SEC Form 4 · accession 0001562180-18-004381
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
Oct 31, 2018
Accepted (ET)
Nov 2, 2018 · 4:22 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 31, 2018 | M | 23,298 | $0.00 | A | 23,298 | D | |
| Common Stock | Oct 31, 2018 | F | 8,057 | $24.14 | D | 15,241 | 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 | — | Oct 31, 2018 | M | 23,298 | D | — | — | Common Stock | 23,298 | 77,938 | 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 12/9/2016 the reporting person was granted 93,525 performance adjusted target restricted stock units ("PARSUs"). On 10/31/2018, 23,298 PARSUs vested based on the achievement of certain earnings per share. 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 1,211 vested dividend equivalent units.