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