HP INC — Director's Dealing 2021

Dec 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Schell Christoph (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-07	Common Stock	M	109454.00	$0.00	Acquired	153906.00	Direct
2021-12-07	Common Stock	F	54269.00	$37.29	Disposed	99637.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-07	Restricted Stock Units	$	A	72942.00	Acquired		Common Stock (72942.00)	Direct
2021-12-07	Performance Adjusted Restricted Stock Units	$	A	42137.00	Acquired		Common Stock (42137.00)	Direct
2021-12-07	Performance Contingent Stock Options	$37.29	A	193719.00	Acquired		Common Stock (193719.00)	Direct
2021-12-07	Restricted Stock Units	$	M	37594.00	Disposed		Common Stock (37594.00)	Direct
2021-12-07	Restricted Stock Units	$	M	39905.00	Disposed		Common Stock (39905.00)	Direct
2021-12-07	Restricted Stock Units	$	M	31955.00	Disposed		Common Stock (31955.00)	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 72,942 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.

F4: On 12/7/2021, the reporting person was granted 42,137 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 109,797 RSUs, 36,599 of which vested on 12/7/2021 and 36,599 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 995 vested dividend equivalent rights.

F7: As previously reported, on 12/6/2019, the reporting person was granted 112,195 RSUs, 37,398 of which vested on each of 12/7/2020 and 12/7/2021, and 37,399 of which is scheduled to vest on 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 2,507 vested dividend equivalent rights.

F8: As previously reported, on 12/7/2018, the reporting person was granted 87,222 RSUs, 29,074 of which vested on each of 12/7/2019, 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 2,881 vested dividend equivalent rights.