Baldauf Sari M 4
4 · HEWLETT PACKARD CO · Filed Apr 21, 2011
Insider Transaction Report
Form 4
Baldauf Sari M
Director
Transactions
- Exercise/Conversion
Common Stock
2011-04-19+1,645→ 20,287.162 total - Award
Restricted Stock Units
2010-07-07+12.369→ 1,644.369 totalFrom: 2011-04-19Exp: 2020-04-19→ Common Stock (12.369 underlying) - Exercise/Conversion
Restricted Stock Units
2011-04-19−1,644.369→ 0 totalFrom: 2011-04-19Exp: 2020-04-19→ Common Stock (1,644.369 underlying)
Footnotes (4)
- [F1]The amount reported reflects a deminimus adjustment of shares due to the rounding and prior reporting of fractional shares.
- [F2]The total includes the acquisition of (i) 18.0688 shares on 04/08/10; 27.7861 shares on 07/08/10; 30.9044 shares on 10/07/10; 29.9074 shares on 12/30/10; and 30.6378 shares on 04/07/11 which were received in lieu of cash under the Hewlett-Packard Company Dividend Reinvestment/Stock Purchase Plan ("DRIP") in transactions exempt under Rule 16b-3, and (ii) 0.0151 shares on 04/12/10; 0.0182 shares on 07/12/10; 0.0199 shares on 10/12/10; 0.0191 shares on 01/04/11; and 0.0200 shares on 04/07/11 through the broker's dividend reinvestment plan that operates on substantially similar terms to HP's DRIP thereby qualifying for the Rule 16a-11 exemption.
- [F3]Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- [F4]As previously reported, on 04/19/10 the reporting person was granted 1,632 restricted stock units ("RSUs"). Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.The 12.3685 dividend equivalent rights being reported reflect 2.9039 dividend equivalent rights at $44.96 per RSU credited to the reporting person's account on 07/07/10; 3.2047 dividend equivalent rights at $40.74 per RSU credited to the reporting person's account on 10/06/10; 3.0894 dividend equivalent rights at $42.26 per RSU credited to the reporting person's account on 12/30/10; and 3.1705 dividend equivalent rights at $41.18 per RSU credited to the reporting person's account on 04/06/11. These RSUs cliff vested on 04/19/11, at which time the vested shares were delivered to the reporting person.