Hewlett Packard Enterprise Co — Director's Dealing 2018

May 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hewlett Packard Enterprise Co (HPE)
CIK: 0001645590
Period of Report: 2018-05-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-11	Common Stock	M	42369	$17.67	Acquired	42369	Direct
2018-05-11	Common Stock	F	14649	$17.67	Disposed	27720	Direct
2018-05-15	Common Stock	S	27720	$17.4722	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-11	Restricted Stock Units	$	M	42369	Disposed		Common Stock (42369)	Direct
2018-01-03	Restricted Stock Units	$	A	228.649	Acquired		Common Stock (228.649)	Direct
2018-01-03	Restricted Stock Units	$	A	80.3238	Acquired		Common Stock (80.3238)	Direct
2018-01-03	Restricted Stock Units	$	A	193.297	Acquired		Common Stock (193.297)	Direct
2018-01-03	Restricted Stock Units	$	A	481.8015	Acquired		Common Stock (481.8015)	Direct

Footnotes

F1: The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/07/18.

F2: The price in Column 4 is a weighted average price. The prices actually paid ranged from $17.445 to $17.51. 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.

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

F4: As previously reported, on 05/11/15, the reporting person was granted 40,059 restricted stock units ("RSUs"), 24,015 of which vested on 05/11/16, and 31,621 of which vested on 05/11/17, and 40,415 of which vested on 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 dividend equivalent rights being reported include 206.1990 at $14.70 per RSU credited to the reporting person's account on 01/03/18. The number of derivative securities in column 5 includes 175.7174 vested dividend equivalent rights and a de minimus adjustment of 0.9970 due to fractional rounding of the dividend equivalent rights. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.

F5: As previously reported, on 11/02/15 the reporting person was granted 43,133 RSUs, 14,377 of which vested on 11/02/16, 18,931 of which vested on 11/02/17, and 18,931 of which will vest on 11/02/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 228.6490 dividend equivalent rights being reported include 123.4490 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 105.2000 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.

F6: As previously reported, on 12/09/15 the reporting person was granted 15,152 RSUs, 5,050 of which vested on 12/09/16, 6,650 of which vested on 12/09/17, and 6,650 of which will vest on 12/09/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 80.3238 dividend equivalent rights being reported include 43.3673 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 36.9565 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.

F7: As previously reported, on 12/07/16 the reporting person was granted 18,233 RSUs, 8,002 of which vested on 12/07/17, 6,650 of which vested on 12/09/17, and 6,650 of which will vest on 12/09/18. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The 193.2970 dividend equivalent rights being reported include 104.3622 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 88.9348 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18. Unvested RSUs in this footnote, and the amount in column 5 reflect the conversion adjustment previously reported.

F8: As previously reported, on 12/07/17 the reporting person was granted 50,985 RSUs, 16,995 of which will vest on each of 12/07/18, 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. The 481.8015 dividend equivalent rights being reported include 260.1276 dividend equivalent rights at $14.70 per RSU credited to the reporting person's account on 01/03/18, and 221.6739 dividend equivalent rights at $17.25 per RSU credited to the reporting person's account on 04/04/18.