Hewlett Packard Enterprise Co — Director's Dealing 2018

Apr 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hewlett Packard Enterprise Co (HPE)
CIK: 0001645590
Period of Report: 2018-04-04

Reporting Person: Ammann Daniel (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-04	Common Stock	M	15351	—	Disposed	32978	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-04	Restricted Stock Units	$	M	15351	Disposed		Common Stock (15351)	Direct

Footnotes

F1: As reported in the Registration Statements on Form 10 filed by Issuer with the SEC, in connection with the spin-offs of Everett SpinCo, Inc. on 04/01/17 and Seattle SpinCo, Inc. on 09/01/17, equity-based awards granted by Issuer, prior to the spin-offs were converted to adjust the award in a manner intended to preserve the aggregate intrinsic value of the original award as measured immediately before and immediately after the spin-offs, subject to rounding. The adjusted equity award is otherwise subject to the same terms and conditions that applied to the original award immediately prior to the spin-offs, unless otherwise noted. The reporting person's equity based awards reflect the conversion adjustments.

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

F3: As previously reported, on 04/21/17 the reporting person was granted 11,853 restricted stock units ("RSUs"), all of which cliff vested on the earlier of 04/21/18 or the date of Issuer's 2018 Annual Stockholders Meeting. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 201.9541 dividend equivalent rights being reported reflect 45.4808 dividend equivalent rights at $16.94 per RSU credited to the reporting person's account on 07/05/17, 66.5328 dividend equivalent rights at $14.80 per RSU credited to the reporting person's account on 10/04/17, and 77.2908 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18. Vested RSUs in this footnote, and the amount in column 9 reflect the conversion adjustments noted in footnote (1) above.

F4: The number of derivative securities in column 5 includes 201.9541 vested dividend equivalent rights and a de minimus adjustment of 0.0459 due to fractional rounding of the dividend equivalent rights.