Phil Mottram - May 28, 2022 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role: EVP, GM, Intelligent Edge
Signature: Derek Windham Attorney-in-Fact for Philip J. Mottram
Stock symbol: HPE
Transactions as of: May 28, 2022
Transactions value $: $166,806
Form type: 4
Date filed: 6/1/2022, 06:37 PM
Previous filing: May 11, 2022
Next filing: Dec 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPE	Common Stock	Options Exercise	$255K	+16.2K	+58.76%	$15.79	43.6K	May 28, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$88.2K	-5.59K	-12.8%	$15.79	38K	May 28, 2022	Direct

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		-16.2K	-33.34%		32.3K	May 28, 2022	Common Stock	16.2K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2	As previously reported, on 05/28/21, the reporting person was granted 46,992 Restricted Stock Units ("RSUs"), 15,664 of which vested on 05/28/22, and 15,664 of which will vest on each of 05/28/23 and 05/28/24. 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 486 vested RSU dividend equivalent rights and a de minimus adjustment of 0.6956 due to fractional rounding of the dividend.

Content

Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

As previously reported, on 05/28/21, the reporting person was granted 46,992 Restricted Stock Units ("RSUs"), 15,664 of which vested on 05/28/22, and 15,664 of which will vest on each of 05/28/23 and 05/28/24. 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 486 vested RSU dividend equivalent rights and a de minimus adjustment of 0.6956 due to fractional rounding of the dividend.