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

Role: Chief Commercial Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Christoph Schell
Stock symbol: HPQ
Transactions as of: Nov 16, 2021
Transactions value $: -$1,364,345
Form type: 4
Date filed: 11/18/2021, 05:35 PM
Previous filing: Nov 9, 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	+88.2K		$0.00	88.2K	Nov 16, 2021	Direct
transaction	HPQ	Common Stock	Tax liability	-$1.36M	-43.7K	-49.58%	$31.21	44.5K	Nov 16, 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		-88.2K	-100%		0	Nov 16, 2021	Common Stock	88.2K		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.