Mutual help for those who acquired stock via employment at HP, HPE, or predecessor companies. Operated by former HP, HPInc, and HPE employees who volunteer their time. Not officially endorsed or supported. Join us!
Stock of predecessor companies (Updated Oct 9, 2020.) Questions or comments to: firstname.lastname@example.org
Time to untangle your stock! No one but you really cares about your HP-employment-related stock. You may have stock in up to seven HP-related companies. You may find stray accounts -- or need to retrieve lost stock or dividends. With each spinoff, your cost basis changed. Your heirs won't need to know your cost basis, but will need to find all the shares An HP Alumni team developed a step-by-step process to find and protect your stock. Go to Employee Stock
If you received a "Potential Private Retirement Benefit Information" notice from Social Security, it is usually based on outdated information about a retirement plan or an employee stock fund. Note the "Year Reported" date on the form included in the body of the notice. Here's how to decode it: https://www.hpalumni.org/PotentialBenefitLetter
How to check for lost stock, dividends, and other unclaimed property https://www.hpalumni.org/Unclaimed
The Hewlett-Packard Company, predecessor to HPInc and Hewlett Packard Enterprise Company (HPE) had a page on their financial website entitled "Q and A," which linked to FAQs giving details for stockholders of companies that HP had acquired. The FAQs are no longer on the HPInc financial website -- and the FAQs about acquisitions that became part of HPE on Nov 1, 2015 are not on the HPE financial website.
We have a workaround. The non-profit Internet Archive "Wayback Machine" has been automatically crawling the World Wide Web since 1996. The most recent copy of the HP financial "Q and A" page in the Wayback Machine was collected on Jan 9, 2017 -- and it has links to a copy of each FAQ: https://web.archive.org/web/20190109232600/http://h30261.www3.hp.com/faq.aspx
The stock in these predecessor companies is no longer traded. The shareholders -- including former employees who had stock or options -- were paid off in cash or HP stock at the time of the acquisition.
Indigo. "In March 2002, an HP subsidiary... completed an exchange offer to acquire the outstanding shares of Indigo... On May 8, 2008, the Dutch Court rendered its judgment in this proceeding and awarded HP Europa the right to compulsorily acquire the Outstanding Shares. The Dutch Court set the acquisition price for the Outstanding Shares at US$ 6.39 per share..."
Mercury. "On November 2, 2006, HP completed the tender offer. Pursuant to the terms of the tender offer, Mercury stockholders who tendered their shares prior to the expiration of the offer received, in exchange for their Mercury shares, $52.00 per share in cash, without interest, less required withholding taxes."
Opsware. "HP will acquire Opsware through a cash tender offer for all of the outstanding shares of Opsware, followed by a merger or Opsware with an HP subsidiary. We expect the acquisition to close in HP's fourth fiscal quarter of 2007." [Cash paid per-share not given in the FAQ. It should be findable via Google search or search of SEC filings.]
Peregrine. "The acquisition was a cash merger and closed December 19, 2005 after meeting Peregrine stockholder approval and customary closing conditions and regulatory approvals." [Cash paid per-share not given in the FAQ. It should be findable via Google search or search of SEC filings.]
HPAA's unofficial directory of 163 acquisitions -- and 30 divestitures and spinoffs -- by HP, HPInc, and HPE since 1958.
Disclaimer. The information contained in this website, or sites linked to it, is provided as a service to the community, and does not constitute financial, legal, or personal advice. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this website and associated sites. As financial, legal, and personal advice must be tailored to the specific circumstances of each case, and finances and laws are constantly changing, nothing provided here should be used as a substitute for the personal advice of competent financial, legal, and personal advisors.
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 HP, HPInc, or HPE -- or are in the process of leaving -- join the HP Alumni Association. Helping each other with life after HP. No charge, thanks to HPAA members.
© 2021 Hewlett-Packard Alumni Association, Inc. • By using this site you accept these terms • Operated by former employees who volunteer their time. Not officially endorsed or supported by any company.