SEC Form 4 · accession 0001562180-16-002852
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ron Coughlin
Officer — President, Personal Systems
Period of report
Jul 26, 2016
Accepted (ET)
Jul 28, 2016 · 6:49 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 | Jul 26, 2016 | M | 19,420 | $14.18 | A | 32,752 | D | |
| Common Stock | Jul 26, 2016 | F | 7,299 | $14.18 | D | 25,453 | 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 | — | Jul 26, 2016 | M | 19,420 | D | — | — | Common Stock | 19,420 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 07/26/13 the reporting person was granted 54,054 RSUs, 18,018 of which vested on each of 07/26/14, 7/26/2015 and 7/26/2016. 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 1,402 vested dividend equivalent rights..
- F3The share amounts reported reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.