SEC Form 4 · accession 0001562180-17-003546
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kim M Rivera
Officer — Chief Legal Officer, GC & Sec
Period of report
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 4:17 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 StockF1 | Nov 9, 2017 | M | 84,799 | $0.00 | A | 84,799 | D | |
| Common Stock | Nov 9, 2017 | F | 43,038 | $21.34 | D | 41,761 | D | |
| Common StockF2,F3 | Nov 13, 2017 | S | 41,761 | $21.2762 | D | 0 | 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 UnitsF4,F1 | — | Nov 9, 2017 | M | 84,799 | D | — | — | Common Stock | 84,799 | 84,799 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU') represents a contingent right to receive one share of HP common stock.
- F2The sales reported on this Form 4 were effectuated pursuant to a Rule 10b51 trading plan adopted by the reporting person on 11/30/2016.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.19 - $21.32, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4On 11/09/2015 the reporting person was granted 237,924 RSUs, 79,308 of which vested on 11/09/2016 and 11/09/2017, and 79,308 of which will vest on 11/09/2018. 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 5,491 vested dividend equivalent rights.