0001209191-22-060813.txt : 20221212
0001209191-22-060813.hdr.sgml : 20221212
20221212202000
ACCESSION NUMBER: 0001209191-22-060813
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221208
FILED AS OF DATE: 20221212
DATE AS OF CHANGE: 20221212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tran Tuan
CENTRAL INDEX KEY: 0001793233
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04423
FILM NUMBER: 221458325
MAIL ADDRESS:
STREET 1: 1501 PAGE MILL ROAD
CITY: PALO ALTO
STATE: CA
ZIP: 94304
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HP INC
CENTRAL INDEX KEY: 0000047217
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER & OFFICE EQUIPMENT [3570]
IRS NUMBER: 941081436
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 1501 PAGE MILL ROAD
CITY: PALO ALTO
STATE: CA
ZIP: 94304
BUSINESS PHONE: 6508571501
MAIL ADDRESS:
STREET 1: 1501 PAGE MILL ROAD
CITY: PALO ALTO
STATE: CA
ZIP: 94304
FORMER COMPANY:
FORMER CONFORMED NAME: HEWLETT PACKARD CO
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-12-08
0
0000047217
HP INC
HPQ
0001793233
Tran Tuan
C/O HP INC.
1501 PAGE MILL RD
PALO ALTO
CA
94304
0
1
0
0
Pres Imaging Prtng & Solutions
Common Stock
2022-12-09
4
S
0
54115
28.33
D
61465
D
Common Stock
884.605
I
By 401(k) Plan
Restricted Stock Units
2022-12-08
4
A
0
84972
A
Common Stock
84972
84972
D
Performance Adjusted Restricted Stock Units
2022-12-08
4
A
0
54362
A
Common Stock
54362
54362
D
Performance Contingent Stock Options
28.48
2022-12-08
4
A
0
192418
A
2032-12-08
Common Stock
192418
192418
D
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.
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.
Includes shares acquired and dividends earned through October 31, 2022 in the HP Inc. 401(k) Plan.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
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.
Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
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.
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.
/s/ Rick Hansen as Attorney-in-Fact for Tuan Tran
2022-12-12