Kristen M. Ludgate - 12 Jul 2023 Form 4 Insider Report for HP INC (HPQ)

Role: Chief People Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Kristen Ludgate
Issuer symbol: HPQ
Transactions as of: 12 Jul 2023
Net transactions value: -$1,537,121
Form type: 4
Filing time: 14 Jul 2023, 16:34:14 UTC
Previous filing: 12 Dec 2022
Next filing: 11 Dec 2023
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	+85,079	+184%	$0.000000	131,303	12 Jul 2023	Direct
transaction	HPQ	Common Stock	Tax liability	$1,537,121	-46,721	-36%	$32.90	84,582	12 Jul 2023	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		-85,079	-52%		79,882	12 Jul 2023	Common Stock	85,079		Direct	F2, F3

* 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 7/12/2021, the reporting person was granted 239,644 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 5,198 vested dividend equivalent rights.