SEC Form 4 · accession 0001562180-16-002249
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Bass
Director
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 6:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000047217
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $11.45 | May 5, 2016 | A | 72,816 | A | — | May 5, 2026 | Common Stock | 72,816 | 72,816 | D |
| Restricted Stock UnitsF3,F2 | — | May 5, 2016 | A | 13,100 | A | — | — | Common Stock | 13,100 | 13,100 | D |
Explanation of responses
- F1On May 5, 2016, the Reporting Person was granted an option to purchase 72,816 shares, vesting full on the one year anniversary of the grant date.
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3On May 5, 2016, the Reporting Person was granted 13,100 RSUs, all of which will cliff vest on the one year anniversary of the grant date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.