David P. McQuarrie - 07 Dec 2022 Form 4 Insider Report for HP INC (HPQ)

Role: Chief Commercial Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for David P. McQuarrie
Issuer symbol: HPQ
Transactions as of: 07 Dec 2022
Net transactions value: -$393,182
Form type: 4
Filing time: 09 Dec 2022, 16:08:34 UTC
Previous filing: 03 Nov 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	+32,141	+450%	$0.000000	39,288	07 Dec 2022	Direct
transaction	HPQ	Common Stock	Tax liability	$393,182	-14,128	-36%	$27.83	25,160	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		-9,217	-34%		17,878	07 Dec 2022	Common Stock	9,217		Direct	F2, F3
transaction	HPQ	Restricted Stock Units	Options Exercise		-10,427	-51%		9,854	07 Dec 2022	Common Stock	10,427		Direct	F2, F4
transaction	HPQ	Restricted Stock Units	Options Exercise		-12,497	-100%		0	07 Dec 2022	Common Stock	12,497		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 26,817 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 278 vested dividend equivalent rights.
F4	As previously reported, on 12/7/2020, the reporting person was granted 29,561 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 573 vested dividend equivalent rights.
F5	As previously reported, on 12/6/2019, the reporting person was granted 34,146 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 1,115 vested dividend equivalent rights.