telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Securities registered pursuant to Section 12(b) of the Exchange Act:
Title of each class
of each exchange on which registered
iCommon stock, par value $0.01 per share
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On March 15, 2021, Hewlett Packard Enterprise Company (the "Company") granted Tarek Robbiati an equity award consisting of (i) 233,645 restricted stock units, which vest in two equal tranches on December 15 of each 2021 and 2022, subject to continued service, and (ii) a target number of 233,645 performance-based restricted stock units (“PARSUs”,) which vest in three equal tranches on December 15 of each of 2021, 2022, and 2023, subject to continued service and the Company’s achievement of predetermined goals related to non-GAAP net income, subject further to a multiplier based on the
Company’s achievement of relative total shareholder return (“TSR”) performance against the S&P 500 constituents. The actual number of shares that Mr. Robbiati receives pursuant to the vesting of each tranche of PARSUs may range from 0% to 200% of target shares for such tranche. In addition, effective as of the beginning of fiscal year 2021, Mr. Robbiati’s base salary has been increased to $850,000, and his target annual incentive award has been increased to 150% of base salary. Finally, the fair value of Mr. Robbiati’s annual long-term incentive grant for fiscal year 2022, which the Company expects to award in December 2021, is $5.5 million.
to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.