SEC Form 4 · accession 0001562180-17-002048
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret C Whitman
Director
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000047217
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $18.78 | May 18, 2017 | A | 39,165 | A | — | May 18, 2027 | Common Stock | 39,165 | 39,165 | D |
| Restricted Stock UnitsF3,F2 | — | May 18, 2017 | A | 7,988 | A | — | — | Common Stock | 7,988 | 7,988 | D |
Explanation of responses
- F1On May 18, 2017, the reporting person was granted an option to purchase a total of 39,165 shares, vesting in full on the one year anniversary of the grant date.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
- F3On May 18, 2017 the reporting person was granted 7,988 RSUs, all of which will cliff vest on the one year anniversary of the grant date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.