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HP INC — Director's Dealing 2014
Dec 11, 2014
30213_dirs_2014-12-11_d4d7679e-f894-46fc-94a5-7999ffc51ee5.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: 2014-12-10
Reporting Person: WEISLER DION J (EVP, PPSG)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-12-10 | Common Stock | S | 13951 | $38.00 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-12-10 | Employee Stock Option (right to buy) | $37.36 | A | 256028 | Acquired | 2022-12-10 | Common Stock (256028) | Direct |
| 2014-12-10 | Performance Adjusted Restricted Stock Units | $ | A | 38572 | Acquired | Common Stock (38572) | Direct | |
| 2014-12-10 | Restricted Stock Units | $ | A | 44165 | Acquired | Common Stock (44165) | 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 10/17/14.
F2: This option will vest 33.3% on each of the first three anniversaries of the grant date, in each case subject to the satisfaction of certain stock price performance conditions being met prior to the end of the fourth fiscal year following the grant date.
F3: This option is no longer exercisable beginning on this date.
F4: Each restricted stock unit represents a contingent right to receive one share of HP common stock.
F5: On 12/10/14 the reporting person was granted 38,572 performance adjusted restricted stock units ("PARSUs"), 50% of which will vest on each of 12/10/16 and 12/10/17, in each case subject to certain return on invested capital performance conditions and/or relative total stockholder return conditions being met at the time of vesting. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.
F6: On 12/10/14 the reporting person was granted 44,165 restricted stock units ("RSUs"), 14,721 of which will vest on 12/10/15, and 14,722 of which will vest on each of 12/10/16 and 12/10/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.