1. Stock issues for former and current HP and HPE employees.
An HP Alumni team has developed a process to determine what stock you should have, find it, and check your cost basis records.
This information was developed by a team of former employees using archived SEC filings, contemporaneous press releases, and investor information often no longer available on the HP website. The HP Alumni Association is operated by volunteers. Not officially endorsed or supported.
"Potential Private Retirement Benefit" letter from Social Security. 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: hpalumni.org/PotentialBenefitLetter.
Perspecta. For stock cost basis information about the purchase of Perspecta by Peraton, go to hpalumni.org/StockPerspecta
No one but you really cares about your employment-related 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.
(The companies currently include: HP Inc. Hewlett Packard Enterprise, DXC, Micro Focus, Agilent, and Keysight. Details: HP Breakup Timeline )
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.
Inherited stock, unlike gifted securities, is not valued at its original cost basis. When an individual inherits a stock, its cost basis is stepped up to the value of the security at the date of the inheritance.
Donating stock. "If you are planning donations to charity anyway, you may be able to avoid having to figure out the basis for stocks by just donating the stock. Check with an accountant or tax advisor for details or possible pitfalls. Saved me a lot of grief." --HPAA member
Companies are required to turn over unclaimed property to the state after a specific time period, as little as two years in some states. If a stock dividend check is not cashed -- and there are no other transactions that were initiated by you on the stock account -- by law, the "unclaimed" timer generally starts.
Official information sources
Other stock issues
How many shares of which HP-related companies should I have? How much cash should I have received? HP spinoff shares and cash
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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