Justin Hotard - 02 Mar 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role
EVP, GM, HPC and AI
Signature
Ki Hoon Kim as Attorney-in-Fact for Justin Hotard
Issuer symbol
HPE
Transactions as of
02 Mar 2023
Net transactions value
+$219,511
Form type
4
Filing time
06 Mar 2023, 16:59:10 UTC
Previous filing
15 Dec 2022
Next filing
09 Mar 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 $322,416 +20,801 +151% $15.50 34,589 02 Mar 2023 Direct
transaction HPE Common Stock Tax liability $102,904 -6,639 -19% $15.50 27,950 02 Mar 2023 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 Award +130 +0.68% 19,207 13 Jan 2023 Common Stock 130 Direct F1, F2
transaction HPE Restricted Stock Units Options Exercise -20,801 -50% 20,801 02 Mar 2023 Common Stock 20,801 Direct F1, F3
transaction HPE Restricted Stock Units Award +474 +0.71% 67,651 13 Jan 2023 Common Stock 474 Direct F1, F4
transaction HPE Restricted Stock Units Award +1,008 +0.73% 139,130 13 Jan 2023 Common Stock 1,008 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2 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, 17,877 of which vested on 12/10/22, and 17,877 of which will vest on 12/10/23. 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 130.4097 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
F3 As previously reported, on 03/02/21, the reporting person was granted 58,621 RSUs, 19,540 of which vested on 03/02/22 and 03/02/23, and 19,541 of which will vest on 03/02/24. 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 285.0894 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23, and also includes 1,261 vested dividend equivalent rights and a de minimus adjustment of 0.6904 due to fractional rounding of the dividend equivalent rights at $15.50 per RSU credited to the reporting person's account on 03/02/23.
F4 As previously reported, on 12/09/21 the reporting person was granted 97,529 RSUs, 32,509 of which vested on 12/09/22, and 32,510 of which will vest on each of 12/09/23 and 12/09/24. 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 474.3100 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
F5 As previously reported, on 12/08/22, the reporting person was granted 138,122 RSUs, 46,040 of which will vest on 12/08/23, and 46,041 of which will vest on each of 12/08/24 and 12/08/25. 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 1,007.5769 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.