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

Role: EVP & CFO
Signature: Derek Windham as Attorney-in-Fact for Tarek Robbiati
Issuer symbol: HPE
Transactions as of: 15 Dec 2021
Net transactions value: +$2,081,500
Form type: 4
Filing time: 16 Dec 2021, 18:41:29 UTC
Previous filing: 13 Dec 2021
Next filing: 06 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPE	Common Stock	Award	$2,359,064	+159,504	+111%	$14.79	303,459	15 Dec 2021	Direct	F1
transaction	HPE	Common Stock	Tax liability	$1,169,638	-79,083	-26%	$14.79	224,376	15 Dec 2021	Direct
transaction	HPE	Common Stock	Options Exercise	$1,769,313	+119,629	+53%	$14.79	344,005	15 Dec 2021	Direct
transaction	HPE	Common Stock	Tax liability	$877,239	-59,313	-17%	$14.79	284,692	15 Dec 2021	Direct
holding	HPE	Common Stock						185,604	15 Dec 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		-119,629	-50%		119,628	15 Dec 2021	Common Stock	119,629		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.