SEC Form 4 · accession 0001179706-17-000260
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Schultz
Officer — EVP, CLAA & SEC
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,F2 | Dec 7, 2017 | M | 31,709 | $14.22 | A | 185,921 | D | |
| Common Stock | Dec 7, 2017 | F | 16,546 | $14.22 | D | 169,375 | 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 UnitsF4,F3 | — | Dec 7, 2017 | A | 140,647 | A | — | — | Common Stock | 140,647 | 140,647 | D |
| Restricted Stock UnitsF5,F3 | — | Dec 7, 2017 | M | 31,709 | D | — | — | Common Stock | 31,709 | 63,420 | D |
Explanation of responses
- F1The total beneficial ownership includes 548.2638 shares at $13.22400 per share acquired under the Issuer's 2015 Employee Stock Purchase Plan ("ESPP") on 10/31/17 with respect to shares held under the ESPP.
- F2To clarify, the total beneficial ownership reflects an adjustment of 50 shares in connection with the 10/31/17 vesting of the reporting person's performance adjusted restricted stock units previously reported on 11/02/17 as 49,042 shares instead of 49,092 shares.
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4On 12/07/17 the reporting person was granted 140,647 Restricted Stock Units ("RSUs), 46,882 of which will vest on each of 12/07/18 and 12/07/19, and 46,883 of which will vest on 12/07/20. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.
- F5As previously reported, on 12/07/16 the reporting person was granted 55,713 RSUs, 31,251 of which vested on 12/07/17, and 31,253 of which will vest on each of 12/07/18 and 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 458 vested dividend equivalent rights and a de minimus adjustment of 0.1324 due to fractional rounding of the dividend equivalent rights. Unvested RSUs in this footnote reflect post spin-off conversion adjustments previously reported.