SEC Form 4 · accession 0001179706-16-000463
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Schultz
Officer — EVP, GC & SEC
Period of report
Sep 26, 2016
Accepted (ET)
Sep 28, 2016 · 6:07 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 StockF1 | Sep 26, 2016 | M | 43,164 | $12.25 | A | 106,960 | D | |
| Common StockF2,F3 | Sep 26, 2016 | S | 43,164 | $22.8375 | D | 63,796 | D | |
| Common Stock | Sep 26, 2016 | M | 273,000 | $7.69 | A | 336,796 | D | |
| Common StockF2,F3 | Sep 26, 2016 | S | 273,000 | $22.8375 | D | 63,796 | 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)F5,F6 | $12.25 | Sep 26, 2016 | M | 43,164 | D | — | May 16, 2020 | Common Stock | 43,164 | 0 | D |
| Employee Stock Option (right to buy)F4,F6 | $7.69 | Sep 26, 2016 | M | 273,000 | D | Dec 6, 2014 | Dec 6, 2020 | Common Stock | 273,000 | 273,192 | D |
| Restricted Stock UnitsF8,F7 | — | Jan 6, 2016 | A | 195 | A | — | — | Common Stock | 195 | 20,989 | D |
| Restricted Stock UnitsF9,F7 | — | Jan 6, 2016 | A | 282 | A | — | — | Common Stock | 282 | 29,777 | D |
| Restricted Stock UnitsF10,F7 | — | Jan 6, 2016 | A | 927 | A | — | — | Common Stock | 927 | 95,820 | D |
| Restricted Stock UnitsF11,F7 | — | Jan 6, 2016 | A | 452 | A | — | — | Common Stock | 452 | 46,748 | D |
Explanation of responses
- F1The total beneficial ownership includes 381.746 shares at $15.8270 per share acquired under the Issuer's 2015 Employee Stock Purchase Plan ("ESPP") on 04/29/16 with respect to shares held under the ESPP. The total beneficial ownership includes the acquisition of 1.9570 shares at $14.9495 per share received on 01/06/16 through dividends paid in shares, 1.6520 shares at $17.7723 per share received on 04/06/16 through dividends paid in shares, and 1.6010 shares at $18.4008 per share received on 07/06/16 through dividends paid in shares.
- F10As previously reported, on 11/02/15 the reporting person was granted 94,893 RSUs, 31,631 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 926.8871 dividend equivalent rights being reported reflect 352.6429 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, 290.5966 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 283.6476 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.
- F11As previously reported, on 12/09/15 the reporting person was granted 46,296 RSUs, 15,432 of which will vest on each of 12/09/16, 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 452.2058 dividend equivalent rights being reported reflect 172.0459 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, 141.7751 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 138.3848 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.
- F2The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 09/14/16.
- F3The price in Column 4 is a weighted average price. The prices actually paid ranged from $22.65 to $22.96. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff information regarding the number of shares purchased at each price within the range.
- F4This option became exercisable beginning on this date.
- F5This option vested 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date, in both cases subject to the satisfaction of certain stock price performance conditions prior to the fourth anniversary of the grant date.
- F6This option is no longer exercisable beginning on this date.
- F7Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F8As previously reported, on 12/11/13 the reporting person was granted 33,346 restricted stock units ("RSUs"), 11,115 of which vested on 12/11/14, 11,115 of which vested early on 09/17/15, and 19,992 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 195.2760 dividend equivalent rights being reported reflect 74.2946 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, 61.2227 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 59.7587 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.
- F9As previously reported, on 12/10/14 the reporting person was granted 24,090 RSUs, 8,030 of which vested early on 09/17/15, and 14,442 of which will vest on each of 12/10/16 and 12/10/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 282.1304 dividend equivalent rights being reported reflect 107.3392 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 01/06/16, 88.4532 dividend equivalent rights at $17.96 per RSU credited to the reporting person's account on 04/06/16, and 86.3380 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16.