Alex Cho - Dec 7, 2023 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for Alex Cho
Stock symbol
HPQ
Transactions as of
Dec 7, 2023
Transactions value $
-$1,234,367
Form type
4
Date filed
12/11/2023, 04:44 PM
Previous filing
Nov 30, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +84.6K +384.69% $0.00 107K Dec 7, 2023 Direct
transaction HPQ Common Stock Tax liability -$1.23M -42K -39.36% $29.41 64.7K Dec 7, 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 -28.8K -34.15% 55.5K Dec 7, 2023 Common Stock 28.8K Direct F2, F3
transaction HPQ Restricted Stock Units Options Exercise -22K -51.65% 20.6K Dec 7, 2023 Common Stock 22K Direct F2, F4
transaction HPQ Restricted Stock Units Options Exercise -33.9K -100% 0 Dec 7, 2023 Common Stock 33.9K 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 12/8/2022, the reporting person was granted 83,188 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2022. 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 1,033 vested dividend equivalent rights.
F4 As previously reported, on 12/7/2021, the reporting person was granted 61,679 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 1,402 vested dividend equivalent rights.
F5 As previously reported, on 12/7/2020, the reporting person was granted 92,905 RSUs, 1/3 of which vested annually over 3 years on the anniversary of the grant date. 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 2,951 vested dividend equivalent rights.