SEC Form 4 · accession 0001562180-16-003367
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tracy S Keogh
Officer — Chief HR Officer
Period of report
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 8:47 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 | Oct 31, 2016 | M | 32,408 | $14.49 | A | 145,990 | D | |
| Common Stock | Oct 31, 2016 | F | 16,911 | $14.49 | D | 129,079 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Adjusted Restricted Stock UnitsF2,F1 | — | Oct 31, 2016 | M | 32,408 | D | — | — | Common Stock | 32,408 | 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 12/11/13 the reporting person was granted 65,067 performance adjusted restricted stock units ("PARSUs"), 50% of which vested early on 09/17/15, and 50% of which vested on 10/31/2016, in each case subject to certain return on invested capital performance conditions and/or relative total stockholder return conditions being met at the time of vesting. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 1,229.14 vested dividend equivalent rights. The amounts reflected in this footnote reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.