UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported)
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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(Address of principal executive offices)
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(Zip code)
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(650 ) 857-1501
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On April 19, 2022, HP Inc. (“HP”) held its 2022 annual meeting of stockholders (the “2022 Annual Meeting”). At the 2022 Annual
Meeting, HP’s stockholders approved the Third Amended and Restated HP Inc. 2004 Stock Incentive Plan (the “Amended 2004 Plan”), which had previously been approved by the HR and Compensation Committee of the Board of Directors of HP, subject to
stockholder approval.
The primary change to the Amended 2004 Plan is to make an additional 30,000,000 shares of HP’s common stock available for issuance
pursuant to share-based compensation awards granted under the plan. In addition to this amendment, the Amended 2004 Plan includes a handful of housekeeping amendments, including (i) changes to address recent changes to Section 162(m) of the Internal
Revenue Code; (ii) changes to address changes to applicable law and accounting rules; and (iii) incorporation of additional provisions to improve HP’s corporate governance practices related to the plan.
The material terms of the Amended 2004 Plan are described in HP’s definitive proxy statement on Schedule 14A filed with the U.S.
Securities and Exchange Commission on February 23, 2022 (the “Proxy Statement”), and the description of the plan included in the Proxy Statement is incorporated herein by reference as Exhibit 99.1. The description of the Amended 2004 Plan is
qualified in its entirety by reference to the full text of the Amended 2004 Plan, a copy of which is filed as Exhibit 10.1 hereto.
| Item 5.07. |
Submission of Matters to a Vote of Security Holders.
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At the 2022 Annual Meeting held on April 19, 2022, HP’s stockholders voted on the five proposals outlined in the Proxy Statement and
cast their votes as described below.
Proposal 1
HP’s stockholders elected thirteen individuals to HP’s Board of Directors for the succeeding year or until their successors are duly
qualified and elected as set forth below:
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Name
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Votes For
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%
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Votes Against
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Abstentions
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Broker Non-
Votes
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Aida M. Alvarez
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749,555,423
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96.8%
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24,612,385
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1,287,180
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118,829,581
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Shumeet Banerji
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739,264,811
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95.5%
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34,829,067
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1,361,110
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118,829,581
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Robert R. Bennett
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752,156,900
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97.2%
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21,993,579
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1,304,509
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118,829,581
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Charles V. Bergh
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717,851,460
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92.9%
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54,786,416
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2,817,112
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118,829,581
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Bruce Broussard
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770,661,607
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99.6%
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3,443,279
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1,350,102
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118,829,581
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Stacy Brown-Philpot
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752,749,560
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97.2%
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21,488,262
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1,217,166
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118,829,581
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Stephanie A. Burns
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742,746,012
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95.9%
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31,482,695
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1,226,281
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118,829,581
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Mary Anne Citrino
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756,254,600
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97.7%
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17,956,241
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1,244,147
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118,829,581
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Richard Clemmer
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756,567,452
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97.7%
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17,545,796
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1,341,740
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118,829,581
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Enrique Lores
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759,297,069
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98.1%
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14,923,641
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1,234,278
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118,829,581
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Judith Miscik
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765,834,916
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98.9%
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8,371,293
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1,248,779
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118,829,581
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Kim K.W. Rucker
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764,414,763
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98.7%
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9,769,230
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1,270,995
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118,829,581
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Subra Suresh
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756,399,200
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97.7%
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17,705,608
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1,350,180
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118,829,581
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Proposal 2
HP’s stockholders ratified the appointment of Ernst & Young LLP as HP’s independent registered public accounting firm for the
fiscal year ending October 31, 2022 as set forth below:
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Votes For
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%
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Votes Against
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Abstentions
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833,031,230
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93.2%
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59,325,466
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1,927,873
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Proposal 3
HP’s stockholders approved, by advisory vote, HP’s executive compensation as set forth below:
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Votes For
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%
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Votes Against
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Abstentions
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Broker Non-
Votes
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710,389,092
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91.6%
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62,340,282
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2,725,614
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118,829,581
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Proposal 4
HP’s stockholders approved the Third Amended and Restated HP Inc. 2004 Stock Incentive Plan as set forth below:
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Votes For
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%
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Votes Against
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Abstentions
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Broker Non-
Votes
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709,633,079
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91.5%
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63,366,344
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2,455,565
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118,829,581
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Proposal 5
HP’s stockholders did not approve the stockholder proposal to reduce the ownership threshold for calling a special meeting of
stockholders as set forth below:
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Votes For
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%
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Votes Against
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Abstentions
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Broker Non-
Votes
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302,914,196
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39.1%
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469,549,029
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2,991,763
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118,829,581
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| Item 9.01. |
Financial Statements and Exhibits.
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Exhibit
Number
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Description
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Third Amended and Restated HP Inc. 2004 Stock Incentive Plan
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The section entitled “Board Proposal No. 4 To Approve the Third Amended and Restated HP Inc. 2004 Stock Incentive Plan” included in the Proxy Statement is incorporated herein by reference
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104
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Cover Page Interactive Data File, formatted in Inline XBRL (included as Exhibit 101).
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
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HP INC.
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DATE: April 22, 2022
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By:
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/s/ RICK HANSEN
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Name:
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Rick Hansen
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Title:
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Deputy General Counsel, Corporate, and Corporate Secretary
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