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HP INC — Director's Dealing 2018
Jul 3, 2018
30213_dirs_2018-07-03_3ca83817-7aac-419f-8508-f875dc85bf6a.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: 2018-07-01
Reporting Person: CHO ALEX (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-01 | Restricted Stock Units | $ | A | 35258.00 | Acquired | Common Stock (35258.00) | Direct | |
| 2018-07-01 | Performance Adjusted Restricted Stock Units | $ | A | 46956.00 | Acquired | Common Stock (46956.00) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of HP common stock.
F2: On 7/1/2018, the reporting person was granted 35,258 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.
F3: On 7/1/2018, the reporting person was granted 46,956 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.