Enrique Lores - Nov 20, 2024 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for Enrique Lores
Stock symbol
HPQ
Transactions as of
Nov 20, 2024
Transactions value $
-$1,130,514
Form type
4
Date filed
11/22/2024, 05:05 PM
Previous filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +62.2K +2072133.33% $0.00 62.2K Nov 20, 2024 Direct
transaction HPQ Common Stock Tax liability -$1.13M -30.8K -49.58% $36.68 31.3K Nov 20, 2024 Direct F1
holding HPQ Common Stock 889K Nov 20, 2024 By Limited Partnership F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HPQ Performance Adjusted Restricted Stock Units Options Exercise -62.2K -100% 0 Nov 20, 2024 Common Stock 62.2K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by HP to satisfy tax withholding upon vesting.
F2 Represents shares held by a limited partnership, which is ultimately controlled by the reporting person.
F3 Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F4 As previously reported, on 12/7/2021 the reporting person was granted 108,441 PARSUs. On 11/20/2024, 56,389 PARSUs vested based on the achievement of certain earnings per share and total shareholder return conditions. Dividend equivalent units accrued with respect to these PARSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 5,775 vested dividend equivalent units.