SEC Form 4 · accession 0001562180-17-003781
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
Dec 4, 2017
Accepted (ET)
Dec 6, 2017 · 6:58 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 | 78,961 | $0.00 | A | 78,961 | D | |
| Common Stock | Dec 4, 2017 | F | 41,202 | $21.08 | D | 37,759 | D |
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 UnitsF2,F1 | — | Dec 4, 2017 | M | 78,961 | D | — | — | Common Stock | 78,961 | 62,619 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
- F2As previously reported, on 12/9/2015 the reporting person was granted 125,237 performance adjusted target restricted stock units ("PARSUs"). On 12/4/2017, 73,702 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 5,259 vested dividend equivalent units.