Enrique Lores - Nov 29, 2022 Form 4 Insider Report for HP INC (HPQ)

Role
President and CEO, Director
Signature
/s/ Rick Hansen as Attorney-in-Fact for Enrique Lores
Stock symbol
HPQ
Transactions as of
Nov 29, 2022
Transactions value $
-$5,858,221
Form type
4
Date filed
12/1/2022, 05:19 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 +418K +80.9% $0.00 936K Nov 29, 2022 Direct
transaction HPQ Common Stock Tax liability -$5.86M -203K -21.68% $28.88 733K Nov 29, 2022 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 Performance Adjusted Restricted Stock Units Options Exercise -418K -100% 0 Nov 29, 2022 Common Stock 418K Direct F2, F3
* 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 performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F3 As previously reported, on 12/6/2019 the reporting person was granted 300,664 PARSUs. On 11/29/2022, 381,092 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 37,338 vested dividend equivalent units.