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

Role
President, Personal Systems
Signature
/s/ Rick Hansen as Attorney-in-Fact for Alex Cho
Issuer symbol
HPQ
Transactions as of
16 Nov 2021
Net transactions value
-$2,194,805
Form type
4
Filing time
18 Nov 2021, 17:30:33 UTC
Previous filing
06 Jul 2021
Next filing
09 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +70,533 +865% $0.000000 78,688 16 Nov 2021 Direct
transaction HPQ Common Stock Tax liability $1,002,528 -32,122 -41% $31.21 46,566 16 Nov 2021 Direct
transaction HPQ Common Stock Sale $1,192,277 -38,411 -82% $31.04 8,155 18 Nov 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 -70,533 -100% 0 16 Nov 2021 Common Stock 70,533 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.