Justin Hotard - 08 Dec 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Reporting relationship: EVP, GM, HPC and AI
Issuer ticker: HPE
Reported as of: 08 Dec 2023
Net transaction value: +$1,249,783
SEC form: 4
Accepted by SEC: 12 Dec 2023, 20:12:36 UTC
Prior SEC filing: 11 Dec 2023
Next SEC filing: 14 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 12 Dec 2023.

Key facts

This page summarizes Justin Hotard's Form 4 filing for Hewlett Packard Enterprise Co (HPE).
11 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 12 Dec 2023, 20:12.

Change

Previous filing in this sequence was filed on 11 Dec 2023.
Current net transaction value: +$1,249,783.

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

Award

Transaction value: $661,354
Shares: +40,774
Change %
Price: $16.22
Shares after: 40,774
Date: 09 Dec 2023
Ownership: Direct
Footnotes: F1

HPE transaction

Common Stock

Tax liability

Transaction value: $303,249
Shares: -18,696
Change %: -46%
Price: $16.22
Shares after: 22,078
Date: 09 Dec 2023
Ownership: Direct

HPE transaction

Common Stock

Options Exercise

Transaction value: $768,617
Shares: +47,387
Change %: +215%
Price: $16.22
Shares after: 69,465
Date: 08 Dec 2023
Ownership: Direct

HPE transaction

Common Stock

Tax liability

Transaction value: $352,428
Shares: -21,728
Change %: -31%
Price: $16.22
Shares after: 47,737
Date: 08 Dec 2023
Ownership: Direct

HPE transaction

Common Stock

Options Exercise

Transaction value: $560,239
Shares: +34,540
Change %: +72%
Price: $16.22
Shares after: 82,277
Date: 09 Dec 2023
Ownership: Direct

HPE transaction

Common Stock

Tax liability

Transaction value: $256,876
Shares: -15,837
Change %: -19%
Price: $16.22
Shares after: 66,440
Date: 09 Dec 2023
Ownership: Direct

HPE transaction

Common Stock

Options Exercise

Transaction value: $317,912
Shares: +19,600
Change %: +30%
Price: $16.22
Shares after: 86,040
Date: 10 Dec 2023
Ownership: Direct

HPE transaction

Common Stock

Tax liability

Transaction value: $145,785
Shares: -8,988
Change %: -10%
Price: $16.22
Shares after: 77,052
Date: 10 Dec 2023
Ownership: Direct

Reported derivative securities

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

HPE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -19,600
Change %: -100%
Price
Shares after: 0
Date: 10 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 19,600
Exercise price
Footnotes: F2, F3

HPE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -34,540
Change %: -50%
Price
Shares after: 34,538
Date: 09 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 34,540
Exercise price
Footnotes: F2, F4

HPE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -47,387
Change %: -33%
Price
Shares after: 94,773
Date: 08 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 47,387
Exercise price
Footnotes: F2, F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On 12/09/21 the reporting person was granted PARSUs subject to Non-GAAP Net Income and relative total stockholder return conditions being met at the time of vesting. These PARSUs vest 50% after 2 and 3 years subject to performance and are issued in Issuer's common stock.

Footnote F2

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

Footnote F3

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 vested 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 1,723 vested dividend equivalent rights and a de minimus adjustment of 0.4190 due to fractional rounding of the dividend equivalent rights.

Footnote F4

As previously reported, on 12/09/21 the reporting person was granted 97,529 RSUs, 32,509 of which vested on 12/09/22, 32,510 of which vested on 12/09/23, and 32,510 of which will vest 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 2,030 vested dividend equivalent rights and a de minimus adjustment of 0.3334 due to fractional rounding of the dividend equivalent rights.

Footnote F5

As previously reported, on 12/08/22, the reporting person was granted 138,122 RSUs, 46,040 of which vested 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 1,347 vested dividend equivalent rights and a de minimus adjustment of 0.4134 due to fractional rounding of the dividend equivalent rights.