SEC Form 4 · accession 0001179706-15-000103
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Veghte
Officer — EVP and GM EG
Period of report
Jun 4, 2015
Accepted (ET)
Jun 9, 2015 · 6:29 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,F1 | Jun 4, 2015 | S | 17,255 | $33.4881 | D | 65,313 | 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 1, 2015 | A | 203 | A | — | — | Common Stock | 203 | 41,973 | D |
| Restricted Stock UnitsF5,F3 | — | Apr 1, 2015 | A | 281 | A | — | — | Common Stock | 281 | 56,539 | D |
| Restricted Stock UnitsF6,F3 | — | Apr 1, 2015 | A | 227 | A | — | — | Common Stock | 227 | 45,709 | D |
Explanation of responses
- F1The total beneficial ownership includes 9.3360 shares at $40.6161 per share acquired through dividends paid in shares under the HP 2011 Employee Stock Purchase Plan ("ESPP") on 01/08/15, and 12.0280 shares at $31.62 per share acquired through dividends paid in shares under the ESPP on 04/02/15 with respect to shares held under the ESPP.
- F2The price in Column 4 is a weighted average price. The prices actually paid ranged from $33.4757 to $33.5051. 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.
- F3Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F4As previously reported, on 12/06/12 the reporting person was granted 119,306 restricted stock units ("RSUs"), 39,768 of which vested on 12/06/13, 39,769 of which vested on 12/06/14, and 39,769 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 203.3570 dividend equivalent rights being reported reflect 203.3570 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F5As previously reported, on 09/18/13 the reporting person was granted 82,494 RSUs, 27,498 of which vested on 09/18/14, and 27,498 of which will vest on each of 09/18/15 and 09/18/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 281.2196 dividend equivalent rights being reported reflect 281.2196 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 66,692 RSUs, 22,230 of which vested on 12/11/14, and 22,231 of which will vest on each of 12/11/15 and 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when as as dividends are paid on HP common stock. The 227.3544 dividend equivalent rights being reported reflect 227.3544 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.