Thomas E. Black Jr - Dec 9, 2022 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role: EVP, GM, Storage
Signature: Ki Hoon Kim as Attorney-in-Fact for Thomas E Black Jr
Stock symbol: HPE
Transactions as of: Dec 9, 2022
Transactions value $: $1,359,249
Form type: 4
Date filed: 12/13/2022, 08:46 PM
Previous filing: Dec 12, 2022
Next filing: Dec 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPE	Common Stock	Options Exercise	$542K	+33.6K		$16.15	33.6K	Dec 9, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$132K	-8.18K	-24.35%	$16.15	25.4K	Dec 9, 2022	Direct
transaction	HPE	Common Stock	Options Exercise	$302K	+18.7K	+73.68%	$16.15	44.1K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$120K	-7.41K	-16.78%	$16.15	36.7K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Options Exercise	$356K	+22K	+59.94%	$16.15	58.7K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$140K	-8.66K	-14.75%	$16.15	50.1K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Award	$832K	+51.5K	+102.92%	$16.15	102K	Dec 9, 2022	Direct	F1
transaction	HPE	Common Stock	Tax liability	-$282K	-17.5K	-17.17%	$16.15	84.2K	Dec 9, 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		-18.7K	-100%		0	Dec 10, 2022	Common Stock	18.7K		Direct	F2, F3
transaction	HPE	Restricted Stock Units	Options Exercise		-22K	-50%		22K	Dec 10, 2022	Common Stock	22K		Direct	F2, F4
transaction	HPE	Restricted Stock Units	Options Exercise		-33.6K	-33.33%		67.2K	Dec 9, 2022	Common Stock	33.6K		Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	On 12/10/20 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 50% after 2 and 3 years 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 12/10/19, the reporting person was granted 50,505 restricted stock units ("RSUs"), 16,835 of which vested on 12/10/20, 16,835 of which vested on 12/10/21, and 16,835 of which vested on 12/10/22. 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 1,888 vested dividend equivalent rights and a de minimus adjustment of 0.2919 due to fractional rounding of the dividend equivalent rights.
F4	As previously reported, on 12/10/20 the reporting person was granted 61,881 RSUs, 20,627 of which vested on 12/10/21, 20,627 of which vested on 12/10/22, and 20,627 of which will vest on 12/10/23. 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 1,386 vested dividend equivalent rights and a de minimus adjustment of 0.8916 due to fractional rounding of the dividend equivalent rights.
F5	As previously reported, on 12/09/21 the reporting person was granted 97,529 RSUs, 32,509 of which vested on 12/09/22, and 32,510 of which will vest on each of 12/09/23 and 12/09/24. 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 1,080 vested dividend equivalent rights and a de minimus adjustment of 0.2768 due to fractional rounding of the dividend equivalent rights.