SEC Form 4 · accession 0001179706-15-000333
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G Nefkens
Officer — EVP, Enterprise Services
Period of report
Dec 9, 2015
Accepted (ET)
Dec 10, 2015 · 6:26 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 | holding | — | — | — | 30,590 | D | ||
| Common StockF2 | holding | — | — | — | 88,243 | I | By Michael Nefkens Trust 02/27/09 |
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)F3,F4 | $14.85 | Dec 9, 2015 | A | 310,101 | A | Dec 9, 2016 | Dec 9, 2023 | Common Stock | 310,101 | 310,101 | D |
| Restricted Stock UnitsF6,F5 | — | Dec 9, 2015 | A | 75,758 | A | — | — | Common Stock | 75,758 | 75,758 | D |
| Restricted Stock UnitsF7,F8,F5 | — | Nov 1, 2015 | J | 17,193 | A | — | — | Common Stock | 17,193 | 38,724 | D |
| Restricted Stock UnitsF9,F5 | — | Nov 1, 2015 | J | 14,770 | A | — | — | Common Stock | 14,770 | 33,268 | D |
| Restricted Stock UnitsF10,F5 | — | Nov 1, 2015 | J | 21,827 | A | — | — | Common Stock | 21,827 | 49,161 | D |
Explanation of responses
- F1The amount reported reflects a de minimus adjustment of 0.0240 shares due to the rounding of fractional shares.
- F10As previously reported, on 12/10/14 the reporting person was granted 40,150 RSUs, 13,383 of which vested early on 09/17/15, 24,070 of which will vest on 12/10/16, and 24,071 of which will vest on 12/10/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 includes 168.1896 dividend equivalent rights at $28.01 per RSU credited to the reporting person's account on 10/07/15.
- F2There is no reportable change since the last filing. This is a reiteration of holdings only.
- F3This option will become exercisable beginning on this date.
- F4This option is no longer exercisable beginning on this date.
- F5Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F6On 12/09/15 the reporting person was granted 75,758 restricted stock units ("RSUs"), 25,252 of which will vest on 12/09/16, and 25,253 of which will vest on each of 12/09/17 and 12/09/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.
- F7Hewlett-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.
- F8As previously reported, on 01/16/13 the reporting person was granted 61,012 restricted stock units ("RSUs"), 20,337 of which vested on 01/16/14 and 01/16/15, and 36,578 of which will vest on 01/16/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 includes 127.7932 dividend equivalent rights at $28.01 per RSU credited to the reporting person's account on 10/07/15.
- F9As previously reported, on 12/11/13 the reporting person was granted 53,354 RSUs, 17,784 of which vested on 12/11/14, 17,785 of which vested early on 09/17/15, and 31,986 of which will vest on 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 includes 111.7515 dividend equivalent rights at $28.01 per RSU credited to the reporting person's account on 10/07/15.