Justin Hotard - Mar 2, 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Role: EVP, GM, HPC and AI
Signature: Ki Hoon Kim as Attorney-in-Fact for Justin Hotard
Stock symbol: HPE
Transactions as of: Mar 2, 2023
Transactions value $: $219,511
Form type: 4
Date filed: 3/6/2023, 04:59 PM
Previous filing: Dec 15, 2022
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPE	Common Stock	Options Exercise	$322K	+20.8K	+150.86%	$15.50	34.6K	Mar 2, 2023	Direct
transaction	HPE	Common Stock	Tax liability	-$103K	-6.64K	-19.19%	$15.50	28K	Mar 2, 2023	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	Award		+130	+0.68%		19.2K	Jan 13, 2023	Common Stock	130		Direct	F1, F2
transaction	HPE	Restricted Stock Units	Options Exercise		-20.8K	-50%		20.8K	Mar 2, 2023	Common Stock	20.8K		Direct	F1, F3
transaction	HPE	Restricted Stock Units	Award		+474	+0.71%		67.7K	Jan 13, 2023	Common Stock	474		Direct	F1, F4
transaction	HPE	Restricted Stock Units	Award		+1.01K	+0.73%		139K	Jan 13, 2023	Common Stock	1.01K		Direct	F1, F5

* 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 12/10/20, the reporting person was granted 53,630 restricted stock units ("RSUs"), 17,876 of which vested on 12/10/21, 17,877 of which vested on 12/10/22, and 17,877 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 includes 130.4097 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
F3	As previously reported, on 03/02/21, the reporting person was granted 58,621 RSUs, 19,540 of which vested on 03/02/22 and 03/02/23, and 19,541 of which will vest on 03/02/24. 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 285.0894 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23, and also includes 1,261 vested dividend equivalent rights and a de minimus adjustment of 0.6904 due to fractional rounding of the dividend equivalent rights at $15.50 per RSU credited to the reporting person's account on 03/02/23.
F4	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 includes 474.3100 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
F5	As previously reported, on 12/08/22, the reporting person was granted 138,122 RSUs, 46,040 of which will vest on 12/08/23, and 46,041 of which will vest on each of 12/08/24 and 12/08/25. 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 includes 1,007.5769 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.