Fidelma Russo - Dec 8, 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role
EVP, GM, Hybrid Cloud & CTO
Signature
Ki Hoon Kim as Attorney-in-Fact for Fidelma M. Russo
Stock symbol
HPE
Transactions as of
Dec 8, 2023
Transactions value $
$1,591,685
Form type
4
Date filed
12/12/2023, 08:11 PM
Previous filing
Dec 11, 2023
Next filing
Dec 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Options Exercise $1.54M +94.8K $16.22 94.8K Dec 8, 2023 Direct
transaction HPE Common Stock Tax liability -$720K -44.4K -46.81% $16.22 50.4K Dec 8, 2023 Direct
transaction HPE Common Stock Options Exercise $1.49M +92.1K +182.71% $16.22 143K Dec 9, 2023 Direct
transaction HPE Common Stock Tax liability -$720K -44.4K -31.14% $16.22 98.1K Dec 9, 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 Options Exercise -92.1K -50% 92.1K Dec 9, 2023 Common Stock 92.1K Direct F1, F2
transaction HPE Restricted Stock Units Options Exercise -94.8K -33.33% 190K Dec 8, 2023 Common Stock 94.8K Direct F1, F3
* 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 12/09/21, the reporting person was granted 260,078 RSUs, 86,692 of which vested on 12/09/22, 86,693 of which vested on 12/09/23, and 86,693 of which will vest on 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 reflects 5,412 vested dividend equivalent rights and a de minimus adjustment of 0.5751 due to fractional rounding of the dividend equivalent rights.
F3 As previously reported, on 12/08/22, the reporting person was granted 276,243 RSUs, 92,081 of which vested on 12/08/23, and 92,081 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 reflects 2,693 vested dividend equivalent rights and a de minimus adjustment of 0.8560 due to fractional rounding of the dividend equivalent rights.