SEC Form 4 · accession 0001179706-17-000148

Hewlett Packard Enterprise Co · HPE

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

Reporting owner

Antonio F Neri

Officer — EVP and GM EG

Period of report

Jun 16, 2017

Accepted (ET)

Jun 20, 2017 · 5:20 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	Jun 16, 2017	M	25,137	$16.49	A	30,073	D
Common Stock	Jun 16, 2017	F	9,447	$16.49	D	20,626	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 Units^F1,F3,F2	—	Jun 16, 2017	M	138	D	—	—	Common Stock	138	0	D
Restricted Stock Units^F1,F4,F2	—	Jan 4, 2017	A	242	A	—	—	Common Stock	242	43,939	D
Restricted Stock Units^F1,F5,F2	—	Jan 4, 2017	A	1,043	A	—	—	Common Stock	1,043	185,118	D
Restricted Stock Units^F1,F6,F2	—	Jan 4, 2017	A	381	A	—	—	Common Stock	381	67,736	D
Restricted Stock Units^F1,F7,F2	—	Jan 4, 2017	A	689	A	—	—	Common Stock	689	120,805	D

Explanation of responses

F1As 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.
F2Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3As previously reported, on 06/16/14 the reporting person was granted 30,490 restricted stock units ("RSUs"), 10,163 of which vested on 06/16/15, 18,278 of which vested on 06/16/16, and 24,068 of which vested on 06/16/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 138.0673 dividend equivalent rights being reported reflect 50.6695 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 87.3978 dividend equivalent rights at $17.90 per RSU credited to the reporting person's account on 04/05/17. The number of derivative securities in column 5 includes 1,069 vested dividend equivalent rights and a de minimus adjustment of 0.6130 due to fractional rounding of the dividend equivalent rights. The amount in column 9 also reflects the conversion adjustment noted in footnote (1) above.
F4As previously reported, on 12/10/14 the reporting person was granted 53,533 RSUs, 17,844 of which vested early on 09/17/15, 32,093 of which vested on 12/10/16, and 42,257 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 242.4071 dividend equivalent rights being reported reflect 88.9599 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 153.4472 dividend equivalent rights at $17.90 per RSU credited to the reporting person's account on 04/05/17. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (1) above.
F5As previously reported, on 11/02/15 the reporting person was granted 207,039 RSUs, 69,013 of which vested on 11/02/16, and 90,867 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. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 1,042.5160 dividend equivalent rights being reported reflect 382.5881 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 659.9279 dividend equivalent rights at $17.90 per RSU credited to the reporting person's account on 04/05/17. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (1) above.
F6As previously reported, on 12/09/15 the reporting person was granted 75,758 RSUs, 25,252 of which vested on 12/09/16, 33,249 of which will vest on 12/09/17, and 33,250 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. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 381.4721 dividend equivalent rights being reported reflect 139.9953 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 241.4768 dividend equivalent rights at $17.90 per RSU credited to the reporting person's account on 04/05/17. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (1) above.
F7As previously reported, on 12/07/16 the reporting person was granted 91,167 RSUs, 40,012 of which will vest on each of 12/07/17, 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. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 688.5866 dividend equivalent rights being reported reflect 252.7017 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 435.8849 dividend equivalent rights at $17.90 per RSU credited to the reporting person's account on 04/05/17. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (1) above.