SEC Form 4 · accession 0001179706-16-000426
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
Jun 22, 2016
Accepted (ET)
Jun 23, 2016 · 8:17 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 | Jun 22, 2016 | M | 38,318 | $19.21 | A | 38,318 | D | |
| Common Stock | Jun 22, 2016 | F | 19,996 | $19.21 | D | 18,322 | 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 | — | Jun 22, 2016 | M | 38,318 | D | — | — | Common Stock | 38,318 | 76,636 | D |
| Restricted Stock UnitsF3,F1 | — | Jan 6, 2016 | A | 585 | A | — | — | Common Stock | 585 | 86,851 | D |
| Restricted Stock UnitsF4,F1 | — | Jan 6, 2016 | A | 228 | A | — | — | Common Stock | 228 | 33,898 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2As previously reported, on 06/22/15, the reporting person was granted 63,091 restricted stock units ("RSUs"), 37,823 of which vested 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. The number of derivative securities in column 5 includes 421.6828 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16 and 347.4891 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 495 vested dividend equivalent rights accrued but not released since the grant date, and a de minimus adjustment of 0.8354 shares due to the rounding of fractional shares.
- F3As previoiusly reported, on 11/02/15, the reporting person was granted 86,266 RSUs, 28,755 of which will vest on each of 11/02/16 and 11/02/17, and 28,756 of which will vest on 11/02/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 584.7607 dividend equivalent rights being reported reflect 320.5831 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, and 264.1776 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16.
- F4As previously reported, on 12/09/15, the reporting person was granted 33,670 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. The 228.2347 dividend equivalent rights being reported reflect 125.1250 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, and 103.1097 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16.