Alex Cho - Nov 16, 2021 Form 4 Insider Report for HP INC (HPQ)

Role
President, Personal Systems
Signature
/s/ Rick Hansen as Attorney-in-Fact for Alex Cho
Stock symbol
HPQ
Transactions as of
Nov 16, 2021
Transactions value $
-$2,194,805
Form type
4
Date filed
11/18/2021, 05:30 PM
Previous filing
Jul 6, 2021
Next filing
Dec 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +70.5K +864.9% $0.00 78.7K Nov 16, 2021 Direct
transaction HPQ Common Stock Tax liability -$1M -32.1K -40.82% $31.21 46.6K Nov 16, 2021 Direct
transaction HPQ Common Stock Sale -$1.19M -38.4K -82.49% $31.04 8.16K Nov 18, 2021 Direct F1, F2

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 -70.5K -100% 0 Nov 16, 2021 Common Stock 70.5K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/31/2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.91-$31.15, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F4 As previously reported, on 12/7/2018 the reporting person was granted 96,210 performance adjusted target restricted stock units ("PARSUs"). On 11/16/2021, 70,533 PARSUs vested based on the achievement of certain earnings per share. 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 6,360 vested dividend equivalent units.