Alex Cho - Nov 29, 2022 Form 4 Insider Report for HP INC (HPQ)

Role
President, Personal Systems
Signature
/s/ Rick Hansen as Attorney-in-Fact for Alex Cho
Stock symbol
HPQ
Transactions as of
Nov 29, 2022
Transactions value $
-$5,382,933
Form type
4
Date filed
12/1/2022, 05:18 PM
Previous filing
Oct 4, 2022
Next filing
Dec 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +183K +6086266.67% $0.00 183K Nov 29, 2022 Direct
transaction HPQ Common Stock Tax liability -$2.47M -85.4K -46.79% $28.88 97.2K Nov 29, 2022 Direct F1
transaction HPQ Common Stock Sale -$2.92M -97.2K -100% $30.01 3 Dec 1, 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 -183K -100% 0 Nov 29, 2022 Common Stock 183K 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.