SEC Form 4 · accession 0001179706-15-000109
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Klaus Kleinfeld
Director
Period of report
Jul 16, 2015
Accepted (ET)
Jul 20, 2015 · 6:13 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 | Jul 16, 2015 | M | 3,238 | $0.00 | A | 3,238 | 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 | — | Jul 16, 2015 | M | 3,238 | D | — | — | Common Stock | 3,238 | 0 | D |
| Restricted Stock UnitsF3,F1 | — | Jul 1, 2015 | A | 24 | A | — | — | Common Stock | 24 | 4,140 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 07/17/14 the reporting person was granted 3,175 restricted stock units ("RSUs"), all of which cliff vested on 07/16/15. 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 18.3093 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15. The number of derivative securities in column 5 includes 63 vested dividend equivalent rights and a de minimus adjustment of 0.9659 due to fractional rounding of the dividend equivalent rights.
- F3As previously reported, on 04/20/15 the reporting person was granted 4,116 RSUs, all of which will cliff vest on 04/20/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 23.7358 dividends being reported reflect 23.7358 dividends at $30.52 per share deferred on 07/01/15.