HP INC — Director's Dealing 2020

Dec 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HP INC (HPQ)
CIK: 0000047217
Period of Report: 2020-12-07

Reporting Person: Tran Tuan (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-07	Common Stock	M	61889.00	$0.00	Acquired	110787.00	Direct
2020-12-07	Common Stock	F	18107.00	$23.68	Disposed	92680.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-07	Restricted Stock Units	$	A	92905.00	Acquired		Common Stock (92905.00)	Direct
2020-12-07	Performance Adjusted Restricted Stock Units	$	A	58559.00	Acquired		Common Stock (58559.00)	Direct
2020-12-07	Performance Contingent Stock Options	$23.68	A	259706.00	Acquired		Common Stock (259706.00)	Direct
2020-12-07	Restricted Stock Units	$	M	30436.00	Disposed		Common Stock (30436.00)	Direct
2020-12-07	Restricted Stock Units	$	M	14025.00	Disposed		Common Stock (14025.00)	Direct
2020-12-07	Restricted Stock Units	$	M	17428.00	Disposed		Common Stock (17428.00)	Direct

Footnotes

F1: Each RSU represents a contingent right to receive one share of HP common stock.

F2: 18,107 shares were withheld by HP to satisfy tax withholding on vesting of RSUs.

F3: On 12/7/2020, the reporting person was granted 92,905 RSUs, one-third of which vest annually over three years on each of 12/7/2021, 12/7/2022 and 12/7/2023. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.

F4: On 12/7/2020, the reporting person was granted 59,559 Performance Adjusted Restricted Stock Units ("PARSUs"), 100% of which will only be earned after certification of financial results as of 10/31/23, 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: The performance contingent stock options granted on 12/7/2020 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 being met within five years following the grant date.

F6: On 12/6/2019, the reporting person was granted 87,805 RSUs, 29,268 of which vested on 12/7/2020, and of which 29,268 is scheduled to vest on 12/7/2021 and of which 29,269 is scheduled to vest 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 1,168 vested dividend equivalent rights.

F7: On 12/7/2018, the reporting person was granted 39,250 RSUs, 13,083 of which vested on 12/7/2019 and 12/7/2020 and of which 13,084 is expected 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 942 vested dividend equivalent rights.

F8: On 12/7/2017, the reporting person was granted 47,687 RSUs, 15,895 of which vested on 12/7/2018 and 15,896 of which vested on 12/7/2019 and 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 1,532 vested dividend equivalent rights.