Stock of predecessor and spinoff companies
Advice and reference information from Hewlett-Packard Alumni Association members. The HPAA has a Finance Forum where we discuss US personal finance issues from an ex-HP perspective. Join the HPAA at no charge: http://www.hpalumni.org (Rev Apr 17, 2016)
Hewlett Packard Enterprise: (The HPQ/HPE split.) HPQ shareholders automatically received a proportional number of shares in HPE. Stock aspects of HPI/HPE split
Official HP public page on employee stock, including Compaq ESPP: https://content.ext.hp.com/sites/CountrySupport/Global_Total_Rewards.page
Official HPE public page on employee stock, including Compaq ESPP: https://content.ext.hpe.com/sites/CountrySupport/Global_Total_Rewards.page
HPAA member advice: If you bought CPQ shares under the Compaq employee stock purchase plan, those shares were automatically converted to HPQ shares at the time of the merger. Unless you have sold or transferred them, the shares (and your corresponding new Hewlett Packard Enterprise shares) are being held by the last administrator of the plan, Morgan Stanley Smith Barney -- which is no longer being paid for this work.
Selling HPQ shares online is still possible at https://www.stockplanconnect.com . However, selling HPE shares can only be done by calling 1-800-367-4777 or 1-801-617-7414.
To transfer your HPQ shares (and your corresponding new HPE shares) to another financial institution at no charge, you can either:
- Go to https://www.stockplanconnect.com and download the stock transfer forms for faxing to Morgan Stanley -- or
- Send an email to email@example.com -- you will immediately receive a "deleted without reading" autoreply and, later, a personal reply with instructions and forms.
Postal address: Morgan Stanley Wealth Management, 411 Borel Avenue Suite 220, San Mateo, CA 94089.
EDS stock is no longer traded. You can exchange shares for $25
per share in cash.
Official HP public page on employee stock, including EDS ESPP: https://content.ext.hp.com/sites/CountrySupport/Global_Total_Rewards.page
Official HPE public page on employee stock, including EDS ESPP: https://content.ext.hpe.com/sites/CountrySupport/Global_Total_Rewards.page
HPAA member advice: HP paid $25.00 per share in cash. You should have received a check at the time. Either that -- or the money would have been turned over by now to the unclaimed property department of the state for the last address they had for you. It is a good idea anyhow to search for unclaimed property annually on the official site of the National Association of Unclaimed Property Administrators: http://www.naupa.org
EDS annual reports on HP website: http://h30261.www3.hp.com/financial/annual-reports-eds.aspx
EDS stock price history on third-party website: http://www.1stock1.com/1stock1_175.htm
Indigo, Mercury, Opsware, Peregrine, and others: HP's FAQs for each
Acquisitions and Divestitures – unofficial directory of 156 acquisitions -- and 23 divestitures and spinoffs -- by HP, HP Inc, and Hewlett Packard Enterprise.
For more mutual help on these topics and many others, join the HP Alumni Association. You are eligible to join the HP Alumni Association if you were formerly a regular, direct employee of Hewlett-Packard, Hewlett Packard Enterprise, or HP Inc. – or have a defined retirement or termination date. Thanks to the HPAA's Supporting Members, there is no charge to join.
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