SEC Form 4 · accession 0001562180-17-003832
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marie Myers
Officer — Global Controller, HFS & PAO
Period of report
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 5:14 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 | Dec 7, 2017 | M | 15,951 | $0.00 | A | 21,142 | D | |
| Common Stock | Dec 7, 2017 | F | 4,363 | $20.97 | D | 16,779 | 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 UnitsF2,F1 | — | Dec 7, 2017 | M | 15,951 | D | — | — | Common Stock | 15,951 | 30,960 | D |
| Restricted Stock UnitsF1,F3 | — | Dec 7, 2017 | A | 45,303 | A | — | — | Common Stock | 45,303 | 45,303 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU"') represents a contingent right to receive one share of HP common stock.
- F2On 12/7/2016, the reporting person was granted 46,440 RSUs, 15,480 of which vested on 12/7/2017 and 15,480 of which are scheduled to vest on each of 12/7/2018 and 12/7/2019. 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 471 vested dividend equivalent rights.
- F3On 12/7/2017, the reporting person was granted 45,303 RSUs, one-third of which vest annually over three years on the anniversary of the grant date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.