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HP INC Director's Dealing 2021

Dec 9, 2021

30213_dirs_2021-12-09_68810a0b-d30f-4b5d-8061-0eea5b256fc3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: MYERS MARIE (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-07 Common Stock M 23135.00 $0.00 Acquired 48273.00 Direct
2021-12-07 Common Stock F 9105.00 $37.29 Disposed 39168.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-07 Restricted Stock Units $ A 61142.00 Acquired Common Stock (61142.00) Direct
2021-12-07 Performance Adjusted Restricted Stock Units $ A 35321.00 Acquired Common Stock (35321.00) Direct
2021-12-07 Performance Contingent Stock Options $37.29 A 162382.00 Acquired Common Stock (162382.00) Direct
2021-12-07 Restricted Stock Units $ M 23135.00 Disposed Common Stock (23135.00) Direct

Footnotes

F1: Shares withheld by HP to satisfy tax withholding upon vesting.

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

F3: On 12/7/2021, the reporting person was granted 61,142 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.

F4: On 12/7/2021, the reporting person was granted 35,321 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.

F5: 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.

F6: As previously reported, on 12/7/2020, the reporting person was granted 67,568 RSUs, 22,522 of which vested on 12/7/2021, and 22,523 of which is scheduled to vest on each of 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. The number of derivative securities in column 5 includes 613 vested dividend equivalent rights.