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	+189K	+22.77%	$0.00	1.02M	Dec 7, 2023	Direct
transaction	HPQ	Common Stock	Tax liability	-$2.63M	-89.3K	-8.79%	$29.41	927K	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		-62.3K	-34.15%		120K	Dec 7, 2023	Common Stock	62.3K		Direct	F2, F3
transaction	HPQ	Restricted Stock Units	Options Exercise		-43K	-51.65%		40.2K	Dec 7, 2023	Common Stock	43K		Direct	F2, F4
transaction	HPQ	Restricted Stock Units	Options Exercise		-83.3K	-100%		0	Dec 7, 2023	Common Stock	83.3K		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 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.