4//SEC Filing
Tran Tuan 4
Accession 0001209191-22-060813
CIK 0000047217other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 8:20 PM ET
Size
14.3 KB
Accession
0001209191-22-060813
Insider Transaction Report
Form 4
HP INCHPQ
Tran Tuan
President of Printing
Transactions
- Award
Restricted Stock Units
2022-12-08+84,972→ 84,972 total→ Common Stock (84,972 underlying) - Sale
Common Stock
2022-12-09$28.33/sh−54,115$1,533,078→ 61,465 total - Award
Performance Adjusted Restricted Stock Units
2022-12-08+54,362→ 54,362 total→ Common Stock (54,362 underlying) - Award
Performance Contingent Stock Options
2022-12-08+192,418→ 192,418 totalExercise: $28.48Exp: 2032-12-08→ Common Stock (192,418 underlying)
Holdings
- 884.605(indirect: By 401(k))
Common Stock
Footnotes (8)
- [F1]The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 9/29/2022.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.23-$28.41, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer the full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Includes shares acquired and dividends earned through October 31, 2022 in the HP Inc. 401(k) Plan.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
- [F5]On 12/8/2022, the reporting person was granted 84,972 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.
- [F6]Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
- [F7]On 12/8/2022, the reporting person was granted 54,362 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.
- [F8]On 12/8/2022, the reporting person was granted 192,418 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.
Documents
Issuer
HP INC
CIK 0000047217
Entity typeother
Related Parties
1- filerCIK 0001793233
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 8:20 PM ET
- Size
- 14.3 KB