SEC Form 4 · accession 0001179706-15-000107
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine A Lesjak
Officer — EVP & CFO
Period of report
Jun 27, 2015
Accepted (ET)
Jun 29, 2015 · 5:03 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 | Jun 27, 2015 | M | 93,096 | $30.53 | A | 93,096 | D | |
| Common Stock | Jun 27, 2015 | F | 46,563 | $30.53 | D | 46,533 | D | |
| Common Stock | holding | — | — | — | 306 | I | By Spouse |
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 | — | Jun 27, 2015 | M | 93,096 | D | — | — | Common Stock | 93,096 | 0 | D |
| Restricted Stock UnitsF3,F1 | — | Apr 1, 2015 | A | 185 | A | — | — | Common Stock | 185 | 38,157 | D |
| Restricted Stock UnitsF4,F1 | — | Apr 1, 2015 | A | 208 | A | — | — | Common Stock | 208 | 41,900 | D |
| Restricted Stock UnitsF5,F1 | — | Apr 1, 2015 | A | 226 | A | — | — | Common Stock | 226 | 44,569 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 06/27/11 the reporting person was granted 85,764 restricted stock units ("RSUs") which vested on 06/27/15 subject to acceleration based on certain stock performance conditions. 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 438.5503 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 7,332 vested dividend equivalent rights and a de minimus adjustment of 0.3352 due to fractional rounding of the dividend equivalent rights.
- F3As previously reported, on 12/06/12 the reporting person was granted 108,460 RSUs, 36,153 of which vested on each of 12/06/13 and 12/06/14, and 36,154 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 184.8718 dividend equivalent rights being reported reflect 184.8718 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 61,134 RSUs, 20,378 of which vested on 12/11/14, and 20,378 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 208.4040 dividend equivalent rights being reported reflect 208.4040 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
- F5As previously reported, on 12/10/14 the reporting person was granted 44,165 RSUs, 14,721 of which will vest on 12/10/15, and 14,722 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 225.8357 dividend equivalent rights being reported reflect 225.8357 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.