SEC Form 4 · accession 0001562180-17-003700

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

Nov 28, 2017

Accepted (ET)

Nov 30, 2017 · 5:05 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
Common Stock	Nov 28, 2017	M	156,976	$12.47	A	243,096	D
Common Stock	Nov 28, 2017	M	36,753	$12.49	A	279,849	D
Common Stock	Nov 28, 2017	M	43,239	$6.40	A	323,088	D
Common Stock^F1,F2	Nov 28, 2017	S	271,968	$21.3441	D	51,120	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Employee Stock Options (right to buy)^F3,F4,F5,F6	$12.47	Nov 28, 2017	M	156,976	D	Oct 30, 2017	Oct 29, 2023	Common Stock	156,976	313,952	D
Non-Qualified Employee Stock Options (right to buy)^F7,F5,F6	$12.49	Nov 28, 2017	M	36,753	D	Dec 11, 2016	Dec 10, 2021	Common Stock	36,753	0	D
Non-Qualified Employee Stock Options (right to buy)^F8,F5,F6	$6.40	Nov 28, 2017	M	43,239	D	Dec 6, 2015	Dec 5, 2020	Common Stock	43,239	0	D

Explanation of responses

F135,000 shares were sold pursuant to a 10b5-1 plan adopted by the reporting person on 12/20/2016 and 236,968 shares were sold pursuant to a 10b5-1 plan adopted by the reporting person on 9/29/2017.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.16-$21.48, 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.
F3The share amounts reported reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.
F4On October 30, 2015, the reporting person was granted performance contingent options to purchase a total of 470,928 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.
F5This option became exercisable beginning on this date.
F6This option is no longer exercisable following this date.
F7On December 11, 2013, the reporting person was granted an option to purchase a total of 110,259 shares (post conversion), vesting in three equal annual installments beginning on the first anniversary of the grant date.
F8On December 6, 2012, the reporting person was granted an option to purchase a total of 129,717 shares (post conversion), vesting in three equal annual installments beginning on the first anniversary of the grant date.