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1a. Perspecta spinoff   (Updated May 9, 2018.) 

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If you owned DXC shares on May 25, 2018, you have been issued shares in a new company called "Perspecta" -- with corresponding adjustment in value of your DXC shares. Stock details - 5/7/18 and SEC filing

Perspecta is a new company -- spinning off the 6,500-employee U.S. Public Sector Business of DXC and merging it with 3,800-employee intelligence community contractor Vencore and 3,700-employee background investigation firm KeyPoint.

As detailed in the table below, the sequence is: HP bought EDS; HP spun off HPE; the HPE spin/merge with CSC created DXC; now the DXC spin/merge is creating Perspecta.

Time to untangle your stock! Due to the breakup of HP, many have discovered that they have stock in more HP-related companies (as many as seven), located in more accounts, and with much less accurate cost basis values that they thought. You or your heirs could lose some of the stock or dividends as "abandoned" -- and you could wind up paying taxes twice on the same income. A team of HP Alumni volunteers has developed a step-by-step process to help you find all your stock, protectit from being treated as abandoned property, and prevent double taxation. Go to Employee Stock

Questions or comments to: info@hpalumni.org

For each share of...      stock symbol   owned on
(sorted by date)
  you received New stock symbol   In HPAA cost basis spreadsheets?   Incorporated
in (to find lost stock)
  If you want

HP bought EDS








cash from HP, a 32% premium 








EDS details

HP spun off HPE




share of Hewlett Packard Enterprise.







HPE details

-  HPE spin/merge with CSC,
   creating DXC




share of DXC. ("Everett SpinCo") 







DXC details

    -  DXC spin/merge,
       creating Perspecta




share of Perspecta.  







(you are here)

Background:  Announcement - 10/11/17 and Transcript    Press release - 3/8/18

Stock information and contacts:

Perspecta transfer agent (and distribution agent for the spin/merge) is Equiniti.  (Source)
EQ Shareowner Services
P.O. Box 64874
St. Paul, MN 55164-0874
Phone: 800-468-9716

DXC: Check both official DXC pages:  Primary    Employees and Alumni

Unexpired HPE options: If you had unexpired HPE stock options and were transitioned to DXC, the HPE options in your Merrill Lynch account may have vanished in April 2017 -- with no notification. The HPE options were converted to DXC options and placed in a new Fidelity account. Presumably, something similar will be done for people transferred to Perspecta.

Fidelity: :If you have an existing HP 401(k) or personal brokerage account at Fidelity, go to http://netbenefits.com and use your existing username and password. Otherwise, call Fidelity at 1-800-457-4015 -- select "ESPP" -- on any business day (except NYSE holidays) between 8:30 a.m. and midnight Eastern time. Outside the US, call 1-508-787-9902 collect.

Perspecta corporate address:   (Source)
13600 EDS Drive
Herndon, VA 20171
Phone: 703-245-9675

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For more mutual help on this topic and many others, join the independent HP Alumni Association. If you were formerly a regular, direct employee of Hewlett-Packard, HP Inc, or Hewlett Packard Enterprise -- or have a defined retirement or termination date, join the HPAA. No charge, thanks to HPAA members.

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