HP INC — Director's Dealing 2022

Dec 13, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HP INC (HPQ)
CIK: 0000047217
Period of Report: 2022-12-08

Reporting Person: CHO ALEX (President, Personal Systems)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-08	Restricted Stock Units	$	A	83188	Acquired		Common Stock (83188)	Direct
2022-12-08	Performance Adjusted Restricted Stock Units	$	A	53221	Acquired		Common Stock (53221)	Direct
2022-12-08	Performance Contingent Stock Options	$28.48	A	188379	Acquired	2032-12-08	Common Stock (188379)	Direct

Footnotes

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

F2: On 12/8/2022, the reporting person was granted 83,188 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2022. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.

F3: Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.

F4: On 12/8/2022, the reporting person was granted 53,221 PARSUs, which will only be earned after certification of financial results as of October 31, 2025, subject to certain earnings per share and relative total stockholder return conditions being met as of that date. Depending on the level of achievement of such goals, the actual number of PARSUs earned can range from 0% to 300% of the target number of PARSUs shown in column 5. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.

F5: On 12/8/2022, the reporting person was granted 188,379 performance contingent stock options, 1/3 of which vest annually over 3 years on the anniversary of the grant date, in each case subject to the satisfaction of certain stock price performance conditions.