SEC Form 4 · accession 0001562180-18-004729
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
Nov 26, 2018
Accepted (ET)
Nov 28, 2018 · 5:05 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 | Nov 26, 2018 | M | 142,726 | $0.00 | A | 157,967 | D | |
| Common StockF1 | Nov 26, 2018 | F | 70,765 | $22.81 | D | 87,202 | 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 UnitsF3,F2 | — | Nov 26, 2018 | M | 47,106 | D | — | — | Common Stock | 47,106 | 54,557 | D |
| Performance Adjusted Restricted Stock UnitsF4,F2 | — | Nov 26, 2018 | M | 95,620 | D | — | — | Common Stock | 95,620 | 0 | D |
Explanation of responses
- F170,765 shares were withheld by HP to satisfy tax withholding on vesting of PARSUs.
- F2Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
- F3As previously reported, on 12/7/2016 the reporting person was granted 93,525 performance adjusted target restricted stock units ("PARSUs"). On 11/26/2018, 44,658 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 2,448 vested dividend equivalent units.
- F4As previously reported, on 12/9/2015 the reporting person was granted 125,237 performance adjusted target restricted stock units ("PARSUs"). On 11/26/2018, 87,103 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 8,517 vested dividend equivalent units.