SEC Form 4 · accession 0001179706-16-000479
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
Nov 2, 2016
Accepted (ET)
Nov 3, 2016 · 6:43 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 | Nov 2, 2016 | M | 14,554 | $22.02 | A | 14,554 | D | |
| Common Stock | Nov 2, 2016 | F | 5,470 | $22.02 | D | 9,084 | 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 | — | Jul 6, 2016 | A | 261 | A | — | — | Common Stock | 261 | 49,197 | D |
| Restricted Stock UnitsF3,F1 | — | Nov 2, 2016 | M | 14,554 | D | — | — | Common Stock | 14,554 | 29,106 | D |
| Restricted Stock UnitsF4,F1 | — | Jul 6, 2016 | A | 82 | A | — | — | Common Stock | 82 | 15,337 | 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 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 261.1422 dividend equivalent rights being reported reflect 143.5739 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16, and 117.5683 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.
- F3As previously reported, on 11/02/15 the reporting person was granted 43,133 RSUs, 14,377 of which vested 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. The number of derivative securities in column 5 includes 128.9302 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16, and 105.5770 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16. The number of derivative securities in column 5 also includes 177 vested dividend equivalent rights accrued but not released since the grant date, and a de minimus adjustment of 0.1124 shares due to the rounding of fractional shares.
- F4As previously reported, on 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. The 82.3790 dividend equivalent rights being reported reflect 45.2913 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16, and 37.0877 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.