HP INC — Director's Dealing 2019

Dec 11, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HP INC (HPQ)
CIK: 0000047217
Period of Report: 2019-12-06

Reporting Person: Schell Christoph (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-07	Common Stock	M	84899.00	$0.00	Acquired	144684.00	Direct
2019-12-07	Common Stock	F	42095.00	$20.50	Disposed	102589.00	Direct
2019-12-10	Common Stock	S	42804.00	$19.99	Disposed	59785.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-06	Performance Adjusted Restricted Stock Units	$	A	157165.00	Acquired		Common Stock (157165.00)	Direct
2019-12-06	Restricted Stock Units	$	A	112195.00	Acquired		Common Stock (112195.00)	Direct
2019-12-07	Restricted Stock Units	$	M	30007.00	Disposed		Common Stock (30007.00)	Direct
2019-12-07	Restricted Stock Units	$	M	25729.00	Disposed		Common Stock (25729.00)	Direct
2019-12-07	Restricted Stock Units	$	M	29163.00	Disposed		Common Stock (29163.00)	Direct

Footnotes

F1: 42,095 shares were withheld by HP to satisfy tax withholding on vesting of Restricted Stock Units ("RSUs").

F2: The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/25/2019.

F3: On 12/6/2019, the reporting person was granted 157,165 Performance Adjusted Restricted Stock Units ("PARSUs"), 100% of which will only be earned after certification of financial results as of 10/31/22, 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.

F4: Each RSU represents a contingent right to receive one share of HP common stock.

F5: On 12/6/2019, the reporting person was granted 112,195 RSUs, one-third of which vest annually over three years on each of 12/7/2020, 12/7/2021 and 12/7/2022. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.

F6: On 12/7/2018, the reporting person was granted 87,222 RSUs, 29,074 of which vested on 12/7/2019, and 29,074 of which are scheduled to vest on each of 12/7/2020 and 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 933 vested dividend equivalent rights.

F7: On 12/7/2017, the reporting person was granted 73,057 RSUs, 24,352 of which vested on each of 12/7/2018 and 12/7/2019, and 24,353 of which are scheduled to vest on 12/7/2020. 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 1,377 vested dividend equivalent rights.

F8: On 12/7/2016, the reporting person was granted 80,495 RSUs, 26,831 of which vested on 12/7/2017 and 26,832 of which vested on each of 12/7/2018 and 12/7/2019. 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 2,331 vested dividend equivalent rights.