SEC Form 4 · accession 0001209191-15-084125
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon E Flaxman
Officer — Chief Operating Officer
Period of report
Dec 6, 2015
Accepted (ET)
Dec 8, 2015 · 7:20 pm EST
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 | Dec 6, 2015 | M | 15,385 | $12.32 | A | 15,385 | D | |
| Common Stock | Dec 6, 2015 | F | 5,444 | $12.32 | D | 9,941 | 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,F3,F1 | — | Dec 6, 2015 | M | 15,385 | D | — | — | Common Stock | 15,385 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2The share amounts reported reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.
- F3On 12/06/12 the reporting person was granted 43,240 restricted stock units ("RSUs"), 14,413 of which vested on each of 12/06/13 and 12/06/14, and 14,414 of which vested on 12/06/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 972 vested dividend equivalent rights. The amounts reported in this footnote reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.