Tarek Robbiati - Dec 15, 2021 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role
EVP & CFO
Signature
Derek Windham as Attorney-in-Fact for Tarek Robbiati
Stock symbol
HPE
Transactions as of
Dec 15, 2021
Transactions value $
$2,081,500
Form type
4
Date filed
12/16/2021, 06:41 PM
Previous filing
Dec 13, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Award $2.36M +160K +110.8% $14.79 303K Dec 15, 2021 Direct F1
transaction HPE Common Stock Tax liability -$1.17M -79.1K -26.06% $14.79 224K Dec 15, 2021 Direct
transaction HPE Common Stock Options Exercise $1.77M +120K +53.32% $14.79 344K Dec 15, 2021 Direct
transaction HPE Common Stock Tax liability -$877K -59.3K -17.24% $14.79 285K Dec 15, 2021 Direct
holding HPE Common Stock 186K Dec 15, 2021 by The Robbiati Family Trust dated 02/04/20

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HPE Restricted Stock Units Options Exercise -120K -50% 120K Dec 15, 2021 Common Stock 120K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 03/15/21 the reporting person was granted performance adjusted restricted stock units ("PARSUs") subject to Non-GAAP Net Income and relative total stockholder return conditions being met at the time of vesting. These PARSUs vest over a three year period subject to performance and are issued in Issuer's common stock.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 As previously reported, on 03/15/21 the reporting person was granted 233,645 Restricted Stock Units ("RSUs"), 116,822 of which vested on 12/15/21 and 116,823 of which will vest on 12/15/22. 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 2,807 vested RSU dividend equivalent rights and a de minimus adjustment of 0.9838 due to fractional rounding of the dividend.