SEC Form 4 · accession 0001179706-17-000154
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Richard May
Officer — EVP, HR
Period of report
Jun 22, 2017
Accepted (ET)
Jun 26, 2017 · 6:23 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 22, 2017 | M | 51,042 | $16.68 | A | 88,713 | D | |
| Common Stock | Jun 22, 2017 | F | 19,183 | $16.68 | D | 69,530 | 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 UnitsF2,F3,F1 | — | Jun 22, 2017 | M | 51,042 | D | — | — | Common Stock | 51,042 | 51,042 | D |
| Restricted Stock UnitsF2,F4,F1 | — | Jan 4, 2017 | A | 434 | A | — | — | Common Stock | 434 | 77,131 | D |
| Restricted Stock UnitsF2,F5,F1 | — | Jan 4, 2017 | A | 170 | A | — | — | Common Stock | 170 | 30,105 | D |
| Restricted Stock UnitsF2,F6,F1 | — | Jan 4, 2017 | A | 383 | A | — | — | Common Stock | 383 | 67,113 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2As 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.
- F3As previously reported, on 06/22/15, the reporting person was granted 63,091 restricted stock units ("RSUs"), 37,823 of which vested on 06/22/16, and 49,801 of which vested on 06/22/17, and 49,802 of which will vest on 06/22/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. Also included in column 9 is 571.3722 dividend equivalent rights that reflect 209.6853 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 361.6869 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 1,241 vested dividend equivalent rights and a de minimus adjustment of 0.8339 due to fractional rounding of the dividend equivalent rights. Unvested RSUs in this footnote, and the amount in column 9 also reflect the conversion adjustment noted in footnote (2) above.
- F4As previously reported, on 11/02/15, the reporting person was granted 86,266 RSUs, 28,755 of which vested on 11/02/16, 37,861 of which will vest on 11/02/17, and 37,861 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 434.3804 dividend equivalent rights being reported reflect 159.4122 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 274.9682 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 (2) above.
- F5As previously reported, on 12/09/15, the reporting person was granted 33,670 RSUs, 11,223 of which vested on 12/09/16, 14,777 of which will vest on 12/09/17, and 14,778 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 169.5424 dividend equivalent rights being reported reflect 62.2198 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 107.3226 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 (2) above.
- F6As previously reported, on 12/07/16, the reporting person was granted 50,648 RSUs, 22,228 of which will vest on 12/07/17, and 22,229 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 382.5448 dividend equivalent rights being reported reflect 140.3889 dividend equivalent rights at $23.45 per RSU credited to the reporting person's account on 01/04/17, and 242.1559 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 (2) above.