Gerri Gold - Mar 5, 2024 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Signature
Ki Hoon Kim as Attorney-in-Fact for Gerri A Gold
Stock symbol
HPE
Transactions as of
Mar 5, 2024
Transactions value $
-$44,722
Form type
4
Date filed
3/7/2024, 04:44 PM
Previous filing
Dec 19, 2023
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Options Exercise $197K +13.4K +16.78% $14.67 93.3K Mar 5, 2024 Direct
transaction HPE Common Stock Sale -$241K -13.4K -14.37% $18.01 79.9K Mar 5, 2024 Direct F1

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 Employee Stock Option (right to buy) Options Exercise $0 -13.4K -100% $0.00* 0 Mar 5, 2024 Common Stock 13.4K $14.67 Direct F2, F3
transaction HPE Restricted Stock Units Award +78 +0.75% 10.5K Jan 11, 2024 Common Stock 78 Direct F4, F5
transaction HPE Restricted Stock Units Award +543 +0.77% 71K Jan 11, 2024 Common Stock 543 Direct F4, F6
transaction HPE Restricted Stock Units Award +739 +0.79% 93.8K Jan 11, 2024 Common Stock 739 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price of $18.0077. The prices actually paid ranged from $18.00 to $18.025. 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.
F2 This option became exercisable beginning on this date and is fully vested.
F3 This option is no longer exercisable beginning on this date.
F4 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F5 As previously reported, on 12/09/21, the reporting person was granted 30,884 restricted stock units ("RSUs"), 11,240 of which vested on 12/09/22, 9,822 of which vested on 12/09/23, and 9,822 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 78.00 dividend equivalent rights at $16.37 per RSU credited to the reporting person's account on 01/11/24.
F6 As previously reported, on 12/08/22, the reporting person was granted 107,428 RSUs, 35,809 of which vested on 12/08/23, 34,165 of which will vest on 12/08/24, and 34,166 of which will vest on 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 542.6408 dividend equivalent rights at $16.37 per RSU credited to the reporting person's account on 01/11/24.
F7 As previously reported, on 12/07/23, the reporting person was granted 93,052 RSUs, 31,017 of which will vest on each of 12/07/24 and 12/07/25, and 31,018 of which will vest on 12/07/26. 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 738.9591 dividend equivalent rights at $16.37 per RSU credited to the reporting person's account on 01/11/24.

Remarks:

The reported transaction occurred pursuant to a trading plan adopted on 06/07/23.