Keerti Melkote - 01 Jun 2021 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
03 Jun 2021, 18:21:58 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Derek Windham as Attorney-in-Fact for Keerti Melkote

Key filing fact

Keerti Melkote filed Form 4 for Hewlett Packard Enterprise Co (HPE) on 03 Jun 2021.

Key facts

  • This page summarizes Keerti Melkote's Form 4 filing for Hewlett Packard Enterprise Co (HPE).
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Jun 2021, 18:21.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$609,536.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HPE transaction

Common Stock

Sale

Transaction value
$609,536
Shares
-37,918
Change %
-33%
Price
$16.08
Shares after
75,837
Date
01 Jun 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+651
Change %
+1.6%
Price
Shares after
40,637
Date
06 Jan 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
651
Exercise price
Footnotes
F3, F4
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+1,198
Change %
+1.7%
Price
Shares after
72,665
Date
06 Jan 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,198
Exercise price
Footnotes
F3, F5
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+2,565
Change %
+1.8%
Price
Shares after
149,017
Date
06 Jan 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,565
Exercise price
Footnotes
F3, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Keerti Melkote is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/08/21.

Footnote F2

The price in Column 4 is a weighted average price. The prices actually paid ranged from $15.94 to $16.155. 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.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

Footnote F4

As previously reported, on 12/10/18 the reporting person was granted 111,531 Restricted Stock Units ("RSUs"), 37,177 of which vested on each of 12/10/19 and 12/10/20, and 37,177 of which will vest on 12/10/21. 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 370.5349 dividend equivalent rights at $12.04 per RSU credited to the reporting person's account on 01/06/21, and 280.5811 dividend equivalent rights at $15.90 per RSU credited to the reporting person's account on 04/07/21.

Footnote F5

As previously reported, on 12/10/19 the reporting person was granted 102,588 RSUs, 34,196 of which vested on 12/10/20, and 34,196 of which will vest on each of 12/10/21, and 12/10/22. 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 681.6478 dividend equivalent rights at $12.04 per RSU credited to the reporting person's account on 01/06/21, and 516.1660 dividend equivalent rights at $15.90 per RSU credited to the reporting person's account on 04/07/21.

Footnote F6

On 12/10/20 the reporting person was granted 146,452 RSUs, 48,817 of which will vest on each of 12/10/21 and 12/10/22, and 48,818 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 1,459.6545 dividend equivalent rights at $12.04 per RSU credited to the reporting person's account on 01/06/21, and 1,105.2981 dividend equivalent rights at $15.90 per RSU credited to the reporting person's account on 04/07/21.

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