SEC Form 4 · accession 0001179706-16-000570

Hewlett Packard Enterprise Co · HPE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Christopher P Hsu

Officer — EVP, GM Software, COO

Period of report

Dec 9, 2016

Accepted (ET)

Dec 13, 2016 · 6:40 pm EST

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
Common Stock	Dec 9, 2016	M	27,564	$14.85	A	80,960	D
Common Stock^F1,F2	Dec 9, 2016	S	27,564	$24.559	D	53,396	D
Common Stock	Dec 9, 2016	M	17,042	$24.51	A	70,438	D
Common Stock	Dec 9, 2016	F	8,894	$24.51	D	61,544	D
Common Stock	Dec 10, 2016	M	15,887	$24.51	A	77,431	D
Common Stock	Dec 10, 2016	F	8,291	$24.51	D	69,140	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	$14.85	Dec 9, 2016	M	27,564	D	Dec 9, 2016	Dec 9, 2023	Common Stock	27,564	179,170	D
Restricted Stock Units^F6,F5	—	Dec 10, 2016	M	15,887	D	—	—	Common Stock	15,887	15,885	D
Restricted Stock Units^F7,F5	—	Dec 9, 2016	M	17,042	D	—	—	Common Stock	17,042	34,080	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 09/14/16.
F2The price in Column 4 is a weighted average price. The prices actually paid ranged from $24.45 to $24.62. 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 12/10/14, the reporting person was granted 25,641 restricted stock units ("RSUs"), 8,547 of which vested early on 09/17/15, and 15,887 of which vested on 12/10/16, and 15,372 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 number of derivative securities in column 5 includes 515 vested dividend equivalent rights and a de minimus adjustment of 0.6441 due to fractional rounding of the dividend equivalent rights.
F7As previously reported, on 12/09/15 the reporting person was granted 50,505 RSUs, 16,835 of which vested on 12/09/16, and 16,835 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 number of derivative securities in column 5 includes 207 vested dividend equivalent rights and a de minimus adjustment of 0.0605 due to fractional rounding of the dividend equivalent rights.