HP Inc. (NYSE: HPQ) director exercises options, holds 84,634 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HP Inc. director Charles V. Bergh exercised stock options to acquire 48,544 shares of HP common stock at an exercise price of $11.45 per share. These options were granted on May 5, 2016 and vested one year later. Following the exercise, Bergh directly holds 84,634 HP common shares, with no sale reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
48,544 shares exercised/converted
Mixed
2 txns
Insider
Bergh Charles V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 48,544 | $0.00 | -- |
| Exercise | Common Stock | 48,544 | $11.45 | $556K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 84,634 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HPQ director Charles V. Bergh report?
Charles V. Bergh reported exercising stock options to acquire HP shares. He exercised options for 48,544 shares of HP common stock, converting a long-standing option grant into directly held shares with no sale reported in this Form 4.
When were the HPQ stock options exercised by Charles V. Bergh originally granted?
The options exercised were granted on May 5, 2016. According to the footnote, this non-qualified stock option for 48,544 shares vested in full on the one-year anniversary of the grant date before being exercised in the reported transaction.
What type of security did Charles V. Bergh exercise in this HPQ Form 4?
Bergh exercised a non-qualified stock option to buy HP common stock. The filing describes a “Non-Qualified Stock Option (Right to Buy)” covering 48,544 underlying HP common shares, which were converted into directly held stock in this transaction.