Enrique Lores - 16 Nov 2021 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for Enrique Lores
Issuer symbol
HPQ
Transactions as of
16 Nov 2021
Net transactions value
-$1,397,428
Form type
4
Filing time
18 Nov 2021, 17:33:23 UTC
Previous filing
05 Oct 2021
Next filing
06 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +99,626 +20% $0.000000 597,676 16 Nov 2021 Direct
transaction HPQ Common Stock Tax liability $1,397,428 -44,775 -7.5% $31.21 552,901 16 Nov 2021 Direct

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 -99,626 -100% 0 16 Nov 2021 Common Stock 99,626 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F2 As previously reported, on 12/7/2018 the reporting person was granted 135,896 PARSUs. On 11/16/2021, 99,626 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 8,983 vested dividend equivalent units.