Melkote Keerti 4
4 · Hewlett Packard Enterprise Co · Filed Dec 12, 2019
Insider Transaction Report
Form 4
Melkote Keerti
President Intelligent Edge
Transactions
- Tax Payment
Common Stock
2019-12-10$15.84/sh−18,998$300,928→ 66,130 total - Award
Restricted Stock Units
2019-12-10+102,588→ 102,588 total→ Common Stock (102,588 underlying) - Sale
Common Stock
2019-12-12$15.97/sh−66,130$1,056,070→ 0 total - Exercise/Conversion
Common Stock
2019-12-10$15.84/sh+38,316$606,925→ 85,128 total - Exercise/Conversion
Restricted Stock Units
2019-12-10−38,316→ 76,629 total→ Common Stock (38,316 underlying)
Footnotes (5)
- [F1]The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 09/04/19.
- [F2]The price in Column 4 is a weighted average price. The prices actually paid ranged from $15.865 to $16.12. 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.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F4]As previously reported, on 12/10/18 the reporting person was granted 111,531 Restricted Stock Units ("RSUs"), 37,177 of which vested on 12/10/19, and 37,177 of which will vest on each of 12/10/20 and 12/10/21. 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 also includes 1,139 vested dividend equivalent rights and a de minimus adjustment of 0.6497 due to fractional rounding of the dividend equivalent rights.
- [F5]On 12/10/19 the reporting person was granted 102,588 RSUs, 34,196 of which will vest on each of 12/10/20, 12/10/21, and 12/10/22. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.