SEC Form 4 · accession 0001562180-17-003852
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 9, 2017
Accepted (ET)
Dec 12, 2017 · 5:49 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 9, 2017 | M | 20,603 | $0.00 | A | 37,382 | D | |
| Common Stock | Dec 9, 2017 | F | 7,196 | $21.07 | D | 30,186 | D | |
| Common StockF1 | Dec 10, 2017 | M | 3,068 | $0.00 | A | 33,254 | D | |
| Common Stock | Dec 10, 2017 | F | 1,288 | $21.07 | D | 31,966 | 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 9, 2017 | M | 20,603 | D | — | — | Common Stock | 20,603 | 19,268 | D |
| Restricted Stock UnitsF3,F1 | — | Dec 10, 2017 | M | 3,068 | D | — | — | Common Stock | 3,068 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
- F2On 12/9/2015, the reporting person was granted 57,803 RSUs, 19,267 of which vested on 12/9/2016, 19,268 of which vested on 12/9/2017 and 19,268 of which are scheduled to vest 12/9/2018. 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 1,335 vested dividend equivalent rights.
- F3On 12/10/2014, the reporting person was granted 8,476 RSUs, 2,825 of which vested on each of 9/17/2015 and12/10/2016, and 2,826 of which vested on 12/10/2017. 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 242 vested dividend equivalent rights. The amounts reflected in this footnote reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.