SEC Form 4 · accession 0001179706-18-000112
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keerti Melkote
Officer — President Intelligent Edge
Period of report
May 18, 2018
Accepted (ET)
May 22, 2018 · 7:07 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 | May 18, 2018 | M | 95,429 | $17.56 | A | 95,429 | D | |
| Common Stock | May 18, 2018 | F | 46,401 | $17.56 | D | 49,028 | D | |
| Common StockF1,F2 | May 22, 2018 | S | 49,028 | $17.5707 | D | 0 | 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 | — | May 18, 2018 | M | 95,429 | D | — | — | Common Stock | 95,429 | 0 | D |
| Restricted Stock UnitsF5,F3 | — | Apr 4, 2018 | A | 126 | A | — | — | Common Stock | 126 | 30,088 | D |
| Restricted Stock UnitsF6,F3 | — | Apr 4, 2018 | A | 917 | A | — | — | Common Stock | 917 | 212,964 | 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 03/07/18.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $17.50 to $17.67. 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 sold at each price within the range.
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4As previously reported, on 05/18/15 the reporting person was granted 91,028 restricted stock units ("RSUs"), 91,028 of which cliff vested 05/18/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The dividend equivalent rights being reported include 395.7739 at $17.25 per RSU credited to the reporting person's account on 04/04/18. The number of derivative securities in column 5 includes 4,401 vested dividend equivalent rights and a de minimus adjustment of 0.2889 due to fractional rounding of the dividend equivalent rights. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.
- F5As previously reported, on 11/02/15 the reporting person was granted 58,070 RSUs, 29,035 of which vested on 02/23/17, and 29,035 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 126.2391 dividend equivalent rights being reported include 126.2391 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.
- F6As previously reported, on 12/07/17 the reporting person was granted 210,970 RSUs, 70,323 of which will vest on each of 12/07/18 and 12/07/19, and 70,324 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. The 917.2609 dividend equivalent rights being reported include 917.2609 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.