SEC Form 4 · accession 0001179706-18-000037
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie A Brun
Director
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 7:36 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 StockF1 | Mar 29, 2018 | A | 228 | $17.54 | A | 18,847 | 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,F4,F3 | — | Jul 5, 2017 | A | 189 | A | — | — | Common Stock | 189 | 15,351 | D |
Explanation of responses
- F1These shares were issued to the reporting person pursuant to the Issuer's 2015 Stock Incentive Plan in lieu of additional meeting fees of $4,000 for Issuer's Board Year 2017.
- F2As reported in the Registration Statements on Form 10 filed by Issuer with the SEC, in connection with the spin-offs of Everett SpinCo, Inc. on 04/01/17 and Seattle SpinCo, Inc. on 09/01/17, equity-based awards granted by Issuer, prior to the spin-offs 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-offs, 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-offs, unless otherwise noted. The reporting person's equity based awards reflect the conversion adjustments.
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4As previously reported, on 04/21/17 the reporting person was granted 11,853 restricted stock units ("RSUs"), all of which will cliff vest on the earlier of 04/21/18 or the date of Issuer's 2018 Annual Stockholders Meeting. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.The 189.3044 dividend equivalent rights being reported reflect 45.4808 dividend equivalent rights at $16.94 per RSU credited to the reporting person's account on 07/05/17, 66.5328 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 10/04/17, and 77.2908 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18. Unvested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustment noted in footnote (2) above.