SEC Form 4 · accession 0001562180-16-003391
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine A Lesjak
Officer — CFO
Period of report
Nov 2, 2016
Accepted (ET)
Nov 3, 2016 · 4:43 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 | Nov 2, 2016 | M | 62,597 | $14.65 | A | 171,981 | D | |
| Common Stock | Nov 2, 2016 | F | 31,249 | $14.65 | D | 140,732 | D | |
| Common StockF1 | holding | — | — | — | 29,549 | I | By Joint Account with Spouse | |
| Common StockF1 | holding | — | — | — | 306 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F2 | — | Nov 2, 2016 | M | 62,597 | D | — | — | Common Stock | 62,597 | 120,511 | D |
Explanation of responses
- F1There is no reportable change since the last filing. This is a reiteration of holdings only.
- F2Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- F3On 11/2/2015 the reporting person was granted 180,766 restricted stock units ("RSUs"), 60,255 of which vested on 11/2/2016, and 60,255 of which will vest on 11/2/2017 and 60,256 will vest on 11/2/2018. 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 2,342 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.
- F4The share amounts reported reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.