Alan R. May - Dec 15, 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 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/19/2022, 04:20 PM
Previous filing: Dec 13, 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	$41.4K	+2.63K	+0.55%	$15.76	477K	Dec 15, 2022	Direct
transaction	HPE	Common Stock	Tax liability	-$41.4K	-2.63K	-0.55%	$15.76	475K	Dec 15, 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		-2.63K	-3.61%		70.1K	Dec 15, 2022	Common Stock	2.63K		Direct	F1, F2

* 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 12/09/21 the reporting person was granted 105,657 restricted stock units ("RSUs"), 35,219 of which vested on 12/09/22, and 33,905 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 vesting amounts and number of derivative securities in column 5 reflect the reporting person's early retirement eligibility and early withholding of RSUs for payment of FICA taxes.

Content

Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

As previously reported, on 12/09/21 the reporting person was granted 105,657 restricted stock units ("RSUs"), 35,219 of which vested on 12/09/22, and 33,905 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 vesting amounts and number of derivative securities in column 5 reflect the reporting person's early retirement eligibility and early withholding of RSUs for payment of FICA taxes.