Jeff T. Ricci - 14 Dec 2021 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role
SVP, Controller & PAO
Signature
Derek Windham as Attorney-in-Fact for Jeff T. Ricci
Issuer symbol
HPE
Transactions as of
14 Dec 2021
Net transactions value
-$450,279
Form type
4
Filing time
16 Dec 2021, 18:41:02 UTC
Previous filing
13 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Sale $450,279 -30,947 -100% $14.55 0 14 Dec 2021 Direct F1
transaction HPE Common Stock Options Exercise $18,340 +1,240 $14.79 1,240 15 Dec 2021 Direct
transaction HPE Common Stock Tax liability $18,340 -1,240 -100% $14.79 0 15 Dec 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HPE Restricted Stock Units Options Exercise -1,240 -3.4% 35,728 15 Dec 2021 Common Stock 1,240 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/11/21.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 As previously reported, on 12/10/20 the reporting person was granted 53,630 Restricted Stock Units ("RSUs"), 17,876 of which vested on 12/10/21, and 17,257 of which will vest on each of 12/10/22 and 12/10/23. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The vesting amounts and number of derivative securities in column 5 reflect the reporting person's early retirement eligibility and early withholding of RSUs for payment of FICA taxes.