Alan R. May - Mar 7, 2023 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
Mar 7, 2023
Transactions value $
-$5,611,264
Form type
4
Date filed
3/9/2023, 03:19 PM
Previous filing
Dec 19, 2022
Next filing
Sep 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Options Exercise $5.01M +478K +100.78% $10.48 953K Mar 7, 2023 Direct
transaction HPE Common Stock Sale -$7.22M -478K -50.19% $15.11 475K Mar 7, 2023 Direct F1
transaction HPE Common Stock Sale -$3.4M -225K -47.42% $15.11 250K Mar 7, 2023 Direct F1

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 +316 +0.68% 46.6K Jan 13, 2023 Common Stock 316 Direct F2, F3
transaction HPE Restricted Stock Units Award +495 +0.71% 70.6K Jan 13, 2023 Common Stock 495 Direct F2, F4
transaction HPE Restricted Stock Units Award +784 +0.73% 108K Jan 13, 2023 Common Stock 784 Direct F2, F5
transaction HPE Employee Stock Option (right to buy) Options Exercise $0 -478K -100% $0.00* 0 Mar 7, 2023 Common Stock 478K $10.48 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price of $15.1062. The prices actually paid ranged from $15.00 to $15.2750. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff information regarding the number of shares purchased at each price within the range.
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 135,107 restricted stock units ("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 reflects 316.2748 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
F4 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 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 number of derivative securities in column 5 reflects 494.6626 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 107,428 RSUs, 35,809 of which will vest on each of 12/08/23 and 12/08/24, and 35,810 of which will vest on 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 783.6693 dividend equivalent rights at $16.45 per RSU credited to the reporting person's account on 01/13/23.
F6 This option became exercisable beginning on this date.
F7 This option is no longer exercisable beginning on this date.