Kristen Ludgate - Dec 7, 2024 Form 4 Insider Report for HP INC (HPQ)

Role: Chief People Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Kristen Ludgate
Stock symbol: HPQ
Transactions as of: Dec 7, 2024
Transactions value $: -$766,861
Form type: 4
Date filed: 12/10/2024, 08:18 PM
Previous filing: Nov 22, 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	+46.5K	+44.13%	$0.00	152K	Dec 7, 2024	Direct
transaction	HPQ	Common Stock	Tax liability	-$767K	-21.2K	-13.96%	$36.20	131K	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		-12.6K	-100%		0	Dec 7, 2024	Common Stock	12.6K		Direct	F2, F3
transaction	HPQ	Restricted Stock Units	Options Exercise		-16.9K	-51.72%		15.7K	Dec 7, 2024	Common Stock	16.9K		Direct	F2, F4
transaction	HPQ	Restricted Stock Units	Options Exercise		-17K	-33.89%		33.1K	Dec 7, 2024	Common Stock	17K		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 34,326 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 1,171 vested dividend equivalent rights.
F4	As previously reported, on 12/8/2022, the reporting person was granted 47,191 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 1,125 vested dividend equivalent rights.
F5	As previously reported, on 12/19/2023, the reporting person was granted 49,709 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 416 vested dividend equivalent rights.