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1. Stock issues for former and current HP and HPE employees.

An HP Alumni team has developed a step-by-step 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.

This topic is discussed in the HPAA Finance Group.  Comments: info@hpalumni.org  (Updated May 7, 2022.)

If you got 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.

Perspecta. For stock cost basis information about the purchase of Perspecta by Peraton, go to hpalumni.org/StockPerspecta


Fundamentals

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. How many shares of which HP-related companies should I have? How much cash should I have received? hpalumni.org/stock

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

HP Inc Check all three HP sites: HP Stock Owners    HP Employee Stock and Options [Tab says "Colombia" but applies to US.]     HP Worldwide External HR Support    Member advice

HPE Check both HPE sites: HPE Investor Relations [scroll down]    HPE Worldwide Former Employee Sites    Member advice

Other related companies:   Agilent and Keysight    DXC    Micro Focus    Perspecta


Other stock issues

Stock options  How they work. How they expire. Tax issues. If you exercised stock options last year, you need both a 1099-B and a W-2. Stock options   How to obtain your option-exercise W-2

If you have stock paperwork or certificates from closed companies:  
Autonomy    Compaq    DEC    EDS    Perspecta    Tandem    Other predecessor companies


Next step:  Step 2a. Spinoff Shares and Cash

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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