0001562180-20-007141.txt : 20201209 0001562180-20-007141.hdr.sgml : 20201209 20201209181819 ACCESSION NUMBER: 0001562180-20-007141 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201207 FILED AS OF DATE: 20201209 DATE AS OF CHANGE: 20201209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schell Christoph CENTRAL INDEX KEY: 0001793234 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04423 FILM NUMBER: 201378882 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 primarydocument.xml PRIMARY DOCUMENT X0306 4 2020-12-07 false 0000047217 HP INC HPQ 0001793234 Schell Christoph C/O HP INC. 1501 PAGE MILL RD PALO ALTO CA 94304 false true false false Chief Commercial Officer Common Stock 2020-12-07 4 M false 96756.00 0.00 A 207583.00 D Common Stock 2020-12-07 4 F false 47974.00 23.68 D 159609.00 D Common Stock 2020-12-09 4 S false 48755.00 23.16 D 110854.00 D Restricted Stock Units 2020-12-07 4 A false 109797.00 0.00 A Common Stock 109797.00 109797.00 D Performance Adjusted Restricted Stock Units 2020-12-07 4 A false 69206.00 0.00 A Common Stock 69206.00 69206.00 D Performance Contingent Stock Option 23.68 2020-12-07 4 A false 306925.00 A Common Stock 306925.00 306925.00 D Restricted Stock Units 2020-12-07 4 M false 38890.00 0.00 D Common Stock 38890.00 74797.00 D Restricted Stock Units 2020-12-07 4 M false 31166.00 0.00 D Common Stock 31166.00 29074.00 D Restricted Stock Units 2020-12-07 4 M false 26700.00 0.00 D Common Stock 26700.00 0.00 D Each RSU represents a contingent right to receive one share of HP common stock. 47,974 shares were withheld by HP to satisfy tax withholding on vesting of RSUs. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 09/21/2020. On 12/7/2020, the reporting person was granted 109,797 RSUs, one-third of which vest annually over three years on each of 12/7/2021, 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. On 12/7/2020, the reporting person was granted 69,206 Performance Adjusted Restricted Stock Units ("PARSUs"), 100% of which will only be earned after certification of financial results as of 10/31/23, 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. The performance contingent stock options granted on 12/7/2020 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 being met within five years following the grant date. On 12/6/2019, the reporting person was granted 112,195 RSUs, 37,398 of which vested on 12/7/2020, and of which 37,398 is scheduled to vest on 12/7/2021 and of which 37,399 is scheduled to vest 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 1,492 vested dividend equivalent rights. On 12/7/2018, the reporting person was granted 87,222 RSUs, 29,074 of which vested on 12/7/2017, 12/7/2018 and 12/7/2019. 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 2,092 vested dividend equivalent rights. On 12/7/2017, the reporting person was granted 73,057 RSUs, 24,352 of which vested on 12/7/2018 and 12/7/2019 and 24,353 of which vested on 12/7/2020. 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 2,347 vested dividend equivalent rights. /s / Ruairidh Ross, Attorney-in-Fact for SCHELL CHRISTOPH 2020-12-09