SEC Form 4 · accession 0001562180-17-003264
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dion J Weisler
Officer — President and CEO · Director
Period of report
Oct 13, 2017
Accepted (ET)
Oct 16, 2017 · 9:05 am 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 13, 2017 | M | 525,719 | $13.83 | A | 865,216 | D | |
| Common StockF1 | Oct 13, 2017 | S | 525,719 | $20.97 | D | 339,497 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3 | $13.83 | Oct 13, 2017 | M | 525,719 | D | Nov 2, 2016 | Nov 1, 2023 | Common Stock | 525,719 | 1,051,438 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/23/2017.
- F2On November 2, 2015, the reporting person was granted performance contingent options to purchase a total of 1,577,157 shares.The stock options vest 1/3 annually on each of the anniversaries of the grant date, in each case subject to the satisfaction of certain stock price performance conditions being met within five years following the grant date.
- F3This option is no longer exercisable following this date.