SEC Form 4 · accession 0001562180-17-000618
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon E Flaxman
Officer — Chief Operating Officer
Period of report
Dec 11, 2016
Accepted (ET)
Feb 10, 2017 · 5:39 pm EST
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 | Dec 11, 2016 | M | 6,610 | $15.78 | A | 90,520 | D | |
| Common Stock | Dec 11, 2016 | F | 3,307 | $15.78 | D | 87,213 | 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 UnitF1,F2 | — | Dec 11, 2016 | M | 6,610 | D | — | — | Common Stock | 6,610 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
- F2On 12/11/2013 the reporting person was granted 18,381 RSUs, of which 6,127 vested on each of 12/11/2014, 9/17/2015 and 12/11/2016. 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 483 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.