Additional information on exercising stock options for team members outside the U.S. is provided in the chart below. For countries not listed in either section below, check with your local HR representative.
Merrill Lynch is the exclusive global broker you’ll use when exercising your stock options.
| Country | Process |
|---|---|
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Cashless exercise countries
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Due to local laws and regulations, HPE grants stock options in certain countries that only allow you to receive cash upon exercise. Compliance with local laws and regulations requires that you won't be permitted to receive HPE shares. HPE has established the following process for exercising these stock options. Please note that if you don't follow these instructions, you may violate local laws or regulations. HPE isn't responsible for your failure to comply with all applicable laws and regulations. You'll be solely responsible for any liability associated with violating applicable laws or failing to comply with the mandatory cashless exercise procedures outlined here. Current mandatory cashless exercise procedures Mandatory cashless exercises are executed by Merrill Lynch. You will only be able to exercise your stock options using the “cashless sell” exercise method. |
|
France |
Team members and former team members in France must use Merrill Lynch to exercise stock options. Proceeds or shares resulting from your exercise will automatically be sent to Banque Transatlantique. |
|
Israel |
Team members and former team members in Israel must use Merrill Lynch to exercise stock options. Proceeds or shares resulting from your exercise will automatically be sent to IBI Capital. Please contact your local Human Resources people leader for details. |