SEC Form 4 · accession 0001179706-16-000480
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
Nov 2, 2016
Accepted (ET)
Nov 3, 2016 · 6:44 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 | 29,107 | $22.02 | A | 47,429 | D | |
| Common Stock | Nov 2, 2016 | F | 15,189 | $22.02 | D | 32,240 | 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 | 411 | A | — | — | Common Stock | 411 | 77,047 | D |
| Restricted Stock UnitsF3,F1 | — | Nov 2, 2016 | M | 29,107 | D | — | — | Common Stock | 29,107 | 58,213 | D |
| Restricted Stock UnitsF4,F1 | — | Jul 6, 2016 | A | 183 | A | — | — | Common Stock | 183 | 34,081 | 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 411.2859 dividend equivalent rights being reported reflect 226.1217 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16, and 185.1642 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.
- F3As previoiusly reported, on 11/02/15, the reporting person was granted 86,266 RSUs, 28,755 of which vested on 11/02/16, 28,755 of which will vest on 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 number of derivative securities in column 5 includes 257.8603 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16, and 211.1540 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 352 vested dividend equivalent rights accrued but not released since the grant date, and a de minimus adjustment of 0.2250 shares due to the rounding of fractional shares.
- 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 183.0583 dividend equivalent rights being reported reflect 100.6440 dividend equivalent rights at $18.40 per RSU credited to the reporting person's account on 07/06/16, and 82.4143 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.