Baldauf Sari M 4
4 · HEWLETT PACKARD CO · Filed Oct 27, 2009
Insider Transaction Report
Form 4
Baldauf Sari M
Director
Transactions
- Exercise/Conversion
Common Stock
2009-10-23$32.45/sh+2,000$64,900→ 14,130.309 total - Exercise/Conversion
Employee Stock Option (right to buy)
2009-10-23−2,000→ 12,732 totalExercise: $32.45From: 2007-04-17Exp: 2014-04-17→ Common Stock (2,000 underlying) - Award
Restricted Stock Units
2009-10-07+7.433→ 4,342.38 totalFrom: 2010-04-20Exp: 2019-04-20→ Common Stock (7.433 underlying)
Footnotes (3)
- [F1]The total includes the acquisition of (i) 0.017391 shares on 10/13/09 which were received in lieu of cash under the Hewlett-Packard Company Dividend Reinvestment/Stock Purchase Plan ("DRIP") in a transaction exempt under Rule 16b-3, and (ii) 16.062100 shares on 10/07/09 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.
- [F2]Each restricted stock unit represents a contingent right to receive one share of HP common stock.
- [F3]As previously reported, on 04/20/09 the reporting person was granted 4,326 restricted stock units ("RSUs"), all of which will cliff vest on 04/20/10. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. There were 7.4330 dividend equivalent rights at $45.96 per RSU credited to the reporting person's account on 10/07/09.