Barbara Barton Weiszhaar - 07 Dec 2021 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for Barbara Barton Weiszhaar
Issuer symbol
HPQ
Transactions as of
07 Dec 2021
Net transactions value
-$742,897
Form type
4
Filing time
09 Dec 2021, 16:59:46 UTC
Previous filing
02 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Options Exercise $0 +20,447 $0.000000 20,447 07 Dec 2021 Direct
transaction HPQ Common Stock Tax liability $169,110 -4,535 -22% $37.29 15,912 07 Dec 2021 Direct F1
transaction HPQ Common Stock Sale $573,787 -15,912 -100% $36.06 0 09 Dec 2021 Direct F2

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 +14,749 14,749 07 Dec 2021 Common Stock 14,749 Direct F3, F4
transaction HPQ Restricted Stock Units Options Exercise -3,616 -34% 7,038 07 Dec 2021 Common Stock 3,616 Direct F3, F5
transaction HPQ Restricted Stock Units Options Exercise -8,762 -52% 8,212 07 Dec 2021 Common Stock 8,762 Direct F3, F6
transaction HPQ Restricted Stock Units Options Exercise -8,069 -100% 0 07 Dec 2021 Common Stock 8,069 Direct F3, F7
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.04-$36.075, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F4 On 12/7/2021, the reporting person was granted 14,749 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.
F5 As previously reported, on 12/7/2020, the reporting person was granted 10,557 RSUs, 3,519 of which vested on 12/7/2021, and 3,519 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 97 vested dividend equivalent rights.
F6 As previously reported, on 12/6/2019, the reporting person was granted 24,634 RSUs, 8,211 of which vested on each of 12/7/2020 and 12/7/2021, and 8,212 of which is scheduled to vest on 12/7/2022. 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 551 vested dividend equivalent rights.
F7 As previously reported, on 12/7/2018, the reporting person was granted 22,024 RSUs, 7,341 of which vested on each of 12/7/2019 and 12/7/2020 and 7,342 of which vested on 12/7/2021. 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 727 vested dividend equivalent rights.