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HP INC — Director's Dealing 2015
Dec 11, 2015
30213_dirs_2015-12-11_a1512c8d-13b8-4e1c-a41b-f4b6a2b551c8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HP INC (HPQ)
CIK: 0000047217
Period of Report: 2015-12-09
Reporting Person: Rivera Kim M (Chief Legal Officer, GC & Sec)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-09 | Restricted Stock Units | $ | A | 85879 | Acquired | Common Stock (85879) | Direct | |
| 2015-12-09 | Performance Adjusted Restricted Stock Units | $ | A | 125237 | Acquired | Common Stock (125237) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of HP common stock.
F2: On 12/09/15 the reporting person was granted 85,879 RSUs, 28,626 of which will vest on each of 12/09/16 and 12/09/2017, and 28,627 of which will vest on 12/09/2018. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the HP common stock.
F3: On 12/09/15 the reporting person was granted 125,237 performance adjusted restricted stock units ("PARSUs"), 50% of which will vest on each of 12/09/17 and 12/09/18, 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.