Enrique Lores - Nov 28, 2023 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for Enrique Lores
Stock symbol
HPQ
Transactions as of
Nov 28, 2023
Transactions value $
-$2,801,107
Form type
4
Date filed
11/30/2023, 05:55 PM
Previous filing
Oct 4, 2023
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 +197K +27.09% $0.00 926K Nov 28, 2023 Direct
transaction HPQ Common Stock Tax liability -$2.8M -97.8K -10.57% $28.64 828K Nov 28, 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 Performance Adjusted Restricted Stock Units Options Exercise -197K -100% 0 Nov 28, 2023 Common Stock 197K 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 performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F3 As previously reported, on 12/7/2020 the reporting person was granted 143,735 PARSUs. On 11/28/2023, 180,100 PARSUs vested based on the achievement of certain earnings per share and total shareholder return conditions. Dividend equivalent units accrued with respect to these PARSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 17,165 vested dividend equivalent units.