SEC Form 4 · accession 0001562180-16-002159
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Bennett
Director
Period of report
Apr 20, 2016
Accepted (ET)
Apr 21, 2016 · 5:22 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 | Apr 20, 2016 | M | 11,700 | $0.00 | A | 21,544 | 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 20, 2016 | M | 11,700 | D | — | — | Common Stock | 11,700 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU') represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 04/20/15 the reporting person was granted 11,324 restricted stock units ("RSUs"), all of which cliff vested on 04/20/16. 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 376 dividend equivalent rights. These RSUs cliff vested on 04/20/16, at which time the vested shares were delivered to the reporting person.