FLAXMAN JON E 4
4 · HP INC · Filed Dec 11, 2017
Insider Transaction Report
Form 4
HP INCHPQ
FLAXMAN JON E
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2017-12-07$20.97/sh−15,919$333,821→ 117,931 total - Exercise/Conversion
Common Stock
2017-12-07+31,900→ 133,850 total - Award
Performance Adjusted Restricted Stock Units
2017-12-07+116,054→ 116,054 total→ Common Stock (116,054 underlying) - Exercise/Conversion
Restricted Stock Units
2017-12-07−31,900→ 61,920 total→ Common Stock (31,900 underlying) - Award
Restricted Stock Units
2017-12-07+82,499→ 82,499 total→ Common Stock (82,499 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of HP common stock.
- [F2]On 12/7/2016, the reporting person was granted 92,879 RSUs, 30,959 of which vested on 12/7/2017 and 30,960 of which are scheduled to vest on each of 12/7/2018 and 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 941 vested dividend equivalent rights.
- [F3]On 12/7/2017, the reporting person was granted 82,499 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.
- [F4]On 12/7/2017, the reporting person was granted 116,054 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.