SEC Form 4 · accession 0001179706-16-000487
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Youngjohns
Officer — EVP and GM, HP Software
Period of report
Nov 2, 2016
Accepted (ET)
Nov 3, 2016 · 6:46 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 | 58,215 | $22.02 | A | 58,215 | D | |
| Common Stock | Nov 2, 2016 | F | 30,378 | $22.02 | D | 27,837 | D | |
| Common Stock | Nov 2, 2016 | M | 179,890 | $14.49 | A | 207,727 | D | |
| Common StockF1,F2 | Nov 2, 2016 | S | 179,890 | $22.009 | D | 27,837 | 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)F3,F4 | $14.49 | Nov 2, 2016 | M | 179,890 | D | Nov 2, 2016 | Nov 2, 2023 | Common Stock | 179,890 | 359,781 | D |
| Restricted Stock UnitsF6,F5 | — | Oct 31, 2016 | A | 28 | A | — | — | Common Stock | 28 | 12,175 | D |
| Restricted Stock UnitsF7,F5 | — | Oct 31, 2016 | A | 43 | A | — | — | Common Stock | 43 | 18,075 | D |
| Restricted Stock UnitsF8,F5 | — | Oct 31, 2016 | A | 94 | A | — | — | Common Stock | 94 | 39,799 | D |
| Restricted Stock UnitsF9,F5 | — | Nov 2, 2016 | M | 58,215 | D | — | — | Common Stock | 58,215 | 116,426 | D |
| Restricted Stock UnitsF10,F5 | — | Oct 31, 2016 | A | 155 | A | — | — | Common Stock | 155 | 63,902 | 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 09/12/16.
- F10As previously reported, on 12/09/15 the reporting person was granted 63,131 RSUs, 21,043 of which will vest on 12/09/16, and 21,044 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 154.5263 dividend equivalent rights being reported reflect 154.5263 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.
- F2The price in Column 4 is a weighted average price. The prices actually paid ranged from $21.87 to $22.15. 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.
- F3This option became exercisable beginning on this date.
- F4This option is no longer exercisable beginning on this date.
- F5Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F6As previously reported, on 12/11/13 the reporting person was granted 19,300 restricted stock units ("RSUs"), 6,433 of which vested on 12/11/14, 6,433 of which vested early on 09/17/15, and 11,571 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 28.3224 dividend equivalent rights being reported reflect 28.3224 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.
- F7As previously reported, on 07/17/14, the reporting person was granted 29,045 RSUs, 9,681 of which vested on 07/17/15, 17,413 of which vested on 07/17/16, and 17,413 of which will vest on 07/17/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 42.6219 dividend equivalent rights being reported reflect 42.6219 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.
- F8As previously reported, on 12/10/14 the reporting person was granted 32,120 RSUs, 10,706 of which vested early on 09/17/15, and 19,256 of which will vest on 12/10/16, and 19,257 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 94.2686 dividend equivalent rights being reported reflect 94.2686 dividend equivalent rights at $22.47 per RSU credited to the reporting person's account on 10/31/16.
- F9As previously reported, on 11/02/15 the reporting person was granted 172,533 RSUs, 57,511 of which vested on 11/02/16, 57,511 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 422.3104 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 704 vested dividend equivalent rights accrued but not released since the grant date, and a de minimus adjustment of 0.4378 shares due to the rounding of fractional shares.