0001562180-20-007136.txt : 20201209
0001562180-20-007136.hdr.sgml : 20201209
20201209181514
ACCESSION NUMBER: 0001562180-20-007136
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: CHO ALEX
CENTRAL INDEX KEY: 0001744718
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04423
FILM NUMBER: 201378872
MAIL ADDRESS:
STREET 1: HP
STREET 2: 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
0001744718
CHO ALEX
C/O HP INC.
1501 PAGE MILL ROAD
PALO ALTO
CA
94304
false
true
false
false
President, Personal Systems
Common Stock
2020-12-07
4
M
false
73955.00
0.00
A
101102.00
D
Common Stock
2020-12-07
4
F
false
36669.00
23.68
D
64433.00
D
Restricted Stock Unit
2020-12-07
4
A
false
92905.00
A
Common Stock
92905.00
92905.00
D
Performance Adjusted Restricted Stock Units
2020-12-07
4
A
false
58559.00
A
Common Stock
58559.00
58559.00
D
Performance Contingent Stock Options
23.68
2020-12-07
4
A
false
259706.00
A
Common Stock
259706.00
259706.00
D
Restricted Stock Unit
2020-12-07
4
M
false
32465.00
D
Common Stock
32465.00
62440.00
D
Restricted Stock Unit
2020-12-07
4
M
false
24933.00
D
Common Stock
24933.00
11753.00
D
Restricted Stock Unit
2020-12-07
4
M
false
16557.00
D
Common Stock
16557.00
0.00
D
Each RSU represents a contingent right to receive one share of HP common stock.
36,669 shares were withheld by HP to satisfy tax withholding on vesting of RSUs.
On 12/7/2020, the reporting person was granted 92,905 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 58,559 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 93,659 RSUs, 31,219 of which vested on 12/7/2020, and of which 31,220 is scheduled to vest on 12/7/2021 and 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 1,246 vested dividend equivalent rights.
On 12/7/2018, the reporting person was granted 35,258 RSUs, 11,752 which vested on 12/7/2019 and of which vested 11,753 on 12/7/2020 and of which 11,753 is expected to vest on 12/7/2021. 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 1,674 vested dividend equivalent rights.
On 12/7/2017, the reporting person was granted 45,303 RSUs, 15,101 of which vested on 12/7/2018, 12/7/2019 and 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 1,456 vested dividend equivalent rights.
/s / Ruairidh Ross, Attorney-in-Fact for CHO ALEX
2020-12-09