HP INC — Director's Dealing 2015

Dec 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HP INC (HPQ)
CIK: 0000047217
Period of Report: 2015-12-09

Reporting Person: LESJAK CATHERINE A (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-10	Common Stock	M	32503	$12.36	Acquired	74238	Direct
2015-12-10	Common Stock	F	16213	$12.36	Acquired	58025	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-09	Restricted Stock Units	$	A	165153	Acquired		Common Stock (165153)	Direct
2015-12-09	Performance Adjusted Restricted Stock Units	$	A	240841	Acquired		Common Stock (240841)	Direct
2015-12-10	Restricted Stock Units	$	M	32503	Disposed		Common Stock (32503)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29549	Indirect
Common Stock	306	Indirect

Footnotes

F1: There is no reportable change since the last filing. This is a reiteration of holdings only.

F2: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F3: On 12/09/15 the reporting person was granted 165,153 RSUs, 55,051 of which will vest on each of 12/09/2016, 12/09/2017 and 12/09/2018. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.

F4: On 12/09/15 the reporting person was granted 240,841 performance adjusted restricted stock units ("PARSUs"), 50% of which will vest on each of 12/09/17 and 12/09/18, in each case subject to certain return on invested capital performance conditions and/or relative total stockholder return conditions being met at the time of vesting. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.

F5: The share amounts reported reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.

F6: On 12/10/14 the reporting person was granted 95,484 restricted stock units ("RSUs"), 31,828 of which vested on 12/10/15, and 31,828 of which will vest on each of 12/10/16 and 12/10/17. 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 675 vested dividend equivalent rights. The amounts reflected in this footnote reflect the conversion of the awards upon the distribution of the Hewlett Packard Enterprise shares on November 1, 2015.