SEC Form 4 · accession 0001179706-15-000133
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff T Ricci
Officer — SVP, Controller & PAO
Period of report
Sep 17, 2015
Accepted (ET)
Sep 21, 2015 · 6:40 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 | Sep 17, 2015 | M | 8,005 | $27.57 | A | 8,005 | D | |
| Common Stock | Sep 17, 2015 | F | 3,012 | $27.57 | D | 4,993 | 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,F1,F2 | — | Sep 17, 2015 | M | 2,388 | D | — | — | Common Stock | 2,388 | 0 | D |
| Restricted Stock UnitsF4,F1 | — | Jul 1, 2015 | A | 19 | A | — | — | Common Stock | 19 | 3,508 | D |
| Restricted Stock UnitsF5,F1,F2 | — | Sep 17, 2015 | M | 3,353 | D | — | — | Common Stock | 3,353 | 3,351 | D |
| Restricted Stock UnitsF6,F1 | — | Jul 1, 2015 | A | 48 | A | — | — | Common Stock | 48 | 8,536 | D |
| Restricted Stock UnitsF7,F1,F2 | — | Sep 17, 2015 | M | 2,264 | D | — | — | Common Stock | 2,264 | 4,528 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2On 07/29/15 the Issuer announced approved amendments to certain outstanding long-term incentive awards that were originally scheduled to vest between 09/18/15 and 12/31/15, to provide for the accelerated vesting on 09/17/15.
- F3As previously reported, on 12/06/12 the reporting person was granted 6,750 restricted stock units ("RSUs"), 2,250 of which vested on each of 12/06/13 and 12/06/14, and 2,250 of which vested early on 09/17/15. 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 12.9751 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 138 vested dividend equivalent rights and a de minimus adjustment of 0.4584 due to fractional rounding of the dividend equivalent rights.
- F4As previously reported, on 02/19/13 the reporting person was granted 10,000 RSUs, 3,333 of which vested on each of 02/19/14 and 02/19/15, and 3,334 of which will vest on 02/19/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 19.2262 dividend equivalent rights being reported reflect 19.2262 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 9,726 RSUs, 3,242 of which vested on 12/11/14, 3,246 of which vested early on 09/17/15, and 3,242 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 number of derivative securities beneficially owned immediately prior to the transaction being reported includes 37.3913 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 111 vested dividend equivalent rights and a de minimus adjustment of 0.3408 due to fractional rounding of the dividend equivalent rights.
- F6As previously reported, on 05/23/14 the reporting person was granted 12,500 RSUs, 4,166 of which vested on 05/23/15, and 4,167 of which will vest on each of 05/23/16 and 05/23/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 48.0598 dividend equivalent rights being reported reflect 48.0598 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15.
- F7As previously reported, on 12/10/14 the reporting person was granted 6,692 RSUs, 2,230 of which vested early on 09/17/15, and 2,231 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 number of derivative securities beneficially owned immediately prior to the transaction being reported includes 38.5908 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 34 vested dividend equivalent rights and a de minimus adjustment of 0.2401 due to fractional rounding of the dividend equivalent rights.