Filing Details
- Accession Number:
- 0001562180-18-004922
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-12-11 19:40:57
- Reporting Period:
- 2018-12-07
- Accepted Time:
- 2018-12-11 19:40:57
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1580693 | J Dion Weisler | 1501 Page Mill Rd Palo Alto CA 94304 | President And Ceo | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2018-12-07 | 192,440 | $0.00 | 1,248,276 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-12-07 | 95,414 | $22.93 | 1,152,862 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-12-09 | 144,499 | $0.00 | 1,297,361 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-12-09 | 71,644 | $22.93 | 1,225,717 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2018-12-11 | 116,134 | $22.99 | 1,109,583 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Acquisiton | 2018-12-07 | 252,944 | $0.00 | 252,944 | $0.00 |
| Common Stock | Performance Adjusted Restricted Stock Units | Acquisiton | 2018-12-07 | 348,760 | $0.00 | 348,760 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2018-12-07 | 104,503 | $0.00 | 104,503 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2018-12-07 | 87,937 | $0.00 | 87,937 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2018-12-09 | 144,499 | $0.00 | 144,499 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 252,944 | No | 4 | A | Direct | ||
| 348,760 | No | 4 | A | Direct | ||
| 99,072 | No | 4 | M | Direct | ||
| 171,674 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- 95,414 shares were withheld by HP to satisfy tax withholding on vesting of restricted stock units ("RSUs").
- On 12/9/2015, the reporting person was granted 396,367 RSUs, 132,122 of which vested on each of 12/9/2016 and 12/9/2017, and of which 132,123 vested on 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 12,376 vested dividend equivalent rights.
- 167,058 shares were withheld by HP to satisfy tax withholding on vesting of RSUs.
- The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 06/28/18.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.815-$23.33, 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.
- Each RSU represents a contingent right to receive one share of HP common stock.
- On 12/7/2018, the reporting person was granted 252,944 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.
- On 12/7/2018, the reporting person was granted 348,760 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.
- On 12/7/2016, the reporting person was granted 297,214 RSUs, 99,071 of which vested on each of 12/7/2017 and 12/7/2018, and 99,072 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 5,432 vested dividend equivalent rights.
- On 12/7/2017, the reporting person was granted 257,511 RSUs, 85,837 of which vested on 12/7/2018, and of which 85,837 are scheduled to vest on each of 12/7/2019 and 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 2,100 vested dividend equivalent rights.
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