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HP INC — Director's Dealing 2015
Sep 22, 2015
30213_dirs_2015-09-21_f9939166-652a-432a-80c8-cbc800d6f4df.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: 2015-09-17
Reporting Person: YOUNGJOHNS ROBERT (EVP and GM, HP Software)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-17 | Common Stock | M | 61734 | $27.57 | Acquired | 80504 | Direct |
| 2015-09-17 | Common Stock | F | 32216 | $27.57 | Disposed | 42288 | Direct |
| 2015-09-21 | Common Stock | S | 8375 | $26.25 | Disposed | 39913 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-17 | Restricted Stock Units | $ | M | 44217 | Disposed | Common Stock (44217) | Direct | |
| 2015-09-17 | Restricted Stock Units | $ | M | 6651 | Disposed | Common Stock (6651) | Direct | |
| 2015-09-17 | Restricted Stock Units | $ | M | 10866 | Disposed | Common Stock (10866) | 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 06/03/15.
F2: Each restricted stock unit represents a contingent right to receive one share of HP common stock.
F3: On 07/29/15 the Issuer announced approved amendments to certain outstanding long-term incentive awards that were originally scheduled to vest between 09/18/15 and 12/31/15, to provide for the accelerated vesting on 09/17/15.
F4: As previously reported, on 09/19/12 the reporting person was granted 125,000 restricted stock units ("RSUs"), 41,666 of which vested on 09/19/13, 41,667 of which vested on 09/19/14, and 41,667 of which vested early on 09/17/15. 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 2,550 vested dividend equivalent rights and a de minimus adjustment of 0.8969 due to fractional rounding of the dividend equivalent rights.
F5: As previously reported, on 12/11/13 the reporting person was granted 19,300 RSUs, 6,433 of which vested on 12/11/14, 6,433 of which vested early on 09/17/15, and 6,434 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 218 vested dividend equivalent rights and a de minimus adjustment of 0.1871 due to fractional rounding of the dividend equivalent rights.
F6: As previously reported, on 12/10/14 the reporting person was granted 32,120 RSUs, 10,706 of which vested early on 09/17/15, and 10,707 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. The number of derivative securities in column 5 includes 160 vested dividend equivalent rights and a de minimus adjustment of 0.1760 due to fractional rounding of the dividend equivalent rights.