10/12/2024 | Press release | Distributed by Public on 11/12/2024 01:31
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 12/07/2024 | M | 22,665(3) | (3) | (3) | Common Stock | 22,665 | (3) | 0 | D | ||||
Restricted Stock Units | (2) | 12/07/2024 | M | 29,711(4) | (4) | (4) | Common Stock | 29,711 | (4) | 27,730 | D | ||||
Restricted Stock Units | (2) | 12/07/2024 | M | 27,534(5) | (5) | (5) | Common Stock | 27,534 | (5) | 53,721 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CHO ALEX C/O HP INC. 1501 PAGE MILL ROAD PALO ALTO, CA 94304 |
President, Personal Systems |
/s/ Rick Hansen as Attorney-in-Fact for Alex Cho | 12/10/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares withheld by HP to satisfy tax withholding upon vesting. |
(2) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock. |
(3) | As previously reported, on 12/7/2021, the reporting person was granted 61,679 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. 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 2,105 vested dividend equivalent rights. |
(4) | As previously reported, on 12/8/2022, the reporting person was granted 83,188 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. The number of derivative securities in column 5 includes 1,982 vested dividend equivalent rights. |
(5) | As previously reported, on 12/19/2023, the reporting person was granted 80,581 RSUs, 1/3 of which vested annually over 3 years on the anniversary of 12/7/2023. Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 674 vested dividend equivalent rights. |