Justin Hotard - 15 Jun 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Reporting relationship: EVP, GM, HPC and AI
Issuer ticker: HPE
Reported as of: 15 Jun 2023
Net transaction value: -$23,829
SEC form: 4
Accepted by SEC: 20 Jun 2023, 18:18:03 UTC
Prior SEC filing: 04 Apr 2023
Next SEC filing: 11 Dec 2023
Source filing: View source filing
Reporting owner signature: Ki Hoon Kim as Attorney-in-Fact for Justin Hotard

Key filing fact

Justin Hotard filed Form 4 for Hewlett Packard Enterprise Co (HPE) on 20 Jun 2023.

Key facts

This page summarizes Justin Hotard's Form 4 filing for Hewlett Packard Enterprise Co (HPE).
7 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 20 Jun 2023, 18:18.

Change

Previous filing in this sequence was filed on 04 Apr 2023.
Current net transaction value: -$23,829.

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

Options Exercise

Transaction value: $150,030
Shares: +10,227
Change %
Price: $14.67
Shares after: 10,227
Date: 15 Jun 2023
Ownership: Direct

HPE transaction

Common Stock

Sale

Transaction value: $173,859
Shares: -10,227
Change %: -100%
Price: $17.00
Shares after: 0
Date: 15 Jun 2023
Ownership: Direct

Reported derivative securities

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

HPE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,227
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,227
Exercise price: $14.67
Footnotes: F1, F2

HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +135
Change %: +0.7%
Price
Shares after: 19,342
Date: 14 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 135
Exercise price
Footnotes: F3, F4

HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +147
Change %: +0.71%
Price
Shares after: 20,948
Date: 14 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 147
Exercise price
Footnotes: F3, F5

HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +490
Change %: +0.72%
Price
Shares after: 68,142
Date: 14 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 490
Exercise price
Footnotes: F3, F6

HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +1,042
Change %: +0.75%
Price
Shares after: 140,171
Date: 14 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,042
Exercise price
Footnotes: F3, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 7 footnotes

Footnote F1

This option became exercisable beginning on this date.

Footnote F2

This option is no longer exercisable beginning on this date.

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 12/10/20, the reporting person was granted 53,630 restricted stock units ("RSUs"), 17,876 of which vested on 12/10/21, 17,877 of which vested on 12/10/22, and 17,877 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 134.8360 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23.

Footnote F5

As previously reported, on 03/02/21, the reporting person was granted 58,621 RSUs, 19,540 of which vested on 03/02/22 and 03/02/23, and 19,541 of which will vest on 03/02/24. 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 includes 147.3865 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23.

Footnote F6

As previously reported, on 12/09/21 the reporting person was granted 97,529 RSUs, 32,509 of which vested on 12/09/22, and 32,510 of which will vest on each of 12/09/23 and 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 includes 490.4085 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23.

Footnote F7

As previously reported, on 12/08/22, the reporting person was granted 138,122 RSUs, 46,040 of which will vest on 12/08/23, and 46,041 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 includes 1,041.7750 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23.

SEC remarks

The reported transaction occurred pursuant to a trading plan adopted on 03/06/23.