Marie Myers - Dec 7, 2021 Form 4 Insider Report for HP INC (HPQ)

Role: Chief Financial Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Marie Myers
Stock symbol: HPQ
Transactions as of: Dec 7, 2021
Transactions value $: -$339,525
Form type: 4
Date filed: 12/9/2021, 04:59 PM
Previous filing: Nov 5, 2021
Next filing: Feb 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPQ	Common Stock	Options Exercise	$0	+23.1K	+92.03%	$0.00	48.3K	Dec 7, 2021	Direct
transaction	HPQ	Common Stock	Tax liability	-$340K	-9.11K	-18.86%	$37.29	39.2K	Dec 7, 2021	Direct	F1

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	Restricted Stock Units	Award		+61.1K			61.1K	Dec 7, 2021	Common Stock	61.1K		Direct	F2, F3
transaction	HPQ	Performance Adjusted Restricted Stock Units	Award		+35.3K			35.3K	Dec 7, 2021	Common Stock	35.3K		Direct	F4
transaction	HPQ	Performance Contingent Stock Options	Award		+162K			162K	Dec 7, 2021	Common Stock	162K	$37.29	Direct	F5
transaction	HPQ	Restricted Stock Units	Options Exercise		-23.1K	-33.93%		45K	Dec 7, 2021	Common Stock	23.1K		Direct	F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld by HP to satisfy tax withholding upon vesting.
F2	Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F3	On 12/7/2021, the reporting person was granted 61,142 RSUs, one-third of which vest annually over three years on each of 12/7/2022, 12/7/2023 and 12/7/2024. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.
F4	On 12/7/2021, the reporting person was granted 35,321 performance adjusted restricted stock units ("PARSUs"), 100% of which will only be earned after certification of financial results as of 10/31/2024, subject to certain earnings per share and relative total stockholder return conditions being met as of that date. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.
F5	The performance contingent stock options granted on 12/7/2021 will vest 33.3% on each of the first two anniversaries of the grant date, and 33.4% on the third anniversary, in each case subject to the satisfaction of certain stock price performance conditions.
F6	As previously reported, on 12/7/2020, the reporting person was granted 67,568 RSUs, 22,522 of which vested on 12/7/2021, and 22,523 of which is scheduled to vest on each of 12/7/2022 and 12/7/2023. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 613 vested dividend equivalent rights.