0001562180-20-007137.txt : 20201209
0001562180-20-007137.hdr.sgml : 20201209
20201209181606
ACCESSION NUMBER: 0001562180-20-007137
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: LORES ENRIQUE
CENTRAL INDEX KEY: 0001656242
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04423
FILM NUMBER: 201378875
MAIL ADDRESS:
STREET 1: 3000 HANOVER STREET
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
0001656242
LORES ENRIQUE
C/O HP INC. 1501 PAGE MILL RD
PALO ALTO
CA
94304
true
true
false
false
President and CEO
Common Stock
2020-12-07
4
M
false
144473.00
A
603684.00
D
Common Stock
2020-12-07
4
F
false
71634.00
23.68
D
532050.00
D
Restricted Stock Units
2020-12-07
4
A
false
228041.00
A
Common Stock
228041.00
228041.00
D
Performance Adjusted Restricted Stock Units
2020-12-07
4
A
false
143735.00
A
Common Stock
143735.00
143735.00
D
Performance Contingent Stock Options
23.68
2020-12-07
4
A
false
637460.00
A
Common Stock
637460.00
637460.00
D
Restricted Stock Units
2020-12-07
4
M
false
74398.00
D
Common Stock
74398.00
143090.00
D
Restricted Stock Units
2020-12-07
4
M
false
35219.00
D
Common Stock
35219.00
32854.00
D
Restricted Stock Units
2020-12-07
4
M
false
34856.00
D
Common Stock
34856.00
0.00
D
Each RSU represents a contingent right to receive one share of HP common stock.
71,634 shares were withheld by HP to satisfy tax withholding on vesting of RSUs.
On 12/7/2020, the reporting person was granted 228,041 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 143,735 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 214,634 RSUs, 71,544 of which vested on 12/7/2020, and of which 71,545 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 2,854 vested dividend equivalent rights.
On 12/7/2018, the reporting person was granted 98,561 RSUs, 32,853 of which vested on 12/7/2019 and of which vested 32,854 on 12/7/2020 and of which 32,854 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 2,365 vested dividend equivalent rights.
On 12/7/2017, the reporting person was granted 95,374 RSUs, 31,791 of which vested on 12/7/2018 and 12/7/2019 and 31,792 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 3,064 vested dividend equivalent rights.
/s / Ruairidh Ross, Attorney-in-Fact for LORES ENRIQUE
2020-12-09