Tuan Tran - Nov 29, 2022 Form 4 Insider Report for HP INC (HPQ)

Role
Pres Imaging Prtng & Solutions
Signature
/s/ Rick Hansen as Attorney-in-Fact for Tuan Tran
Stock symbol
HPQ
Transactions as of
Nov 29, 2022
Transactions value $
-$5,064,462
Form type
4
Date filed
12/1/2022, 05:19 PM
Previous filing
Dec 28, 2021
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 +171K +278.49% $0.00 233K Nov 29, 2022 Direct F1
transaction HPQ Common Stock Tax liability -$1.8M -62.3K -26.76% $28.88 170K Nov 29, 2022 Direct F2
transaction HPQ Common Stock Sale -$3.27M -109K -63.93% $29.99 61.5K Dec 1, 2022 Direct F3, F4
holding HPQ Common Stock 885 Nov 29, 2022 By 401(k) Plan F5

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 -171K -100% 0 Nov 29, 2022 Common Stock 171K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 800 shares acquired under HP's 2021 employee stock purchase plan on 4/29/2022.
F2 Shares withheld by HP to satisfy tax withholding upon vesting.
F3 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 9/29/2022.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.79-$30.225, 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.
F5 Includes shares acquired and dividends earned through October 31, 2022 in the HP Inc. 401(k) Plan.
F6 Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F7 As previously reported, on 12/6/2019 the reporting person was granted 122,999 PARSUs. On 11/29/2022, 155,901 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 15,275 vested dividend equivalent units.