Sec Form 4 Filing - Karros Kirt P @ Hewlett Packard Enterprise Co - 2018-05-11

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Karros Kirt P
2. Issuer Name and Ticker or Trading Symbol
Hewlett Packard Enterprise Co [ HPE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Finance & Treasurer
(Last) (First) (Middle)
C/O HEWLETT PACKARD ENTERPRISE COMPANY, 3000 HANOVER STREET
3. Date of Earliest Transaction (MM/DD/YY)
05/11/2018
(Street)
PALO ALTO, CA94304
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/11/2018 M 42,369 A $ 17.67 42,369 D
Common Stock 05/11/2018 F 14,649 D $ 17.67 27,720 D
Common Stock 05/15/2018 S 27,720 ( 1 ) D $ 17.4722 ( 2 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 3 ) 05/11/2018 M 42,369 ( 4 ) ( 4 ) ( 4 ) Common Stock 42,369 ( 4 ) 0 D
Restricted Stock Units ( 3 ) 01/03/2018 A 228.649 ( 5 ) ( 5 ) ( 5 ) Common Stock 228.649 ( 5 ) 25,072.649 D
Restricted Stock Units ( 3 ) 01/03/2018 A 80.3238 ( 6 ) ( 6 ) ( 6 ) Common Stock 80.3238 ( 6 ) 8,807.3238 D
Restricted Stock Units ( 3 ) 01/03/2018 A 193.297 ( 7 ) ( 7 ) ( 7 ) Common Stock 193.297 ( 7 ) 20,946.297 D
Restricted Stock Units ( 3 ) 01/03/2018 A 481.8015 ( 8 ) ( 8 ) ( 8 ) Common Stock 481.8015 ( 8 ) 51,466.8015 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Karros Kirt P
C/O HEWLETT PACKARD ENTERPRISE COMPANY
3000 HANOVER STREET
PALO ALTO, CA94304
SVP, Finance & Treasurer
Signatures
Derek Windham as Attorney-in-Fact for Kirt P. Karros 05/15/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/07/18.
( 2 )The price in Column 4 is a weighted average price. The prices actually paid ranged from $17.445 to $17.51. 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.
( 3 )Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
( 4 )As previously reported, on 05/11/15, the reporting person was granted 40,059 restricted stock units ("RSUs"), 24,015 of which vested on 05/11/16, and 31,621 of which vested on 05/11/17, and 40,415 of which vested on and 05/11/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The dividend equivalent rights being reported include 206.1990 at $14.70 per RSU credited to the reporting person's account on 01/03/18. The number of derivative securities in column 5 includes 175.7174 vested dividend equivalent rights and a de minimus adjustment of 0.9970 due to fractional rounding of the dividend equivalent rights. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.
( 5 )As previously reported, on 11/02/15 the reporting person was granted 43,133 RSUs, 14,377 of which vested on 11/02/16, 18,931 of which vested on 11/02/17, and 18,931 of which will vest on 11/02/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 228.6490 dividend equivalent rights being reported include 123.4490 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 105.2000 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.
( 6 )As previously reported, on 12/09/15 the reporting person was granted 15,152 RSUs, 5,050 of which vested on 12/09/16, 6,650 of which vested on 12/09/17, and 6,650 of which will vest on 12/09/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 80.3238 dividend equivalent rights being reported include 43.3673 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 36.9565 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.
( 7 )As previously reported, on 12/07/16 the reporting person was granted 18,233 RSUs, 8,002 of which vested on 12/07/17, 6,650 of which vested on 12/09/17, and 6,650 of which will vest on 12/09/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 193.2970 dividend equivalent rights being reported include 104.3622 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 88.9348 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.
( 8 )As previously reported, on 12/07/17 the reporting person was granted 50,985 RSUs, 16,995 of which will vest on each of 12/07/18, 12/07/19, and 12/07/20. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 481.8015 dividend equivalent rights being reported include 260.1276 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 221.6739 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.