SEC Form 4 · accession 0001179706-15-000111
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
Jul 17, 2015
Accepted (ET)
Jul 21, 2015 · 6:28 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 17, 2015 | M | 9,871 | $30.36 | A | 28,641 | D | |
| Common Stock | Jul 17, 2015 | F | 5,152 | $30.36 | D | 23,489 | D | |
| Common StockF1 | Jul 21, 2015 | S | 4,719 | $30.18 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | — | Jul 1, 2015 | A | 240 | A | — | — | Common Stock | 240 | 44,216 | D |
| Restricted Stock UnitsF4,F2 | — | Jul 1, 2015 | A | 140 | A | — | — | Common Stock | 140 | 25,479 | D |
| Restricted Stock UnitsF5,F2 | — | Jul 1, 2015 | A | 74 | A | — | — | Common Stock | 74 | 13,302 | D |
| Restricted Stock UnitsF6,F2 | — | Jul 17, 2015 | M | 9,871 | D | — | — | Common Stock | 9,871 | 19,742 | D |
| Restricted Stock UnitsF7,F2 | — | Jul 1, 2015 | A | 185 | A | — | — | Common Stock | 185 | 32,599 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 06/03/15.
- F2Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F3As 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 240.2815 dividend equivalent rights being reported reflect 240.2815 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.
- F4As 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 139.6178 dividend equivalent rights being reported reflect 139.6178 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.
- F5As 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 74.2003 dividend equivalent rights being reported reflect 74.2003 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.
- F6As previously reported, on 07/17/14, the reporting person was granted 29,045 RSUs, 9,681 of which vested 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 167.4941 dividend equivalent rights being reported reflect 167.4941 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 190 vested dividend equivalent rights and a de minimus adjustment of 0.5096 due to fractional rounding of the dividend equivalent rights.
- F7As 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 185.2267 dividend equivalent rights being reported reflect 185.2267 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.