | 12 | A | — | — | Common Stock | 12 | 2,375 | D |
| Restricted Stock UnitsF3,F1 | — | Apr 1, 2015 | A | 17 | A | — | — | Common Stock | 17 | 3,489 | D |
| Restricted Stock UnitsF4,F1 | — | Apr 1, 2015 | A | 33 | A | — | — | Common Stock | 33 | 6,666 | D |
| Restricted Stock UnitsF5,F1 | — | May 23, 2015 | M | 4,244 | D | — | — | Common Stock | 4,244 | 8,488 | D |
| Restricted Stock UnitsF6,F1 | — | Apr 1, 2015 | A | 34 | A | — | — | Common Stock | 34 | 6,753 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 12/06/12 the reporting person was granted 6,750 restricted stock units ("RSUs"), 2,250 of which vested on each of 12/06/13 and 12/06/14, and 2,250 of which will vest on 12/06/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 11.5053 dividend equivalent rights being reported reflect 11.5053 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F3As previously reported, on 02/19/13 the reporting person was granted 10,000 RSUs, 3,333 of which vested on each of 02/19/14 and 02/19/15, and 3,334 of which will vest on 02/19/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 17.0483 dividend equivalent rights being reported reflect 17.0483 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F4As previously reported, on 12/11/13 the reporting person was granted 9,726 RSUs, 3,242 of which vested on 12/11/14, and 3,242 of which will vest on each of 12/11/15 and 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 33.1556 dividend equivalent rights being reported reflect 33.1556 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F5As previously reported, on 05/23/14 the reporting person was granted 12,500 RSUs, 4,166 of which vested on 05/23/15, and 4,167 of which will vest on each of 05/23/16 and 05/23/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities beneficially owned immediately prior to the transaction being reported includes 63.9182 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15. The number of derivative securities in column 5 includes 78 vested dividend equivalent rights and a de minimus adjustment of 0.8230 due to fractional rounding of the dividend equivalent rights.
- F6As previously reported, on 12/10/14 the reporting person was granted 6,692 RSUs, 2,230 of which will vest on 12/10/15, and 2,231 of which will vest on each of 12/10/16 and 12/10/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 34.2192 dividend equivalent rights being reported reflect 34.2192 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.