HP INC — Director's Dealing 2021

Dec 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HP INC (HPQ)
CIK: 0000047217
Period of Report: 2021-12-07

Reporting Person: Ludgate Kristen M (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-07	Restricted Stock Units	$	A	34326.00	Acquired		Common Stock (34326.00)	Direct
2021-12-07	Performance Adjusted Restricted Stock Units	$	A	19829.00	Acquired		Common Stock (19829.00)	Direct
2021-12-07	Performance Contingent Stock Options	$37.29	A	91162.00	Acquired		Common Stock (91162.00)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.

F2: On 12/7/2021, the reporting person was granted 34,326 Restricted Stock Units RSUs, 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.

F3: 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.

F4: 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.