SEC Form 4 · accession 0001562180-18-004919
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 7, 2018
Accepted (ET)
Dec 11, 2018 · 7:31 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 | Dec 7, 2018 | M | 31,801 | $0.00 | A | 37,329 | D | |
| Common StockF1 | Dec 7, 2018 | F | 8,968 | $22.93 | D | 28,361 | D | |
| Common Stock | Dec 9, 2018 | M | 21,073 | $0.00 | A | 49,434 | D | |
| Common StockF2 | Dec 9, 2018 | F | 8,293 | $22.93 | D | 41,141 | 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 UnitsF4,F3 | — | Dec 7, 2018 | M | 16,330 | D | — | — | Common Stock | 16,330 | 30,202 | D |
| Restricted Stock UnitsF5,F3 | — | Dec 7, 2018 | M | 15,471 | D | — | — | Common Stock | 15,471 | 15,480 | D |
| Restricted Stock UnitsF6,F3 | — | Dec 9, 2018 | M | 21,073 | D | — | — | Common Stock | 21,073 | 0 | D |
Explanation of responses
- F18,968 shares were withheld by HP to satisfy tax withholding on vesting of restricted stock units ("RSUs").
- F28,293 shares were withheld by HP to satisfy tax withholding on vesting of RSUs.
- F3Each RSU represents a contingent right to receive one share of HP common stock.
- F4On 12/7/2016, the reporting person was granted 46,440 RSUs, 15,480 of which vested on each of 12/7/2017 and 12/7/2018, and 15,480 of which are scheduled to vest on 12/7/2019. 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 850 vested dividend equivalent rights.
- F5On 12/7/2017, the reporting person was granted 45,303 RSUs, 15,101 of which vested on 12/7/2018 and of which 15,101 are scheduled to vest on each of 12/7/2019 and 12/7/2020. 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 1,220 vested dividend equivalent rights.
- F6On 12/9/2015, the reporting person was granted 57,803 RSUs, 19,268 of which vested on each of 12/9/2016 and 12/9/2017, and of which 19,267 vested on 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 1,805 vested dividend equivalent rights.