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: CHO ALEX (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-07	Common Stock	M	61272.00	$0.00	Acquired	79373.00	Direct
2019-12-07	Common Stock	F	27151.00	$20.50	Disposed	52222.00	Direct
2019-12-10	Common Stock	S	22018.00	$19.99	Disposed	30204.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-06	Performance Adjusted Restricted Stock Units	$	A	131199.00	Acquired		Common Stock (131199.00)	Direct
2019-12-06	Restricted Stock Units	$	A	93659.00	Acquired		Common Stock (93659.00)	Direct
2019-12-07	Restricted Stock Units	$	M	24006.00	Disposed		Common Stock (24006.00)	Direct
2019-12-07	Restricted Stock Units	$	M	15955.00	Disposed		Common Stock (15955.00)	Direct
2019-12-07	Restricted Stock Units	$	M	21311.00	Disposed		Common Stock (21311.00)	Direct

Footnotes

F1: Includes 2.337 shares previously acquired pursuant to an exempt acquisition from HP.

F2: 27,151 shares were withheld by HP to satisfy tax withholding on vesting of Restricted Stock Units ("RSUs").

F3: The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/26/2019.

F4: On 12/6/2019, the reporting person was granted 131,199 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.

F5: Each RSU represents a contingent right to receive one share of HP common stock.

F6: On 12/6/2019, the reporting person was granted 93,659 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.

F7: On 12/7/2018, the reporting person was granted 69,778 RSUs, 23,259 of which vested on 12/7/2019, 23,259 of which are scheduled to vest on 12/7/2020, and 23,260 of which are scheduled to vest 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 747 vested dividend equivalent rights.

F8: On 12/7/2017, the reporting person was granted 45,303 RSUs, 15,101 of which vested on each of 12/7/2018 and 12/7/2019, and 15,101 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 854 vested dividend equivalent rights.

F9: On 12/7/2016, the reporting person was granted 58,824 RSUs, 19,608 of which vested on each of 12/7/2017, 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 1,703 vested dividend equivalent rights.