David P. McQuarrie - Dec 7, 2024 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for David P. McQuarrie
Stock symbol
HPQ
Transactions as of
Dec 7, 2024
Transactions value $
-$839,804
Form type
4
Date filed
12/10/2024, 08:15 PM
Previous filing
Nov 5, 2024
Next filing
Dec 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +46.8K +251.82% $0.00 65.4K Dec 7, 2024 Direct
transaction HPQ Common Stock Tax liability -$840K -23.2K -35.49% $36.20 42.2K Dec 7, 2024 Direct F1

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 Restricted Stock Units Options Exercise -9.85K -100% 0 Dec 7, 2024 Common Stock 9.85K Direct F2, F3
transaction HPQ Restricted Stock Units Options Exercise -18.6K -51.73% 17.3K Dec 7, 2024 Common Stock 18.6K Direct F2, F4
transaction HPQ Restricted Stock Units Options Exercise -18.4K -33.89% 35.8K Dec 7, 2024 Common Stock 18.4K Direct F2, F5
* 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F3 As previously reported, on 12/7/2021, the reporting person was granted 26,817 RSUs, 1/3 of which vest annually over 3 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. The number of derivative securities in column 5 includes 915 vested dividend equivalent rights.
F4 As previously reported, on 12/8/2022, the reporting person was granted 51,966 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2022. 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 1,238 vested dividend equivalent rights.
F5 As previously reported, on 12/19/2023, the reporting person was granted 53,765 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2023. 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 450 vested dividend equivalent rights.