Justin Hotard - Dec 8, 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: Dec 8, 2023
Transactions value $: $1,249,783
Form type: 4
Date filed: 12/12/2023, 08:12 PM
Previous filing: Dec 11, 2023
Next filing: Dec 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPE	Common Stock	Award	$661K	+40.8K		$16.22	40.8K	Dec 9, 2023	Direct	F1
transaction	HPE	Common Stock	Tax liability	-$303K	-18.7K	-45.85%	$16.22	22.1K	Dec 9, 2023	Direct
transaction	HPE	Common Stock	Options Exercise	$769K	+47.4K	+214.63%	$16.22	69.5K	Dec 8, 2023	Direct
transaction	HPE	Common Stock	Tax liability	-$352K	-21.7K	-31.28%	$16.22	47.7K	Dec 8, 2023	Direct
transaction	HPE	Common Stock	Options Exercise	$560K	+34.5K	+72.35%	$16.22	82.3K	Dec 9, 2023	Direct
transaction	HPE	Common Stock	Tax liability	-$257K	-15.8K	-19.25%	$16.22	66.4K	Dec 9, 2023	Direct
transaction	HPE	Common Stock	Options Exercise	$318K	+19.6K	+29.5%	$16.22	86K	Dec 10, 2023	Direct
transaction	HPE	Common Stock	Tax liability	-$146K	-8.99K	-10.45%	$16.22	77.1K	Dec 10, 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		-19.6K	-100%		0	Dec 10, 2023	Common Stock	19.6K		Direct	F2, F3
transaction	HPE	Restricted Stock Units	Options Exercise		-34.5K	-50%		34.5K	Dec 9, 2023	Common Stock	34.5K		Direct	F2, F4
transaction	HPE	Restricted Stock Units	Options Exercise		-47.4K	-33.33%		94.8K	Dec 8, 2023	Common Stock	47.4K		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.