HPE (Hewlett Packard Enterprise) stock issues for former and current employees (Updated Feb 27, 2022.)
Time to untangle your stock! Depending on when and how you acquired HP or HPE stock, you may now have stock in up to six completely separate HP-related companies in various accounts -- or have missed cash payouts. How many shares of which HP-related companies should I have? How much cash should I have received? hpalumni.org/stock
If you received a letter from Social Security entitled "Potential Private Retirement Benefit." Look at the "Year Reported" and the table on the back of the letter. If "Type of Benefit" is "A" -- you rolled to a different plan, bought an annuity, or took cash. How to decode and what to do: https://www.hpalumni.org/PotentialBenefitLetter.
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Transfer agent for HPE is currently Equiniti. Long-time HP employees will have old statements from HP's previous transfer agents: Harris Trust, Computershare (which bought the Harris registry business), BNY Mellon, then Computershare again. Employee purchase administration is now at Fidelity.
- Equiniti https://www.shareowneronline.com
- International toll-free phone numbers for Equiniti are listed on the Equiniti website
- HPE Global Equity email: firstname.lastname@example.org
"...you will generally not recognize gain or loss for US federal income tax purposes..." HP/HPE tax basis letter
Your broker may have used a different formula than the one suggested in the tax basis letter provided by the company -- resulting in a somewhat different value. Check your brokerage account online -- or by examining a recent account statement -- to view your holdings in each stock going forward. HP/HPE tax basis letter Fidelity stock issues reported by members
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 1-800-457-4015 (Outside US 1-508-787-9902 collect.) Fidelity (Don't go to a local Fidelity office.)
Stock options and SARs. "Each award of HP Co. stock options or SARs held by an individual who will be an employee of HP Inc. following the separation, or who is a former employee of HP Co. as of the separation, will continue to relate to HP Inc. common stock, provided that the exercise price of, and number of shares subject to, each such award will be adjusted 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. Such adjusted award will otherwise to subject to the same terms and conditions that applied to the original HP Co. award immediately prior to the separation, except that, for each such award of stock options that are performance-contingent stock options, the performance requirements will be adjusted in a manner that preserves the original ratio of stock price hurdle to exercise price." Options and SARs for those who will be an HPE employee after the separation will be similarly adjusted and converted into HPE options and SARs. HPE SEC filing [Document page 154. Condensed and boldface emphasis added.]
If you don't have good records -- or did not input your lot-and-cost information into your broker's system -- you can use our spreadsheet to estimate your cost basis for each HP-related stock for any span of HP employment from 7/1/1959 through the 11/1/2000 plan changeover. hpalumni.org/StockSpread
Sign up for HPE Investor Email Alerts
If formerly a regular, direct U.S. employee of HP or HPE -- or are in the process of leaving -- join the HP Alumni Association. No charge, thanks to HPAA's Supporting Members.
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