SEC Form 4 · accession 0001562180-18-004733
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
Nov 26, 2018
Accepted (ET)
Nov 28, 2018 · 5:18 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 | 269,533 | $0.00 | A | 325,061 | D | |
| Common StockF1 | Nov 26, 2018 | F | 133,636 | $22.81 | D | 191,425 | D | |
| Common StockF2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Adjusted Restricted Stock UnitsF4,F3 | — | Nov 26, 2018 | M | 85,648 | D | — | — | Common Stock | 85,648 | 99,194 | D |
| Performance Adjusted Restricted Stock UnitsF5,F3 | — | Nov 26, 2018 | M | 183,885 | D | — | — | Common Stock | 183,885 | 0 | D |
Explanation of responses
- F1133,636 shares were withheld by HP to satisfy tax withholding on vesting of PARSUs.
- F2There is no reportable change since the last filing. This is a reiteration of holdings only.
- F3Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
- F4As previously reported, on 12/7/2016 the reporting person was granted 170,046 performance adjusted target restricted stock units ("PARSUs"). On 11/26/2018, 81,196 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 4,452 vested dividend equivalent units.
- F5As previously reported, on 12/9/2015 the reporting person was granted 240,841 performance adjusted target restricted stock units ("PARSUs"). On 11/26/2018, 167,506 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 16,379 vested dividend equivalent units.