SEC Form 4 · accession 0001562180-18-004096
HP INC · HPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine A Lesjak
Officer — Interim COO
Period of report
Oct 1, 2018
Accepted (ET)
Oct 2, 2018 · 4:07 pm EDT
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 | Oct 1, 2018 | M | 404,399 | $13.83 | A | 601,594 | D | |
| Common Stock | Oct 1, 2018 | M | 92,000 | $17.29 | A | 693,594 | D | |
| Common StockF1,F2 | Oct 1, 2018 | S | 693,594 | $25.7845 | D | 0 | D | |
| Common StockF3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4,F5 | $13.83 | Oct 1, 2018 | M | 404,399 | D | Nov 2, 2017 | Nov 1, 2023 | Common Stock | 404,399 | 202,200 | D |
| Employee Stock Option (right to buy)F6,F5 | $17.29 | Oct 1, 2018 | M | 92,000 | D | Dec 10, 2017 | Dec 9, 2022 | Common Stock | 92,000 | 277,020 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/29/2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.53-$25.97, 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.
- F3There is no reportable change since the last filing. This is a reiteration of holdings only.
- F4On November 2, 2015, the reporting person was granted performance contingent options to purchase a total of 606,599 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 is no longer exercisable following this date.
- F6This option became fully exercisable on this date.