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HP INC — Director's Dealing 2024
Dec 11, 2024
30213_dirs_2024-12-10_bbf08da3-d48a-47cf-a834-a2fe7858f894.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: 2024-12-07
Reporting Person: LORES ENRIQUE (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-07 | Common Stock | M | 169612 | — | Acquired | 200958 | Direct |
| 2024-12-07 | Common Stock | F | 80343 | $36.2 | Disposed | 120615 | Direct |
| 2024-12-09 | Common Stock | M | 105751 | $28.48 | Acquired | 226366 | Direct |
| 2024-12-09 | Common Stock | S | 137094 | $36.45 | Disposed | 89272 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-07 | Restricted Stock Units | $ | M | 44345 | Disposed | Common Stock (44345) | Direct | |
| 2024-12-07 | Restricted Stock Units | $ | M | 64333 | Disposed | Common Stock (64333) | Direct | |
| 2024-12-07 | Restricted Stock Units | $ | M | 60934 | Disposed | Common Stock (60934) | Direct | |
| 2024-12-09 | Performance Contingent Stock Options | $28.48 | M | 105751 | Disposed | 2032-12-08 | Common Stock (105751) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 888908 | Indirect |
Footnotes
F1: Shares withheld by HP to satisfy tax withholding upon vesting.
F2: The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/10/2024.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.145-$36.755, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4: Represents shares held by a limited partnership, which is ultimately controlled by the reporting person.
F5: Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F6: As previously reported, on 12/7/2021, the reporting person was granted 120,676 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. 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 4,119 vested dividend equivalent rights.
F7: As previously reported, on 12/8/2022, the reporting person was granted 180,126 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. The number of derivative securities in column 5 includes 4,291 vested dividend equivalent rights.
F8: As previously reported, on 12/19/2023, the reporting person was granted 178,336 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 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 1,489 vested dividend equivalent rights.
F9: On 12/8/2022, the reporting person was granted 634,503 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.