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HP INC Director's Dealing 2014

Dec 16, 2014

30213_dirs_2014-12-15_dbb1ac9f-1bd7-455b-902d-1200e5ad7025.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2014-12-11

Reporting Person: SCHULTZ JOHN F (EVP, GC & SEC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-12-11 Common Stock M 45461 $26.99 Acquired 76700.7242 Direct
2014-12-11 Common Stock S 45461 $37.6289 Disposed 31239.7242 Direct
2014-12-11 Common Stock M 11326 $38.47 Acquired 42565.7242 Direct
2014-12-11 Common Stock F 5911 $38.47 Disposed 36654.7242 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-12-11 Employee Stock Option (right to buy) $26.99 M 45461 Disposed 2021-12-11 Common Stock (45461) Direct
2014-12-11 Restricted Stock Units $ M 11326 Disposed Common Stock (11326) Direct

Footnotes

F1: The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/04/14.

F2: The price in Column 4 is a weighted average price. The prices actually paid ranged from $37.34 to $37.84. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff information regarding the number of shares purchased at each price within the range.

F3: This option became exercisable beginning on this date.

F4: This option is no longer exercisable beginning on this date.

F5: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F6: As previously reported, on 12/11/13 the reporting person was granted 33,346 restricted stock units ("RSUs"), 11,115 of which vested on 12/11/14, 11,115 of which will vest on 12/11/15, and 11,116 of which will vest on 12/11/16. 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 211 vested dividend equivalent rights and a de minimus adjustment of 0.9896 due to fractional rounding of the dividend equivalent rights.