SEC Form 4 · accession 0001179706-15-000251
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Schultz
Officer — EVP, GC & SEC
Period of report
Nov 2, 2015
Accepted (ET)
Nov 4, 2015 · 5:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001645590
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 2, 2015 | J | 63,409 | $0.00 | A | 63,409 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3 | $14.49 | Nov 2, 2015 | A | 296,819 | A | Nov 2, 2016 | Nov 2, 2023 | Common Stock | 296,819 | 296,819 | D |
| Restricted Stock UnitsF5,F4 | — | Nov 2, 2015 | A | 94,893 | A | — | — | Common Stock | 94,893 | 94,893 | D |
Explanation of responses
- F1Hewlett-Packard Company ("HP Co.") stockholders of record on 10/21/15 ("Record Date") received one share of Hewlett Packard Enterprise common stock for every one share of HP Co. common stock held on the Record Date. The total direct beneficial ownership reflects the shares acquired by the reporting person from the pro rata distribution on 11/02/15.
- F2The performance contingent stock options 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.
- F3This option is no longer exercisable beginning on this date.
- F4Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F5On 11/02/15 the reporting person was granted 94,893 restricted stock units ("RSUs"), 31,631 of which will vest on each of 11/02/16, 11/02/17, and 11/02/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.