Harvey Anderson - Dec 7, 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
Stock symbol: HPQ
Transactions as of: Dec 7, 2021
Transactions value $: -$1,002,221
Form type: 4
Date filed: 12/9/2021, 05:00 PM
Previous filing: Dec 8, 2021
Next filing: Dec 14, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPQ	Common Stock	Options Exercise	$0	+38.1K		$0.00	38.1K	Dec 7, 2021	Direct
transaction	HPQ	Common Stock	Tax liability	-$704K	-18.9K	-49.59%	$37.29	19.2K	Dec 7, 2021	Direct	F1
transaction	HPQ	Common Stock	Sale	-$298K	-8.27K	-43.06%	$36.02	10.9K	Dec 9, 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		+34.3K			34.3K	Dec 7, 2021	Common Stock	34.3K		Direct	F3, F4
transaction	HPQ	Performance Restricted Stock Units	Award		+19.8K			19.8K	Dec 7, 2021	Common Stock	19.8K		Direct	F5
transaction	HPQ	Performance-Contingent Stock Options	Award		+91.2K			91.2K	Dec 7, 2021	Common Stock	91.2K	$37.29	Direct	F6
transaction	HPQ	Restricted Stock Units	Options Exercise		-6.51K	-33.93%		12.7K	Dec 7, 2021	Common Stock	6.51K		Direct	F3, F7
transaction	HPQ	Restricted Stock Units	Options Exercise		-15.2K	-33.93%		29.6K	Dec 7, 2021	Common Stock	15.2K		Direct	F3, F8
transaction	HPQ	Restricted Stock Units	Options Exercise		-10.4K	-51.62%		9.76K	Dec 7, 2021	Common Stock	10.4K		Direct	F3, F9
transaction	HPQ	Restricted Stock Units	Options Exercise		-5.99K	-100%		0	Dec 7, 2021	Common Stock	5.99K		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.