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

Role: Chief People Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Kristen Ludgate
Stock symbol: HPQ
Transactions as of: Jul 12, 2023
Transactions value $: -$1,537,121
Form type: 4
Date filed: 7/14/2023, 04:34 PM
Previous filing: Dec 12, 2022
Next filing: Dec 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPQ	Common Stock	Options Exercise	$0	+85.1K	+184.06%	$0.00	131K	Jul 12, 2023	Direct
transaction	HPQ	Common Stock	Tax liability	-$1.54M	-46.7K	-35.58%	$32.90	84.6K	Jul 12, 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		-85.1K	-51.58%		79.9K	Jul 12, 2023	Common Stock	85.1K		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.