SEC Form 4 · accession 0001562180-17-003777
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine A Lesjak
Officer — CFO
Period of report
Dec 4, 2017
Accepted (ET)
Dec 6, 2017 · 6:57 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 Stock | Dec 4, 2017 | M | 53,701 | $0.00 | A | 84,509 | D | |
| Common Stock | Dec 4, 2017 | F | 28,022 | $21.08 | D | 56,487 | D | |
| Common Stock | Dec 4, 2017 | M | 151,849 | $0.00 | A | 208,336 | D | |
| Common Stock | Dec 4, 2017 | F | 79,235 | $21.08 | D | 129,101 | D | |
| Common StockF1 | holding | — | — | — | 306 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Adjusted Restricted Stock UnitsF3,F2 | — | Dec 4, 2017 | M | 53,701 | D | — | — | Common Stock | 53,701 | 0 | D |
| Performance Adjusted Restricted Stock UnitsF4,F2 | — | Dec 4, 2017 | M | 151,849 | D | — | — | Common Stock | 151,849 | 120,421 | D |
Explanation of responses
- F1There is no reportable change since the last filing. This is a reiteration of holdings only.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
- F3As previously reported, on 12/11/2014 the reporting person was granted 85,173 performance adjusted target restricted stock units ("PARSUs"). On 11/29/2016 45,525 PARSUs vested and, on 12/4/2017, 50,125 PARSUs vested based on the achievement of certain return on invested capital performance conditions and total stockholder return conditions. Dividend equivalent units accrued with respect to these PARSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 3,576 vested dividend equivalent units.
- F4As previously reported, on 12/9/2015 the reporting person was granted 240,841 performance adjusted target restricted stock units ("PARSUs"). On 12/4/2017 141,735 PARSUs vested based on the achievement of certain return on invested capital performance conditions and total stockholder return conditions. Dividend equivalent units accrued with respect to these PARSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 10,114 vested dividend equivalent units.