Alan R. May - Dec 9, 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
Stock symbol: HPE
Transactions as of: Dec 9, 2022
Transactions value $: $2,648,778
Form type: 4
Date filed: 12/13/2022, 08:47 PM
Previous filing: Dec 12, 2022
Next filing: Dec 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPE	Common Stock	Options Exercise	$546K	+33.8K	+10.88%	$16.15	344K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$221K	-13.7K	-3.98%	$16.15	331K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Options Exercise	$748K	+46.3K	+14.01%	$16.15	377K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$278K	-17.2K	-4.57%	$16.15	360K	Dec 10, 2022	Direct
transaction	HPE	Common Stock	Options Exercise	$588K	+36.4K	+10.12%	$16.15	396K	Dec 9, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$164K	-10.2K	-2.56%	$16.15	386K	Dec 9, 2022	Direct
transaction	HPE	Common Stock	Award	$574K	+35.6K	+9.21%	$16.15	421K	Dec 9, 2022	Direct	F1
transaction	HPE	Common Stock	Tax liability	-$246K	-15.2K	-3.61%	$16.15	406K	Dec 9, 2022	Direct
transaction	HPE	Common Stock	Award	$1.82M	+113K	+27.7%	$16.15	519K	Dec 9, 2022	Direct	F2
transaction	HPE	Common Stock	Tax liability	-$715K	-44.3K	-8.54%	$16.15	475K	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		-33.8K	-100%		0	Dec 10, 2022	Common Stock	33.8K		Direct	F3, F4
transaction	HPE	Restricted Stock Units	Options Exercise		-46.3K	-50%		46.3K	Dec 10, 2022	Common Stock	46.3K		Direct	F3, F5
transaction	HPE	Restricted Stock Units	Options Exercise		-36.4K	-33.33%		72.8K	Dec 9, 2022	Common Stock	36.4K		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.