Fidelma Russo - Dec 9, 2024 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 9, 2024
Transactions value $
$1,196,220
Form type
4
Date filed
12/11/2024, 06:27 PM
Previous filing
Dec 10, 2024
Next filing
Dec 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Options Exercise $2.18M +94.5K +100.48% $23.11 189K Dec 9, 2024 Direct
transaction HPE Common Stock Tax liability -$988K -42.8K -22.68% $23.11 146K Dec 9, 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 Options Exercise -94.5K -100% 0 Dec 9, 2024 Common Stock 94.5K Direct F1, F2
transaction HPE Restricted Stock Units Award +141K 141K Dec 9, 2024 Common Stock 141K 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 restricted stock units ("RSUs"), 86,692 of which vested on 12/09/22, 86,693 of which vested on 12/09/23, and 86,693 of which vested 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 7,837 vested dividend equivalent rights and a de minimus adjustment of 0.6264 due to fractional rounding of the dividend equivalent rights.
F3 On 12/09/24, the reporting person was granted 140,632 RSUs, 46,877 of which will vest on each of 12/09/25 and 12/09/26, and 46,878 of which will vest on 12/09/27. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.