SEC Form 4 · accession 0001179706-15-000332
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Richard May
Officer — EVP, HR
Period of report
Dec 9, 2015
Accepted (ET)
Dec 10, 2015 · 6:25 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 Stock | holding | — | — | — | 0 | 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)F1,F2 | $14.85 | Dec 9, 2015 | A | 137,822 | A | Dec 9, 2016 | Dec 9, 2023 | Common Stock | 137,822 | 137,822 | D |
| Restricted Stock UnitsF4,F3 | — | Dec 9, 2015 | A | 33,670 | A | — | — | Common Stock | 33,670 | 33,670 | D |
| Restricted Stock UnitsF5,F6,F3 | — | Nov 1, 2015 | J | 50,697 | A | — | — | Common Stock | 50,697 | 114,184 | D |
Explanation of responses
- F1This option will become exercisable beginning on this date.
- F2This option is no longer exercisable beginning on this date.
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4On 12/09/15 the reporting person was granted 33,670 restricted stock units ("RSUs"), 11,223 of which will vest on each of 12/09/16 and 12/09/17, and 11,224 of which will vest on 12/09/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.
- F5Hewlett-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. As reported in the Registration Statement on Form 10 filed by Issuer with the SEC, in connection with the separation, equity-based awards granted by HP Co, prior to the separation will be converted to adjust the award in a manner intended to preserve the aggregate intrinsic value of the original HP Co. award as measured immediately before and immediately after the separation, subject to rounding. The adjusted equity award will otherwise be subject to the same terms and conditions that applied to the original HP Co. award immediately prior to the separation, unless otherwise noted. The reporting person's equity-based awards granted by HP Co. prior to separation have been converted into equity-based awards with respect to the Issuer's common stock.
- F6On 06/22/15, the reporting person was granted 63,091 RSUs, 37,823 of which will vest on 06/22/16, and 37,824 of which will vest on each of 06/22/17 and 06/22/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.