Alex Cho - Dec 7, 2022 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for Alex Cho
Stock symbol
HPQ
Transactions as of
Dec 7, 2022
Transactions value $
-$1,217,646
Form type
4
Date filed
12/9/2022, 04:05 PM
Previous filing
Dec 1, 2022
Next filing
Dec 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +88.2K +2941433.33% $0.00 88.2K Dec 7, 2022 Direct
transaction HPQ Common Stock Tax liability -$1.22M -43.8K -49.58% $27.83 44.5K Dec 7, 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 Restricted Stock Units Options Exercise -21.2K -34.01% 41.1K Dec 7, 2022 Common Stock 21.2K Direct F2, F3
transaction HPQ Restricted Stock Units Options Exercise -32.8K -51.41% 31K Dec 7, 2022 Common Stock 32.8K Direct F2, F4
transaction HPQ Restricted Stock Units Options Exercise -34.3K -100% 0 Dec 7, 2022 Common Stock 34.3K 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 61,679 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 637 vested dividend equivalent rights.
F4 As previously reported, on 12/7/2020, the reporting person was granted 92,905 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 1,800 vested dividend equivalent rights.
F5 As previously reported, on 12/6/2019, the reporting person was granted 93,659 RSUs, 1/3 of which vested annually over 3 years on the anniversary of 12/7/2019. Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 3,059 vested dividend equivalent rights.