Jeremy K. Cox - 08 Oct 2024 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Signature
Ki Hoon Kim as Attorney-in-Fact for Jeremy K. Cox
Issuer symbol
HPE
Transactions as of
08 Oct 2024
Net transactions value
-$163,170
Form type
4
Filing time
09 Oct 2024, 16:39:10 UTC
Previous filing
25 Apr 2024
Next filing
10 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Sale $163,170 -7,770 -50% $21.00 7,771 08 Oct 2024 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 +95 +0.58% 16,447 18 Jul 2024 Common Stock 95 Direct F1, F2
transaction HPE Restricted Stock Units Award +152 +0.59% 25,899 18 Jul 2024 Common Stock 152 Direct F1, F3
transaction HPE Restricted Stock Units Award +257 +0.6% 43,009 18 Jul 2024 Common Stock 257 Direct F1, F4
transaction HPE Restricted Stock Units Award +1,366 +0.62% 221,832 18 Jul 2024 Common Stock 1,366 Direct F1, F5
* 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 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 45,514 restricted stock units ("RSUs"), 15,171 of which vested on 12/09/22, 15,171 of which vested on 12/09/23, and 15,172 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 95.4214 dividend equivalent rights at $20.67 per RSU credited to the reporting person's account on 07/18/24.
F3 As previously reported, on 04/20/22, the reporting person was granted 72,639 RSUs, 24,213 of which vested on 04/20/23, 24,213 of which vested on 04/20/24 and 24,213 of which will vest on 04/20/25. 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 152.2830 dividend equivalent rights at $20.67 per RSU credited to the reporting person's account on 07/18/24.
F4 As previously reported, on 12/08/22, the reporting person was granted 61,387 RSUs, 20,462 of which vested on 12/08/23, 20,462 of which will vest on 12/08/24, and 20,463 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 257.3899 dividend equivalent rights at $20.67 per RSU credited to the reporting person's account on 07/18/24.
F5 As previously reported, on 12/07/23, the reporting person was granted 217,122 RSUs, 72,374 of which will vest on each of 12/07/24, 12/07/25, and 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 1,365.5472 dividend equivalent rights at $20.67 per RSU credited to the reporting person's account on 07/18/24.

Remarks:

The sales reported on this Form 4 were pursuant to a Rule 10b5-1 plan adopted by the reporting person on 06/11/24.