SEC Form 4 · accession 0001179706-15-000093
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Youngjohns
Officer — EVP and GM, HP Software
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 5:21 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 26, 2015 | M | 25,253 | $18.10 | A | 44,023 | D | |
| Common StockF1 | May 26, 2015 | S | 25,253 | $33.3509 | D | 18,770 | D | |
| Common Stock | May 26, 2015 | M | 72,632 | $17.21 | A | 91,402 | D | |
| Common StockF1 | May 26, 2015 | S | 72,632 | $33.3509 | D | 18,770 | D | |
| Common Stock | May 26, 2015 | M | 19,300 | $26.99 | A | 38,070 | D | |
| Common StockF1 | May 26, 2015 | S | 19,300 | $33.3509 | D | 18,770 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $18.10 | May 26, 2015 | M | 25,253 | D | Sep 19, 2013 | Sep 19, 2020 | Common Stock | 25,253 | 25,254 | D |
| Employee Stock Option (Right to Buy)F2 | $17.21 | May 26, 2015 | M | 72,632 | D | Jan 16, 2014 | Jan 16, 2021 | Common Stock | 72,632 | 72,633 | D |
| Employee Stock Option (Right to Buy)F2 | $26.99 | May 26, 2015 | M | 19,300 | D | Dec 11, 2014 | Dec 11, 2021 | Common Stock | 19,300 | 38,600 | D |
| Restricted Stock UnitsF4,F3 | — | Apr 1, 2015 | A | 213 | A | — | — | Common Stock | 213 | 43,976 | D |
| Restricted Stock UnitsF5,F3 | — | Apr 1, 2015 | A | 124 | A | — | — | Common Stock | 124 | 25,340 | D |
| Restricted Stock UnitsF6,F3 | — | Apr 1, 2015 | A | 66 | A | — | — | Common Stock | 66 | 13,228 | D |
| Restricted Stock UnitsF7,F3 | — | Apr 1, 2015 | A | 149 | A | — | — | Common Stock | 149 | 29,445 | D |
| Restricted Stock UnitsF8,F3 | — | Apr 1, 2015 | A | 164 | A | — | — | Common Stock | 164 | 32,414 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually paid ranged from $33.28 to $33.42. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff information regarding the number of shares purchased at each price within the range.
- F2This option became exercisable beginning on this date.
- F3Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F4As previously reported, on 09/19/12 the reporting person was granted 125,000 restricted stock units ("RSUs"), 41,666 of which vested on 09/19/13, 41,667 of which vested on 09/19/14, and 41,667 of which will vest on 09/19/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 213.0623 dividend equivalent rights being reported reflect 213.0623 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F5As previously reported, on 01/16/13 the reporting person was granted 72,633 RSUs, 24,211 of which vested on each of 01/16/14 and 01/16/15, and 24,211 of which will vest on 01/16/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 123.8019 dividend equivalent rights being reported reflect 123.8019 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F6As previously reported, on 12/11/13 the reporting person was granted 19,300 RSUs, 6,433 of which vested on 12/11/14, 6,433 of which will vest on 12/11/15, and 6,434 of which will vest on 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 65.7948 dividend equivalent rights being reported reflect 65.7948 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F7As previously reported, on 07/17/14, the reporting person was granted 29,045 RSUs, 9,681 of which will vest on 07/17/15, and 9,682 of which will vest on each of 07/17/16 and 07/17/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 148.5203 dividend equivalent rights being reported reflect 148.5203 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F8As previously reported, on 12/10/14 the reporting person was granted 32,120 RSUs, 10,706 of which will vest on 12/10/15, and 10,707 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 164.2442 dividend equivalent rights being reported reflect 164.2442 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.