SEC Form 4 · accession 0001179706-18-000130
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirt P Karros
Officer — SVP, Finance & Treasurer
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 8:50 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 | Jun 1, 2018 | M | 25,073 | $15.53 | A | 25,073 | D | |
| Common Stock | Jun 1, 2018 | F | 10,004 | $15.53 | D | 15,069 | D | |
| Common Stock | Jun 1, 2018 | M | 8,808 | $15.53 | A | 23,877 | D | |
| Common Stock | Jun 1, 2018 | F | 4,368 | $15.53 | D | 19,509 | 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,F1 | — | Jun 1, 2018 | M | 25,073 | D | — | — | Common Stock | 25,073 | 0 | D |
| Restricted Stock UnitsF3,F1 | — | Jun 1, 2018 | M | 8,808 | D | — | — | Common Stock | 8,808 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2As previously reported, on 11/02/15 the reporting person was granted 43,133 Restricted Stock Units ("RSUs"), 14,377 of which vested on 11/02/16, 18,931 of which vested on 11/02/17, and 24,196 of which vested early on 06/01/18. 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 877 vested dividend equivalent rights and a de minimus adjustment of 0.3510 due to fractional rounding of the dividend equivalent rights. RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.
- F3As previously reported, on 12/09/15 the reporting person was granted 15,152 RSUs, 5,050 of which vested on 12/09/16, 6,650 of which vested on 12/09/17, and 8,500 of which vested early on 06/01/18. 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 308 vested dividend equivalent rights and a de minimus adjustment of 0.6762 due to fractional rounding of the dividend equivalent rights. RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.