SEC Form 4 · accession 0001179706-17-000123
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff T Ricci
Officer — SVP, Controller & PAO
Period of report
Apr 24, 2017
Accepted (ET)
Apr 26, 2017 · 7:17 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 | Apr 24, 2017 | M | 31,695 | $15.79 | A | 31,695 | D | |
| Common StockF1,F2 | Apr 24, 2017 | S | 31,695 | $18.2266 | D | 0 | 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)F6,F3,F4 | $15.79 | Apr 24, 2017 | M | 31,695 | D | Dec 10, 2015 | Dec 10, 2022 | Common Stock | 31,695 | 15,848 | D |
| Restricted Stock UnitsF6,F7,F5 | — | Apr 1, 2017 | A | 2,481 | A | — | — | Common Stock | 2,481 | 10,315 | D |
| Restricted Stock UnitsF6,F8,F5 | — | Apr 1, 2017 | A | 1,316 | A | — | — | Common Stock | 1,316 | 5,473 | D |
| Restricted Stock UnitsF6,F9,F5 | — | Apr 1, 2017 | A | 9,242 | A | — | — | Common Stock | 9,242 | 38,428 | D |
| Restricted Stock UnitsF6,F10,F5 | — | Apr 1, 2017 | A | 6,493 | A | — | — | Common Stock | 6,493 | 26,997 | D |
| Restricted Stock UnitsF6,F11,F5 | — | Apr 1, 2017 | A | 5,789 | A | — | — | Common Stock | 5,789 | 24,073 | 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 03/10/17.
- F10As previously reported, on 12/09/15 the reporting person was granted 30,303 RSUs, 10,101 of which vested on 12/09/16, and 13,299 of which will vest on 12/09/17, and 13,300 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 number of derivatives in column 9 includes 55.9970 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment noted in footnote (5) above.
- F11As previously reported, on 12/07/16 the reporting person was granted 18,233 restricted stock units ("RSUs"), 8,001 of which will vest on 12/07/17, and 8,002 of which will vest on each of 12/07/18 and 12/17/19. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivatives in column 9 includes 50.5392 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment noted in footnote (5) above.
- F2The price in Column 4 is a weighted average price. The prices actually paid ranged from $18.22 to $18.23. 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 reported in the Registration Statement on Form 10 filed by Issuer with the SEC, in connection with the spin-off of Everett SpinCo, Inc. on 04/01/17, equity-based awards granted by Issuer, prior to the spin-off were converted to adjust the award in a manner intended to preserve the aggregate intrinsic value of the original award as measured immediately before and immediately after the spin-off, subject to rounding. The adjusted equity award is otherwise subject to the same terms and conditions that applied to the original award immediately prior to the spin-off, unless otherwise noted. The reporting person's equity-based awards reflect that conversion adjustment.
- F7As previously reported, on 05/23/14 the reporting person was granted 12,500 RSUs, 4,166 of which vested on 05/23/15, 7,494 of which vested on 05/23/16, and 9,867 of which will vest on 05/23/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivatives in column 9 includes 20.7723 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment noted in footnote (5) above.
- F8As previously reported, on 12/10/14 the reporting person was granted 6,692 RSUs, 2,230 of which vested early on 09/17/15, 4,012 of which vested on 12/10/16, and 5,283 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 derivatives in column 9 includes 11.1235 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment noted in footnote (5) above.
- F9As previously reported, on 11/02/15 the reporting person was granted 43,133 RSUs, 14,377 of which vested on 11/02/16, 18,931 of which will vest on 11/02/17, and 18,931 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 derivatives in column 9 includes 79.7075 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment noted in footnote (5) above.