Hewlett Packard Enterprise Co — Director's Dealing 2021

Mar 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hewlett Packard Enterprise Co (HPE)
CIK: 0001645590
Period of Report: 2021-03-09

Reporting Person: REINER GARY M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-09	Common Stock	M	71873	$8.11	Acquired	71873	Direct
2021-03-09	Common Stock	F	39226	$14.8614	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-09	Non-employee Stock Option (right to buy)	$8.11	M	71873	Disposed	2022-04-20	Common Stock (71873)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	157216	Direct

Footnotes

F1: The total direct beneficial ownership reflects a decrease due to the transfer of 1,678 shares into the reporting person's JP Morgan Chase account on 02/22/21, and transfer of 32,647 shares into the reporting person's JP Morgan Chase account on 03/11/21.

F2: The total indirect beneficial ownership reflects an increase due to the transfer of 1,678 shares previously reported as being held directly by the reporting person into his JP Morgan Chase account on 02/22/21, and 32,647 shares previously reported as being held directly by the reporting person into his JP Morgan Chase account on 03/11/21.

F3: As previously reported, 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 were 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 is otherwise 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.

F4: As previously 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.

F5: This option cliff vested and became exercisable beginning on this date.

F6: This option is no longer exercisable beginning on this date.