ALEX CHO - 07 Dec 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: 07 Dec 2022
Net transactions value: -$1,217,646
Form type: 4
Filing time: 09 Dec 2022, 16:05:36 UTC
Previous filing: 01 Dec 2022
Next filing: 12 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	+88,243	+2941433%	$0.000000	88,246	07 Dec 2022	Direct
transaction	HPQ	Common Stock	Tax liability	$1,217,646	-43,753	-50%	$27.83	44,493	07 Dec 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		-21,196	-34%		41,120	07 Dec 2022	Common Stock	21,196		Direct	F2, F3
transaction	HPQ	Restricted Stock Units	Options Exercise		-32,768	-51%		30,969	07 Dec 2022	Common Stock	32,768		Direct	F2, F4
transaction	HPQ	Restricted Stock Units	Options Exercise		-34,279	-100%		0	07 Dec 2022	Common Stock	34,279		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.