Alan R. May - 07 Sep 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Sep 2023, 19:09:53 UTC
Prior SEC filing
09 Mar 2023
Next SEC filing
11 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Ki Hoon Kim as Attorney-in-Fact for Alan R. May

Key filing fact

Alan R. May filed Form 4 for Hewlett Packard Enterprise Co (HPE) on 11 Sep 2023.

Key facts

  • This page summarizes Alan R. May's Form 4 filing for Hewlett Packard Enterprise Co (HPE).
  • 9 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 11 Sep 2023, 19:09.

Change

  • Previous filing in this sequence was filed on 09 Mar 2023.
  • Current net transaction value: -$3,014,666.

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
$1,957,154
Shares
+227,048
Change %
+91%
Price
$8.62
Shares after
476,559
Date
07 Sep 2023
Ownership
Direct
HPE transaction

Common Stock

Sale

Transaction value
$3,968,731
Shares
-227,048
Change %
-48%
Price
$17.48
Shares after
249,511
Date
07 Sep 2023
Ownership
Direct
Footnotes
F1
HPE transaction

Common Stock

Options Exercise

Transaction value
$1,023,997
Shares
+115,968
Change %
+46%
Price
$8.83
Shares after
365,479
Date
07 Sep 2023
Ownership
Direct
HPE transaction

Common Stock

Sale

Transaction value
$2,027,086
Shares
-115,968
Change %
-32%
Price
$17.48
Shares after
249,511
Date
07 Sep 2023
Ownership
Direct
Footnotes
F1

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
-227,048
Change %
-100%
Price
$0.000000*
Shares after
0
Date
07 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
227,048
Exercise price
$8.62
Footnotes
F2, F3
HPE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-115,968
Change %
-100%
Price
$0.000000*
Shares after
0
Date
07 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
115,968
Exercise price
$8.83
Footnotes
F2, F3
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+635
Change %
+1.4%
Price
Shares after
47,276
Date
14 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
635
Exercise price
Footnotes
F4, F5
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+994
Change %
+1.4%
Price
Shares after
71,635
Date
14 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
994
Exercise price
Footnotes
F4, F6
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+1,574
Change %
+1.5%
Price
Shares after
109,786
Date
14 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,574
Exercise price
Footnotes
F4, 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

The price in Column 4 is a weighted average price. The prices actually paid ranged from $17.37 to $17.565. 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 F2

This option became exercisable beginning on this date.

Footnote F3

This option is no longer exercisable beginning on this date.

Footnote F4

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

Footnote F5

As previously reported, on 12/10/20 the reporting person was granted 135,107 restricted stock units ("RSUs"), 45,035 of which vested on 12/10/21, 43,356 of which vested on 12/10/22, and 43,356 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 reflects 327.0094 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23, and 308.4007 dividend equivalent rights at $16.87 per RSU credited to the reporting person's account on 07/14/23.

Footnote F6

As previously reported, on 12/09/21 the reporting person was granted 105,657 RSUs, 35,219 of which vested on 12/09/22, and 33,905 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 reflects 511.4519 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23, and 482.3474 dividend equivalent rights at $16.87 per RSU credited to the reporting person's account on 07/14/23.

Footnote F7

As previously reported, on 12/08/22 the reporting person was granted 107,428 RSUs, 35,809 of which will vest on each of 12/08/23 and 12/08/24, and 35,810 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 810.2678 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23, and 764.1589 dividend equivalent rights at $16.87 per RSU credited to the reporting person's account on 07/14/23.

SEC remarks

The reported transaction occurred pursuant to a trading plan adopted on 06/02/23.

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