SEC Form 4 · accession 0001179706-17-000024
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G Nefkens
Officer — EVP, GM Enterprise Services
Period of report
Mar 8, 2017
Accepted (ET)
Mar 9, 2017 · 6:01 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 8, 2017 | M | 322,733 | $15.01 | A | 581,110 | D | |
| Common StockF2 | Mar 8, 2017 | S | 322,733 | $22.6381 | D | 258,377 | D | |
| Common StockF3 | holding | — | — | — | 1,012 | I | By Michael Nefkens Trust 02/27/09 |
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)F4,F5 | $15.01 | Mar 8, 2017 | M | 322,733 | D | Dec 11, 2014 | Dec 11, 2021 | Common Stock | 322,733 | 0 | D |
| Restricted Stock UnitsF7,F6 | — | Jan 4, 2017 | A | 67 | A | — | — | Common Stock | 67 | 24,942 | D |
| Restricted Stock UnitsF8,F6 | — | Jan 4, 2017 | A | 383 | A | — | — | Common Stock | 383 | 140,095 | D |
| Restricted Stock UnitsF9,F6 | — | Jan 4, 2017 | A | 140 | A | — | — | Common Stock | 140 | 51,262 | D |
Explanation of responses
- F1The total beneficial ownership includes the acquisition of 0.0290 shares at $23.50 per share received on 01/04/17 through dividends paid in shares.
- F2The price in Column 4 is a weighted average price. The prices actually paid ranged from $22.58 to $22.73. 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.
- F3There is no reportable change since the last filing. This is a reiteration of holdings only.
- F4This option became exercisable beginning on this date.
- F5This option is no longer exercisable beginning on this date.
- F6Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F7As previously reported, on 12/10/14 the reporting person was granted 40,150 restricted stock units ("RSUs"), 13,383 of which vested early on 09/17/15, 24,070 of which vested on 12/10/16, and 24,071 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 66.7213 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17.
- F8As previously reported, on 11/02/15 the reporting person was granted 207,039 RSUs, 69,013 of which vested on 11/02/16, and 69,013 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 382.5881 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17.
- F9As previously reported, on 12/09/15 the reporting person was granted 75,758 RSUs, 25,252 of which vested on 12/09/16, and 25,253 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 139.9953 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17.