Christoph Schell - 16 Nov 2021 Form 4 Insider Report for HP INC (HPQ)

Role: Chief Commercial Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Christoph Schell
Issuer symbol: HPQ
Transactions as of: 16 Nov 2021
Net transactions value: -$1,364,345
Form type: 4
Filing time: 18 Nov 2021, 17:35:32 UTC
Previous filing: 09 Nov 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	+88,167		$0.000000	88,167	16 Nov 2021	Direct
transaction	HPQ	Common Stock	Tax liability	$1,364,345	-43,715	-50%	$31.21	44,452	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		-88,167	-100%		0	16 Nov 2021	Common Stock	88,167		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 120,262 performance adjusted target restricted stock units ("PARSUs"). On 11/16/2021, 88,167 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 7,949 vested dividend equivalent units.

Content

Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.

As previously reported, on 12/7/2018 the reporting person was granted 120,262 performance adjusted target restricted stock units ("PARSUs"). On 11/16/2021, 88,167 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 7,949 vested dividend equivalent units.