SEC Form 4 · accession 0001562180-17-001298
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Enrique Lores
Officer — President, PSS
Period of report
Mar 18, 2016
Accepted (ET)
Mar 21, 2017 · 4:09 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 | Mar 18, 2017 | M | 115,606 | $17.56 | A | 238,856 | D | |
| Common Stock | Mar 18, 2017 | F | 56,961 | $17.56 | D | 181,895 | 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 | — | Mar 18, 2017 | M | 115,606 | D | — | — | Common Stock | 115,606 | 109,093 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
- F2On 3/18/2015 the reporting person was granted 327,277 RSUs, of which 109,092 vested on each of 3/18/2016 and 3/18/2017 and 109,093 of which will vest on 3/18/2018. 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 6,514 vested dividend equivalent rights.