Thomas E. Black Jr. - 07 Sep 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 Sep 2023, 19:08:11 UTC
Prior SEC filing
13 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Ki Hoon Kim as Attorney-in-Fact for Thomas E Black Jr

Key filing fact

Thomas E. Black Jr. filed Form 4 for Hewlett Packard Enterprise Co (HPE) on 11 Sep 2023.

Key facts

  • This page summarizes Thomas E. Black Jr.'s Form 4 filing for Hewlett Packard Enterprise Co (HPE).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 11 Sep 2023, 19:08.

Change

  • Previous filing in this sequence was filed on 13 Mar 2023.
  • Current net transaction value: -$25,172.

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
$131,296
Shares
+8,950
Change %
Price
$14.67
Shares after
8,950
Date
07 Sep 2023
Ownership
Direct
HPE transaction

Common Stock

Sale

Transaction value
$156,468
Shares
-8,950
Change %
-100%
Price
$17.48
Shares after
0
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
-8,950
Change %
-100%
Price
$0.000000*
Shares after
0
Date
07 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,950
Exercise price
$14.67
Footnotes
F2, F3
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+302
Change %
+1.4%
Price
Shares after
22,465
Date
14 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
302
Exercise price
Footnotes
F4, F5
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+953
Change %
+1.4%
Price
Shares after
68,604
Date
14 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
953
Exercise price
Footnotes
F4, F6
HPE transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+2,024
Change %
+1.5%
Price
Shares after
141,154
Date
14 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,024
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 $17.405 to $17.55. 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 61,881 restricted stock units ("RSUs"), 20,627 of which vested on 12/10/21, 20,627 of which vested on 12/10/22, and 20,627 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 155.5776 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23, and 146.7244 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 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 reflects 490.4085 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23, and 462.5015 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 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 reflects 1,041.7750 dividend equivalent rights at $15.91 per RSU credited to the reporting person's account on 04/14/23, and 982.4920 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 06/06/23.

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