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HP INC — Director's Dealing 2018
Dec 12, 2018
30213_dirs_2018-12-11_db4b0c17-765e-459a-aee3-58bd5d7883d3.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: 2018-12-07
Reporting Person: LORES ENRIQUE (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-07 | Common Stock | M | 65228.00 | $0.00 | Acquired | 264161.00 | Direct |
| 2018-12-07 | Common Stock | F | 32341.00 | $22.93 | Disposed | 231820.00 | Direct |
| 2018-12-09 | Common Stock | M | 42146.00 | $0.00 | Acquired | 273966.00 | Direct |
| 2018-12-09 | Common Stock | F | 20897.00 | $22.93 | Disposed | 253069.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-12-07 | Restricted Stock Units | $ | A | 98561.00 | Acquired | Common Stock (98561.00) | Direct | |
| 2018-12-07 | Performance Adjusted Restricted Stock Units | $ | A | 135896.00 | Acquired | Common Stock (135896.00) | Direct | |
| 2018-12-07 | Restricted Stock Units | $ | M | 32658.00 | Disposed | Common Stock (32658.00) | Direct | |
| 2018-12-07 | Restricted Stock Units | $ | M | 32570.00 | Disposed | Common Stock (32570.00) | Direct | |
| 2018-12-09 | Restricted Stock Units | $ | M | 42146.00 | Disposed | Common Stock (42146.00) | Direct |
Footnotes
F1: 32,341 shares were withheld by HP to satisfy tax withholding on vesting of restricted stock units ("RSUs").
F2: 20,897 shares were withheld by HP to satisfy tax withholding on vesting of RSUs.
F3: Each RSU represents a contingent right to receive one share of HP common stock.
F4: On 12/7/2018, the reporting person was granted 98,561 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.
F5: On 12/7/2018, the reporting person was granted 135,896 Performance Adjusted Restricted Stock Units ("PARSUs"), 50% of which will be earned on each of 12/7/2020 and 12/7/2021 subject to certain relative total stockholder return conditions being met as of those dates, and 50% of which will be earned on each of 12/7/2019, 12/7/2020 and 12/7/2021 subject to certain earnings per share conditions being met as of those dates. A portion of the earned units will vest on each of 12/7/2020 and 12/7/2021. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.
F6: On 12/7/2016, the reporting person was granted 92,879 RSUs, 30,959 of which vested on 12/7/2017, 30,960 of which vested on 12/7/2018, and 30,960 of which are 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 1,698 vested dividend equivalent rights.
F7: On 12/7/2017, the reporting person was granted 95,374 RSUs, 31,791 of which vested on 12/7/2018, 31,791 of which are scheduled to vest on 12/7/2019 and of which 31,792 are scheduled to vest on 12/7/2020. 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 779 vested dividend equivalent rights.
F8: On 12/9/2015, the reporting person was granted 115,607 RSUs, 1/3rd of which vested on each of 12/9/2016,12/9/2017 and 12/9/2018. 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 3,610 vested dividend equivalent rights.