Jonathan P. Faust - Dec 7, 2023 Form 4 Insider Report for HP INC (HPQ)

Role
Global Controller
Signature
/s/ Rick Hansen as Attorney-in-Fact for Jonathan P. Faust
Stock symbol
HPQ
Transactions as of
Dec 7, 2023
Transactions value $
-$283,248
Form type
4
Date filed
12/11/2023, 04:44 PM
Previous filing
Aug 28, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +22.9K +89.69% $0.00 48.4K Dec 7, 2023 Direct
transaction HPQ Common Stock Tax liability -$283K -9.63K -19.88% $29.41 38.8K 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 -13.4K -34.15% 25.8K Dec 7, 2023 Common Stock 13.4K Direct F2, F3
transaction HPQ Restricted Stock Units Options Exercise -9.55K -51.65% 8.94K Dec 7, 2023 Common Stock 9.55K Direct F2, F4
* 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 38,624 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 480 vested dividend equivalent rights.
F4 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 610 vested dividend equivalent rights.