Enrique Lores - Dec 7, 2023 Form 4 Insider Report for HP INC (HPQ)

Role
President and CEO, Director
Signature
/s/ Rick Hansen as Attorney-in-Fact for Enrique Lores
Stock symbol
HPQ
Transactions as of
Dec 7, 2023
Transactions value $
-$2,626,931
Form type
4
Date filed
12/11/2023, 04:45 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 +188,503 +22.77% $0.00 1,016,232 Dec 7, 2023 Direct
transaction HPQ Common Stock -Tax liability -$2,626,931 -89,321 -8.79% $29.41 926,911 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 -62,277 -34.15% 120,084 Dec 7, 2023 Common Stock 62,277 Direct F2, F3
transaction HPQ Restricted Stock Units -Options Exercise -42,967 -51.65% 40,226 Dec 7, 2023 Common Stock 42,967 Direct F2, F4
transaction HPQ Restricted Stock Units -Options Exercise -83,259 -100% 0 Dec 7, 2023 Common Stock 83,259 Direct F2, F5

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 180,126 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 2,235 vested dividend equivalent rights.
F4 As previously reported, on 12/7/2021, the reporting person was granted 120,676 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 2,742 vested dividend equivalent rights.
F5 As previously reported, on 12/7/2020, the reporting person was granted 228,041 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 7,245 vested dividend equivalent rights.