SEC Form 4 · accession 0001179706-18-000175
Hewlett Packard Enterprise Co · HPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy C. Stonesifer
Officer — EVP & CFO
Period of report
Sep 14, 2018
Accepted (ET)
Sep 18, 2018 · 4:59 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 | Sep 14, 2018 | M | 347,906 | $8.83 | A | 637,868 | D | |
| Common StockF1,F2 | Sep 14, 2018 | S | 347,906 | $16.5715 | D | 289,962 | D | |
| Common StockF1,F2 | Sep 14, 2018 | S | 131,236 | $16.5715 | D | 158,726 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to buy)F3,F4 | $8.83 | Sep 14, 2018 | M | 347,906 | D | Dec 9, 2016 | Dec 9, 2023 | Common Stock | 347,906 | 0 | D |
| Restricted Stock UnitsF6,F5 | — | Jul 4, 2018 | A | 692 | A | — | — | Common Stock | 692 | 93,798 | D |
| Restricted Stock UnitsF7,F5 | — | Jul 4, 2018 | A | 1,205 | A | — | — | Common Stock | 1,205 | 160,928 | 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 09/10/18. The reporting person ceased being Issuer's CFO and subject to Section 16 on 09/17/18.
- F2The price in Column 4 is a weighted average price. The prices actually paid ranged from $16.48 to $16.66. 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.
- F3This option became exercisable beginning on this date.
- F4This option is no longer exercisable beginning on this date.
- F5Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F6As previously reported, on 12/07/16, the reporting person was granted 81,037 Restricted Stock Units ("RSUs"), 45,458 of which vested on 12/07/17, and 45,458 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. Also included is 692.4882 dividend equivalent rights at $14.77 per RSU credited to the reporting person's account on 07/04/18. Unvested RSUs in this footnote reflect post spin-off conversion adjustments previously reported.
- F7As previously reported, on 12/07/17, the reporting person was granted 158,228 RSUs, 52,742 of which will vest on 12/07/18, and 52,743 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 1,205.1896 dividend equivalent rights at $14.77 per RSU credited to the reporting person's account on 07/04/18.