SEC Form 4 · accession 0001179706-15-000113
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dion J Weisler
Officer — EVP, PPSG
Period of report
Aug 1, 2015
Accepted (ET)
Aug 4, 2015 · 7:19 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 | Aug 1, 2015 | M | 13,887 | $30.52 | A | 13,887 | 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 | — | Apr 1, 2015 | A | 145 | A | — | — | Common Stock | 145 | 14,149 | D |
| Restricted Stock UnitsF3,F1 | — | Aug 1, 2015 | M | 13,887 | D | — | — | Common Stock | 13,887 | 13,885 | D |
| Restricted Stock UnitsF4,F1 | — | Apr 1, 2015 | A | 403 | A | — | — | Common Stock | 403 | 38,305 | D |
| Restricted Stock UnitsF5,F1 | — | Apr 1, 2015 | A | 481 | A | — | — | Common Stock | 481 | 44,823 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 12/06/12 the reporting person was granted 40,000 restricted stock units ("RSUs"), 13,333 of which vested on each of 12/06/13 and 12/06/14, and 13,334 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 145.0761 dividend equivalent rights being reported reflect 68.1828 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15, and 76.8933 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.
- F3As previously reported, on 08/01/13 the reporting person was granted 40,031 RSUs, 13,343 of which vested on 08/01/14, 13,344 of which vested on 08/01/15, and 13,344 of which will vest on 08/01/16. 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 136.4679 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15, and 153.9020 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 543 vested dividend equivalent rights and a de minimus adjustment of 0.5613 due to fractional rounding of the dividend equivalent rights.
- F4As previously reported, on 12/11/13 the reporting person was granted 55,577 RSUs, 18,525 of which vested on 12/11/14, and 18,526 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 403.1319 dividend equivalent rights being reported reflect 189.4637 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15, and 213.6682 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.
- 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 480.5225 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, and 254.6868 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.