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HP INC — Director's Dealing 2016
Dec 10, 2016
30213_dirs_2016-12-09_110e4f15-5927-445b-8b94-041e8aaae8fe.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: 2016-12-07
Reporting Person: Rivera Kim M (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-07 | Performance Adjusted Restricted Stock Units | $ | A | 93525.00 | Acquired | Common Stock (93525.00) | Direct | |
| 2016-12-07 | Restricted Stock Units | $ | A | 68111.00 | Acquired | Common Stock (68111.00) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F2: On 12/7/16 the reporting person was granted 93,525 performance adjusted restricted stock units ("PARSUs"), 50% of which will be earned on each of 12/7/18 and 12/7/19 subject to certain relative total stockholder return conditions being met as of those dates, and 50% of which will be earned on each of 12/7/17, 12/7/18 and 12/7/19 subject to certain earnings per share conditions being met as of those dates. A portion of the earned units will vest on each of 12/7/18 and 12/7/19. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.
F3: On 12/07/16 the reporting person was granted 68,111 RSUs, 22,703 of which will vest on 12/07/17 and 22,704 will vest on each of 12/07/2018, and 12/07/2019. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the HP common stock.