SEC Form 4 · accession 0001179706-16-000394
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirt P Karros
Officer — SVP, Finance & Treasurer
Period of report
May 11, 2016
Accepted (ET)
May 12, 2016 · 5:11 pm EDT
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 | May 11, 2016 | M | 24,468 | $16.02 | A | 24,468 | D | |
| Common Stock | May 11, 2016 | F | 9,188 | $16.02 | D | 15,280 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | May 11, 2016 | M | 24,468 | D | — | — | Common Stock | 24,468 | 48,936 | D |
| Restricted Stock UnitsF3,F1 | — | Jan 6, 2016 | A | 292 | A | — | — | Common Stock | 292 | 43,425 | D |
| Restricted Stock UnitsF4,F1 | — | Jan 6, 2016 | A | 103 | A | — | — | Common Stock | 103 | 15,255 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2On 05/11/15, the reporting person was granted 40,059 restricted stock units ("RSUs"), 24,015 of which vested on 05/11/16, and 24,016 of which will vest on each of 05/11/17 and 05/11/18. 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 267.7422 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, and 220.6339 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16. The number of derivative securities in column 5 also includes 453 vested dividend equivalent rights and a de minimus adjustment of 0.4398 shares due to the rounding of fractional shares.
- F3On 11/02/15 the reporting person was granted 43,133 RSUs, 14,377 of which will vest on 11/02/16, and 14,378 of which will vest on each of 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. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 292.3804 dividend equivalent rights being reported reflect 160.2916 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, and 132.0888 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16.
- F4On 12/09/15 the reporting person was granted 15,152 RSUs, 5,050 of which will vest on 12/09/16, and 5,051 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. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 102.7090 dividend equivalent rights being reported reflect 56.3081 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, and 46.4009 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16.