SEC Form 4 · accession 0001179706-16-000448
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
Sep 15, 2016
Accepted (ET)
Sep 19, 2016 · 4:56 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 StockF2,F3 | Sep 15, 2016 | M | 37,769 | $15.80 | A | 179,527 | D | |
| Common StockF1 | Sep 15, 2016 | S | 37,769 | $22.00 | D | 141,758 | D | |
| Common Stock | Sep 15, 2016 | M | 69,731 | $15.01 | A | 211,489 | D | |
| Common StockF1 | Sep 15, 2016 | S | 69,731 | $22.00 | D | 141,758 | D | |
| Common StockF4 | holding | — | — | — | 0 | I | By Joint Account with Spouse | |
| Common StockF5 | holding | — | — | — | 1,012 | 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)F6,F7 | $15.80 | Sep 15, 2016 | M | 37,769 | D | Dec 7, 2012 | Dec 7, 2019 | Common Stock | 37,769 | 0 | D |
| Employee Stock Option (Right to Buy)F6,F7 | $15.01 | Sep 15, 2016 | M | 69,731 | D | Dec 11, 2014 | Dec 11, 2021 | Common Stock | 69,731 | 130,822 | D |
| Restricted Stock UnitsF9,F8 | — | Apr 6, 2016 | A | 194 | A | — | — | Common Stock | 194 | 33,580 | D |
| Restricted Stock UnitsF10,F8 | — | Apr 6, 2016 | A | 291 | A | — | — | Common Stock | 291 | 49,631 | D |
| Restricted Stock UnitsF11,F8 | — | Apr 6, 2016 | A | 1,253 | A | — | — | Common Stock | 1,253 | 209,061 | D |
| Restricted Stock UnitsF12,F8 | — | Apr 6, 2016 | A | 458 | A | — | — | Common Stock | 458 | 76,498 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/26/16.
- 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 291.3248 dividend equivalent rights being reported reflect 147.4251 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 143.8997 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.
- F11As previously reported, on 11/02/15 the reporting person was granted 207,039 RSUs, 69,013 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. The 1,252.8947 dividend equivalent rights being reported reflect 634.0281 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 618.8666 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.
- F12As previously reported, on 12/09/15 the reporting person was granted 75,758 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. The 458.4488 dividend equivalent rights being reported reflect 231.9983 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 226.4505 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.
- F2The total direct beneficial ownership includes the acquisition of 0.0330 shares at $17.7723 per share received on 04/06/16 through dividends paid in shares, and 0.03200 shares at $18.4008 per share received on 07/06/16 through dividends paid in shares.
- F3The total direct beneficial ownership reflects an increase of 117,409 shares due to the transfer of 117,409 shares from the reporting person's trust on 05/25/16.
- F4The total indirect beneficial ownership reflects a decrease of 30,178 shares due to the transfer of 30,178 shares from the joint account reporting person has with his spouse to his trust on 01/26/16.
- F5The total indirect beneficial ownership reflects an increase of 30,178 shares due to the transfer of 30,178 shares from the reporting person's joint account with his spouse on 01/26/16, and decrease of 117,409 shares due to the transfer of 117,409 shares to the reporting person's direct beneficial ownership on 05/25/16.
- F6This option became exercisable beginning on this date.
- F7This option is no longer exercisable beginning on this date.
- F8Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- 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 193.5630 dividend equivalent rights being reported reflect 97.9527 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 95.6103 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.