SEC Form 4 · accession 0001179706-17-000257
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
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 6:22 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 | Dec 7, 2017 | M | 28,827 | $14.22 | A | 113,456 | D | |
| Common Stock | Dec 7, 2017 | F | 15,043 | $14.22 | D | 98,413 | 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 UnitsF3,F2 | — | Dec 7, 2017 | A | 105,485 | A | — | — | Common Stock | 105,485 | 105,485 | D |
| Restricted Stock UmitsF4,F2 | — | Dec 7, 2017 | M | 28,827 | D | — | — | Common Stock | 28,827 | 57,654 | D |
Explanation of responses
- F1To clarify, the Form 144 reporting the 12/01/17 sale under the reporting person's 10b5-1 plan was amended by the broker to reflect 11/24/17 as the plan date. Accordingly, footnote 1 of the Form 4 submitted on the reporting person's behalf on 12/04/17 is amended to reflect 11/24/17 as the 10b5-1 plan date.
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3On 12/07/17 the reporting person was granted 105,485 Restricted Stock Units ("RSUs), 35,161 of which will vest on 12/07/18, and 35,162 of which will vest on each of 12/07/19 and 12/07/20. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.
- F4As previously reported, on 12/07/16, the reporting person was granted 50,648 RSUs, 28,410 of which vested on 12/07/17, 28,411 of which will vest on 12/07/18, and 28,412 of which will vest on 12/07/19. 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 417 vested dividend equivalent rights and a de minimus adjustment of 0.8547 due to fractional rounding of the dividend equivalent rights. Unvested RSUs in this footnote reflect post spin-off conversion adjustments previously reported.