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HP INC — Director's Dealing 2017
Dec 12, 2017
30213_dirs_2017-12-11_3b4b1788-8e9c-401b-bb62-93ffed4206cb.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: 2017-12-07
Reporting Person: WEISLER DION J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-07 | Common Stock | M | 102081.00 | $0.00 | Acquired | 641529.00 | Direct |
| 2017-12-07 | Common Stock | F | 53267.00 | $20.97 | Disposed | 588262.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-07 | Restricted Stock Units | $ | M | 102081.00 | Disposed | Common Stock (102081.00) | Direct | |
| 2017-12-07 | Restricted Stock Units | $ | A | 257511.00 | Acquired | Common Stock (257511.00) | Direct | |
| 2017-12-07 | Performance Adjusted Restricted Stock Units | $ | A | 362249.00 | Acquired | Common Stock (362249.00) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of HP common stock.
F2: On 12/7/2016, the reporting person was granted 297,214 RSUs, 99,071 of which vested on 12/7/2017, 99,071 of which is scheduled to vest on 12/7/2018 and 99,072 of which is scheduled to vest on 12/7/2019. 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 3,010 vested dividend equivalent rights.
F3: On 12/7/2017, the reporting person was granted 257,511 RSUs, one-third of which vest annually over three years on the anniversary of the grant date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.
F4: On 12/7/2017, the reporting person was granted 362,249 Performance Adjusted Restricted Stock Units ("PARSUs"), 50% of which will be earned on each of 12/7/2019 and 12/7/2020 subject to certain relative total stockholder return conditions being met as of those dates, and 50% of which will be earned on each of 12/7/2018, 12/7/2019 and 12/7/2020 subject to certain earnings per share conditions being met as of those dates. A portion of the earned units will vest on each of 12/7/2019 and 12/7/2020. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.