Enrique Lores - Dec 7, 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
Dec 7, 2022
Transactions value $
-$2,643,182
Form type
4
Date filed
12/9/2022, 04:07 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 +200,457 +27.36% $0.00 933,244 Dec 7, 2022 Direct
transaction HPQ Common Stock -Tax liability -$2,643,182 -94,976 -10.18% $27.83 838,268 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 -41,471 -34.01% 80,451 Dec 7, 2022 Common Stock 41,471 Direct F2, F3
transaction HPQ Restricted Stock Units -Options Exercise -80,431 -51.41% 76,014 Dec 7, 2022 Common Stock 80,431 Direct F2, F4
transaction HPQ Restricted Stock Units -Options Exercise -78,555 -100% 0 Dec 7, 2022 Common Stock 78,555 Direct F2, F5

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 120,676 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 1,246 vested dividend equivalent rights.
F4 As previously reported, on 12/7/2020, the reporting person was granted 228,041 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 4,417 vested dividend equivalent rights.
F5 As previously reported, on 12/6/2019, the reporting person was granted 214,634 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 7,010 vested dividend equivalent rights.