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	+200K	+27.36%	$0.00	933K	Dec 7, 2022	Direct
transaction	HPQ	Common Stock	Tax liability	-$2.64M	-95K	-10.18%	$27.83	838K	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		-41.5K	-34.01%		80.5K	Dec 7, 2022	Common Stock	41.5K		Direct	F2, F3
transaction	HPQ	Restricted Stock Units	Options Exercise		-80.4K	-51.41%		76K	Dec 7, 2022	Common Stock	80.4K		Direct	F2, F4
transaction	HPQ	Restricted Stock Units	Options Exercise		-78.6K	-100%		0	Dec 7, 2022	Common Stock	78.6K		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 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.