Harvey Anderson - 07 Dec 2021 Form 4 Insider Report for HP INC (HPQ)

Role
Chief Legal Officer & Sec
Signature
/s/ Rick Hansen as Attorney-in-Fact for Harvey Anderson
Issuer symbol
HPQ
Transactions as of
07 Dec 2021
Net transactions value
-$1,002,221
Form type
4
Filing time
09 Dec 2021, 17:00:02 UTC
Previous filing
08 Dec 2021
Next filing
14 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 +38,092 $0.000000 38,092 07 Dec 2021 Direct
transaction HPQ Common Stock Tax liability $704,408 -18,890 -50% $37.29 19,202 07 Dec 2021 Direct F1
transaction HPQ Common Stock Sale $297,813 -8,268 -43% $36.02 10,934 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 +34,326 34,326 07 Dec 2021 Common Stock 34,326 Direct F3, F4
transaction HPQ Performance Restricted Stock Units Award +19,829 19,829 07 Dec 2021 Common Stock 19,829 Direct F5
transaction HPQ Performance-Contingent Stock Options Award +91,162 91,162 07 Dec 2021 Common Stock 91,162 $37.29 Direct F6
transaction HPQ Restricted Stock Units Options Exercise -6,507 -34% 12,669 07 Dec 2021 Common Stock 6,507 Direct F3, F7
transaction HPQ Restricted Stock Units Options Exercise -15,182 -34% 29,561 07 Dec 2021 Common Stock 15,182 Direct F3, F8
transaction HPQ Restricted Stock Units Options Exercise -10,411 -52% 9,756 07 Dec 2021 Common Stock 10,411 Direct F3, F9
transaction HPQ Restricted Stock Units Options Exercise -5,992 -100% 0 07 Dec 2021 Common Stock 5,992 Direct F3, F10
* 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.
F10 As previously reported, on 12/7/2018, the reporting person was granted 16,354 RSUs, 5,451 of which vested on each of 12/7/2019 and 12/7/2020 and 5,452 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 540 vested dividend equivalent rights.
F2 The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 9/29/2020 ..
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 34,326 RSU, 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 On 12/7/2021, the reporting person was granted 19,829 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.
F6 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.
F7 As previously reported, on 12/7/2020, the reporting person was granted 19,003 RSUs, 6,334 of which vested on 12/7/2021, 6,334 of which is scheduled to vest on 12/7/2022 and 6,335 of which is scheduled to vest on 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 173 vested dividend equivalent rights.
F8 As previously reported, on 12/7/2020, the reporting person was granted 44,341 RSUs, 14,780 of which vested on 12/7/2021, 14,780 of which is scheduled to vest on 12/7/2022 and 14,781 of which is scheduled to vest on 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 402 vested dividend equivalent rights.
F9 As previously reported, on 12/6/2019, the reporting person was granted 29,268 RSUs, 9,756 of which vested on 12/7/2020 and 12/7/2021, and 9,756 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 655 vested dividend equivalent rights.