Hewlett Packard Enterprise Co — Director's Dealing 2015

Dec 10, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hewlett Packard Enterprise Co (HPE)
CIK: 0001645590
Period of Report: 2015-12-09

Reporting Person: Karros Kirt P (SVP, Finance & Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-09	Employee Stock Option (right to buy)	$14.85	A	15153	Acquired	2023-12-09	Common Stock (15153)	Direct
2015-12-09	Restricted Stock Units	$	A	15152	Acquired		Common Stock (15152)	Direct
2015-11-01	Restricted Stock Units	$	J	32373.4659	Acquired		Common Stock (32373.4659)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Footnotes

F1: This option will become exercisable beginning on this date.

F2: This option is no longer exercisable beginning on this date.

F3: Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

F4: On 12/09/15 the reporting person was granted 15,152 restricted stock units ("RSUs"), 5,050 of which will vest on 12/09/16, and 5,051 of which will vest on each of 12/09/17 and 12/09/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.

F5: Hewlett-Packard Company ("HP Co.") stockholders of record on 10/21/15 ("Record Date") received one share of Hewlett Packard Enterprise common stock for every one share of HP Co. common stock held on the Record Date. As reported in the Registration Statement on Form 10 filed by Issuer with the SEC, in connection with the separation, equity-based awards granted by HP Co, prior to the separation will be converted to adjust the award in a manner intended to preserve the aggregate intrinsic value of the original HP Co. award as measured immediately before and immediately after the separation, subject to rounding. The adjusted equity award will otherwise be subject to the same terms and conditions that applied to the original HP Co. award immediately prior to the separation, unless otherwise noted. The reporting person's equity-based awards granted by HP Co. prior to separation have been converted into equity-based awards with respect to the Issuer's common stock.

F6: On 05/11/15, the reporting person was granted 40,059 RSUs, 24,015 of which will vest on 05/11/16, and 24,016 of which will vest on each of 05/11/17 and 05/11/18. 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 231.0087 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15, and 251.7095 dividend equivalent rights at $28.01 per RSU credited to the reporting person's account on 10/07/15.