Hewlett Packard Enterprise Co — Director's Dealing 2017

Dec 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hewlett Packard Enterprise Co (HPE)
CIK: 0001645590
Period of Report: 2017-12-07

Reporting Person: MAY ALAN RICHARD (EVP, HR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-07	Common Stock	M	28827	$14.22	Acquired	113456	Direct
2017-12-07	Common Stock	F	15043	$14.22	Disposed	98413	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-07	Restricted Stock Units	$	A	105485	Acquired		Common Stock (105485)	Direct
2017-12-07	Restricted Stock Umits	$	M	28827	Disposed		Common Stock (28827)	Direct

Footnotes

F1: To clarify, the Form 144 reporting the 12/01/17 sale under the reporting person's 10b5-1 plan was amended by the broker to reflect 11/24/17 as the plan date. Accordingly, footnote 1 of the Form 4 submitted on the reporting person's behalf on 12/04/17 is amended to reflect 11/24/17 as the 10b5-1 plan date.

F2: Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

F3: On 12/07/17 the reporting person was granted 105,485 Restricted Stock Units ("RSUs), 35,161 of which will vest on 12/07/18, and 35,162 of which will vest on each of 12/07/19 and 12/07/20. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.

F4: As previously reported, on 12/07/16, the reporting person was granted 50,648 RSUs, 28,410 of which vested on 12/07/17, 28,411 of which will vest on 12/07/18, and 28,412 of which will vest on 12/07/19. 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 417 vested dividend equivalent rights and a de minimus adjustment of 0.8547 due to fractional rounding of the dividend equivalent rights. Unvested RSUs in this footnote reflect post spin-off conversion adjustments previously reported.