ALEX CHO - 29 Nov 2022 Form 4 Insider Report for HP INC (HPQ)

Role: President, Personal Systems
Signature: /s/ Rick Hansen as Attorney-in-Fact for Alex Cho
Issuer symbol: HPQ
Transactions as of: 29 Nov 2022
Net transactions value: -$5,382,933
Form type: 4
Filing time: 01 Dec 2022, 17:18:31 UTC
Previous filing: 04 Oct 2022
Next filing: 09 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPQ	Common Stock	Options Exercise	$0	+182,588	+6086267%	$0.000000	182,591	29 Nov 2022	Direct
transaction	HPQ	Common Stock	Tax liability	$2,467,132	-85,427	-47%	$28.88	97,164	29 Nov 2022	Direct	F1
transaction	HPQ	Common Stock	Sale	$2,915,802	-97,161	-100%	$30.01	3	01 Dec 2022	Direct	F2, F3

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		-182,588	-100%		0	29 Nov 2022	Common Stock	182,588		Direct	F4, 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	The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person effective as of 12/28/2021.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.79-$30.23, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F5	As previously reported, on 12/6/2019 the reporting person was granted 131,199 PARSUs. On 11/29/2022, 166,295 PARSUs vested based on the achievement of certain earnings per share. 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 16,293 vested dividend equivalent units.