Justin Hotard - 08 Dec 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
Issuer symbol: HPE
Transactions as of: 08 Dec 2023
Net transactions value: +$1,249,783
Form type: 4
Filing time: 12 Dec 2023, 20:12:36 UTC
Previous filing: 11 Dec 2023
Next filing: 14 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPE	Common Stock	Award	$661,354	+40,774		$16.22	40,774	09 Dec 2023	Direct	F1
transaction	HPE	Common Stock	Tax liability	$303,249	-18,696	-46%	$16.22	22,078	09 Dec 2023	Direct
transaction	HPE	Common Stock	Options Exercise	$768,617	+47,387	+215%	$16.22	69,465	08 Dec 2023	Direct
transaction	HPE	Common Stock	Tax liability	$352,428	-21,728	-31%	$16.22	47,737	08 Dec 2023	Direct
transaction	HPE	Common Stock	Options Exercise	$560,239	+34,540	+72%	$16.22	82,277	09 Dec 2023	Direct
transaction	HPE	Common Stock	Tax liability	$256,876	-15,837	-19%	$16.22	66,440	09 Dec 2023	Direct
transaction	HPE	Common Stock	Options Exercise	$317,912	+19,600	+30%	$16.22	86,040	10 Dec 2023	Direct
transaction	HPE	Common Stock	Tax liability	$145,785	-8,988	-10%	$16.22	77,052	10 Dec 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	Options Exercise		-19,600	-100%		0	10 Dec 2023	Common Stock	19,600		Direct	F2, F3
transaction	HPE	Restricted Stock Units	Options Exercise		-34,540	-50%		34,538	09 Dec 2023	Common Stock	34,540		Direct	F2, F4
transaction	HPE	Restricted Stock Units	Options Exercise		-47,387	-33%		94,773	08 Dec 2023	Common Stock	47,387		Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	On 12/09/21 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.
F2	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3	As previously reported, on 12/10/20, 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 vested 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 reflects 1,723 vested dividend equivalent rights and a de minimus adjustment of 0.4190 due to fractional rounding of the dividend equivalent rights.
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, 32,510 of which vested on 12/09/23, and 32,510 of which will vest on 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 reflects 2,030 vested dividend equivalent rights and a de minimus adjustment of 0.3334 due to fractional rounding of the dividend equivalent rights.
F5	As previously reported, on 12/08/22, the reporting person was granted 138,122 RSUs, 46,040 of which vested 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 reflects 1,347 vested dividend equivalent rights and a de minimus adjustment of 0.4134 due to fractional rounding of the dividend equivalent rights.