SEC Form 4 · accession 0001179706-17-000200
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret C Whitman
Officer — CEO · Director
Period of report
Sep 13, 2017
Accepted (ET)
Sep 14, 2017 · 6:25 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 | Sep 13, 2017 | M | 124,519 | $4.97 | A | 892,118 | D | |
| Common StockF1 | Sep 13, 2017 | S | 124,519 | $13.08 | D | 767,599 | D | |
| Common Stock | Sep 14, 2017 | M | 124,533 | $4.97 | A | 892,132 | D | |
| Common StockF1,F2 | Sep 14, 2017 | S | 124,533 | $13.1967 | D | 767,599 | D | |
| Common StockF3 | holding | — | — | — | 66 | I | By Living Trust |
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)F5,F6,F7 | $4.97 | Sep 13, 2017 | M | 124,519 | D | Dec 6, 2014 | Jan 2, 2021 | Common Stock | 124,519 | 373,573 | D |
| Employee Stock Option (right to buy)F5,F6,F7 | $4.97 | Sep 14, 2017 | M | 124,533 | D | Dec 6, 2014 | Jan 2, 2021 | Common Stock | 124,533 | 249,040 | D |
| Restricted Stock UnitsF5,F8,F4 | — | holding | — | — | — | — | — | Common Stock | — | 109,916 | D |
| Restricted Stock UnitsF5,F9,F4 | — | holding | — | — | — | — | — | Common Stock | — | 593,740 | D |
| Restricted Stock UnitsF5,F10,F4 | — | holding | — | — | — | — | — | Common Stock | — | 251,049 | D |
| Restricted Stock UnitsF5,F11,F4 | — | holding | — | — | — | — | — | Common Stock | — | 447,758 | 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 03/13/17.
- F10As previously reported, on 12/09/15 the reporting person was granted 218,855 RSUs, 72,951 of which vested on 12/09/16, and 122,768 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. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (5) above.
- F11As previously reported, on 12/07/16 the reporting person was granted 263,371 RSUs, 147,739 of which will vest on each of 12/07/17 and 12/07/18, and 147,741 of which will vest on 12/17/19. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. Unvested RSUs in this footnote, and the amount in column 9 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 $13.13 to $13.25. 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.
- F4Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F5As reported in the Registration Statement on Form 10 filed by Issuer with the SEC, in connection with the spin-off of Seattle SpinCo, Inc. on 09/01/17, 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.
- F6This option became exercisable beginning on this date.
- F7This option is no longer exercisable beginning on this date.
- F8As previously reported, on 12/10/14 the reporting person was granted 104,390 restricted stock units ("RSUs"), 34,796 of which vested early on 09/17/15, 62,583 of which vested on 12/10/16, and 105,320 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. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (5) above.
- F9As previously reported, on 11/02/15 the reporting person was granted 517,598 RSUs, 172,532 of which vested on 11/02/16, 290,350 of which will vest on 11/02/17, and 290,352 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. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (5) above.