Marie E. Myers - 07 Dec 2021 Form 4 Insider Report for HP INC (HPQ)

Role: Chief Financial Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Marie Myers
Issuer symbol: HPQ
Transactions as of: 07 Dec 2021
Net transactions value: -$339,525
Form type: 4
Filing time: 09 Dec 2021, 16:59:11 UTC
Previous filing: 05 Nov 2021
Next filing: 22 Feb 2022
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	+23,135	+92%	$0.000000	48,273	07 Dec 2021	Direct
transaction	HPQ	Common Stock	Tax liability	$339,525	-9,105	-19%	$37.29	39,168	07 Dec 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		+61,142			61,142	07 Dec 2021	Common Stock	61,142		Direct	F2, F3
transaction	HPQ	Performance Adjusted Restricted Stock Units	Award		+35,321			35,321	07 Dec 2021	Common Stock	35,321		Direct	F4
transaction	HPQ	Performance Contingent Stock Options	Award		+162,382			162,382	07 Dec 2021	Common Stock	162,382	$37.29	Direct	F5
transaction	HPQ	Restricted Stock Units	Options Exercise		-23,135	-34%		45,046	07 Dec 2021	Common Stock	23,135		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.