Tarek Robbiati - 15 Dec 2022 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role
EVP & CFO
Signature
Ki Hoon Kim as Attorney-in-Fact for Tarek Robbiati
Issuer symbol
HPE
Transactions as of
15 Dec 2022
Net transactions value
+$1,463,742
Form type
4
Filing time
19 Dec 2022, 16:18:11 UTC
Previous filing
13 Dec 2022
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Options Exercise $1,946,455 +123,506 +64% $15.76 317,699 15 Dec 2022 Direct
transaction HPE Common Stock Tax liability $965,064 -61,235 -19% $15.76 256,464 15 Dec 2022 Direct
transaction HPE Common Stock Award $956,711 +60,705 +24% $15.76 317,169 15 Dec 2022 Direct F1
transaction HPE Common Stock Tax liability $474,360 -30,099 -9.5% $15.76 287,070 15 Dec 2022 Direct
holding HPE Common Stock 31,183 15 Dec 2022 by The Robbiati Family Trust dated 02/04/20

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 -123,506 -100% 0 15 Dec 2022 Common Stock 123,506 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 03/15/21 the reporting person was granted performance adjusted restricted stock units ("PARSUs") subject to Non-GAAP Net Income and relative total stockholder return conditions being met at the time of vesting. These PARSUs vest over a three-year period subject to performance and are issued in Issuer's common stock.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 As previously reported, on 03/15/21 the reporting person was granted 233,645 restricted stock units ("RSUs"), 116,822 of which vested on 12/15/21 and 116,823 of which vested on 12/15/22. 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 also includes 6,683 vested dividend equivalent rights and a de minimus adjustment of 0.9613 due to fractional rounding of the dividend equivalent rights.