SEC Form 4 · accession 0001179706-18-000131

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

Jun 1, 2018

Accepted (ET)

Jun 5, 2018 · 8:51 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
Common Stock	Jun 1, 2018	M	66,364	$15.53	A	66,364	D
Common Stock	Jun 1, 2018	F	23,337	$15.53	D	43,027	D
Common Stock	Jun 1, 2018	M	50,147	$15.53	A	93,174	D
Common Stock	Jun 1, 2018	F	24,864	$15.53	D	68,310	D
Common Stock	Jun 1, 2018	M	19,574	$15.53	A	87,884	D
Common Stock	Jun 1, 2018	F	9,706	$15.53	D	78,178	D
Common Stock^F2	Jun 1, 2018	A	68,399	$15.53	A	146,577	D
Common Stock^F1,F3	Jun 4, 2018	S	35,850	$15.5042	D	110,727	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 Units^F5,F4	—	Jun 1, 2018	M	66,364	D	—	—	Common Stock	66,364	0	D
Restricted Stock Units^F6,F4	—	Jun 1, 2018	M	50,147	D	—	—	Common Stock	50,147	0	D
Restricted Stock Units^F7,F4	—	Jun 1, 2018	M	19,574	D	—	—	Common Stock	19,574	0	D
Restricted Stock Units^F8,F4	—	Apr 4, 2018	A	247	A	—	—	Common Stock	247	58,191	D
Restricted Stock Units^F9,F4	—	Apr 4, 2018	A	459	A	—	—	Common Stock	459	106,482	D

Explanation of responses

F1On 12/09/15 the reporting person was granted performance adjusted restricted stock units ("PARSUs") subject to certain return on invested capital performance conditions and/or relative total stockholder return conditions being met at the time of vesting. These PARSUs which were originally scheduled to vest 50% after 2 and 3 years subject to performance, and issued in Issuer's common stock, vested early on 06/01/18.
F2The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/01/16 to sell these shares to satisfy taxes associated with the PARSUs early vesting on 06/01/18.
F3The price in Column 4 is a weighted average price. The prices actually paid ranged from $15.38 to $15.63. 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 purchased at each price within the range.
F4Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F5As previously reported, on 06/22/15, the reporting person was granted 63,091 restricted stock units ("RSUs"), 37,823 of which vested on 06/22/16, 49,801 of which vested on 06/22/17, and 63,653 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 amount reported in Column 5 includes 276.7522 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. The number of derivative securities in column 5 also includes 2,711 vested dividend equivalent rights and a de minimus adjustment of 0.8036 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.
F6As previously reported, on 11/02/15, the reporting person was granted 86,266 RSUs, 28,755 of which vested on 11/02/16, 48,391 of which vested on 11/02/17, and 48,391 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 amount reported in Column 5 includes 210.3957 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. The number of derivative securities in column 5 also includes 1,756 vested dividend equivalent rights and a de minimus adjustment of 0.7114 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.
F7As previously reported, on 12/09/15, the reporting person was granted 33,670 RSUs, 11,223 of which vested on 12/09/16, 18,886 of which vested on 12/09/17, and 68,399 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 amount reported in Column 5 includes 82.1261 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. The number of derivative securities in column 5 also includes 685 vested dividend equivalent rights and a de minimus adjustment of 0.5015 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.
F8As 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. Also included is 247.0565 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote reflect post spin-off conversion adjustments previously reported.
F9As previously reported, on 12/07/17, the reporting person was granted 105,485 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. Also included is 458.6304 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18.