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HP INC — Director's Dealing 2019
Nov 16, 2019
30213_dirs_2019-11-15_9a973b09-375b-452d-af1d-6dac3490d215.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: 2019-11-13
Reporting Person: Schell Christoph (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-13 | Common Stock | M | 119244.00 | $0.00 | Acquired | 179029.00 | Direct |
| 2019-11-13 | Common Stock | F | 59123.00 | $19.53 | Disposed | 119906.00 | Direct |
| 2019-11-15 | Common Stock | S | 60121.00 | $20.17 | Disposed | 59785.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-13 | Performance Adjusted Restricted Stock Units | $ | M | 84336.00 | Disposed | Common Stock (84336.00) | Direct | |
| 2019-11-13 | Performance Adjusted Restricted Stock Units | $ | M | 34908.00 | Disposed | Common Stock (34908.00) | Direct |
Footnotes
F1: The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/25/2019.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.13-$20.21, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F4: As previously reported, on 12/7/2016 the reporting person was granted 110,530 PARSUs. On 11/13/2019, 77,594 PARSUs vested based on the achievement of certain earnings per share. Dividend equivalent units accrued with respect to these PARSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 6,742 vested dividend equivalent units.
F5: As previously reported, on 12/7/2017 the reporting person was granted 102,771 PARSUs. On 11/13/2019, 33,041 PARSUs vested based on the achievement of certain earnings per share. Dividend equivalent units accrued with respect to these PARSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 1,867 vested dividend equivalent units.