Alan R. May - 09 Dec 2022 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role: EVP, Chief People Officer
Signature: Ki Hoon Kim as Attorney-in-Fact for Alan R. May
Issuer symbol: HPE
Transactions as of: 09 Dec 2022
Net transactions value: +$2,648,778
Form type: 4
Filing time: 13 Dec 2022, 20:47:43 UTC
Previous filing: 12 Dec 2022
Next filing: 19 Dec 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	Options Exercise	$545,628	+33,785	+11%	$16.15	344,285	10 Dec 2022	Direct
transaction	HPE	Common Stock	Tax liability	$221,384	-13,708	-4%	$16.15	330,577	10 Dec 2022	Direct
transaction	HPE	Common Stock	Options Exercise	$748,165	+46,326	+14%	$16.15	376,903	10 Dec 2022	Direct
transaction	HPE	Common Stock	Tax liability	$277,958	-17,211	-4.6%	$16.15	359,692	10 Dec 2022	Direct
transaction	HPE	Common Stock	Options Exercise	$587,682	+36,389	+10%	$16.15	396,081	09 Dec 2022	Direct
transaction	HPE	Common Stock	Tax liability	$163,987	-10,154	-2.6%	$16.15	385,927	09 Dec 2022	Direct
transaction	HPE	Common Stock	Award	$574,262	+35,558	+9.2%	$16.15	421,485	09 Dec 2022	Direct	F1
transaction	HPE	Common Stock	Tax liability	$245,819	-15,221	-3.6%	$16.15	406,264	09 Dec 2022	Direct
transaction	HPE	Common Stock	Award	$1,817,311	+112,527	+28%	$16.15	518,791	09 Dec 2022	Direct	F2
transaction	HPE	Common Stock	Tax liability	$715,122	-44,280	-8.5%	$16.15	474,511	09 Dec 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		-33,785	-100%		0	10 Dec 2022	Common Stock	33,785		Direct	F3, F4
transaction	HPE	Restricted Stock Units	Options Exercise		-46,326	-50%		46,324	10 Dec 2022	Common Stock	46,326		Direct	F3, F5
transaction	HPE	Restricted Stock Units	Options Exercise		-36,389	-33%		72,775	09 Dec 2022	Common Stock	36,389		Direct	F3, F6

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

Explanation of Responses:

Id	Content
F1	On 12/10/19 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	On 12/10/20 the reporting person was granted 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.
F3	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F4	As previously reported, on 12/10/19 the reporting person was granted 94,697 restricted stock units ("RSUs"), 31,565 of which vested on 12/10/20, 31,566 of which vested on 12/10/21, and 30,288 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 3,497 vested dividend equivalent rights and a de minimus adjustment of 0.8234 due to fractional rounding of the dividend equivalent rights.
F5	As previously reported, on 12/10/20 the reporting person was granted 135,107 RSUs, 45,035 of which vested on 12/10/21, 43,356 of which vested on 12/10/22, and 43,356 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 2,970 vested dividend equivalent rights and a de minimus adjustment of 0.2637 due to fractional rounding of the dividend equivalent rights.
F6	As previously reported, on 12/09/21 the reporting person was granted 105,657 RSUs, 35,219 of which vested on 12/09/22, and 35,219 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 1,170 vested dividend equivalent rights and a de minimus adjustment of 0.5305 due to fractional rounding of the dividend equivalent rights.