May Alan Richard's Form 4 filing
Hewlett Packard Enterprise Co (HPE) · filed Mar 9, 2023
- Accession no.
- 0001062993-23-006421
- Filed
- Mar 9, 2023
- Trade date
- Jan 13-Mar 7, 2023
- Filing delay
- 55 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 4 derivative transactions. Open-market sales total $10.6M. It was filed 55 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| May Alan RichardCIK 0001656207 | Officer (EVP, Chief People Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 7, 2023 | Common Stock | MOption exerciseAcquired | +478,226 | $10.48 | +$5,011,808.48 | 952,737 | Direct | |
| Mar 7, 2023 | Common Stock | SSaleDisposed | −478,226 | $15.11F1 | −$7,225,994.86 | 474,511 | Direct | |
| Mar 7, 2023 | Common Stock | SSaleDisposed | −225,000 | $15.11F1 | −$3,399,750 | 249,511 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 13, 2023 | Common Stock | AGrant or awardAcquired | +316.27 | –F3 | – | 46,640.27 | Direct | |
| Jan 13, 2023 | Common Stock | AGrant or awardAcquired | +494.66 | –F4 | – | 70,641.66 | Direct | |
| Jan 13, 2023 | Common Stock | AGrant or awardAcquired | +783.67 | –F5 | – | 108,211.67 | Direct | |
| Mar 7, 2023 | Common Stock | MOption exerciseDisposed | −478,226 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price in Column 4 is a weighted average price of $15.1062. The prices actually paid ranged from $15.00 to $15.2750. 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.
Referenced by the price of 2 transactions in Table I.
- F3
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 316.2748 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
Referenced by the price of 1 transaction in Table II.
- F4
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 494.6626 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
Referenced by the price of 1 transaction in Table II.
- F5
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 783.6693 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
Referenced by the price of 1 transaction in Table II.