Stockholder Frequently Asked Questions
- A. SAIC, Inc. Common Stock
- General Information about SAIC, Inc. common stock.
- B. Computershare: Stock Transfer Agent & Stock Plan Administrator
- Computershare Shareowner Services contact information, hours, Internet account access, statements, and electronic document access.
- C. Account Information
- Answers to common questions to effect changes in stock accounts at Computershare including address changes, name changes, account status, and account access issues.
- D. MLink℠
- MLink℠ is an electronic document delivery service available through Computershare Shareowner Services ("Computershare").
- E. Stock Transfer
- Information about stock transfer services, instructions, forms, Medallion Signature Guarantees, and account registration.
- F. Purchase or Sale of Stock
- Information on how to sell shares of SAIC, Inc. common stock or transfer shares to a broker.
- G. General Tax & Cost Basis
- General information about the tax reporting requirements, and tax consequences of income and/or sale proceeds received from your investment in SAIC stock.
- H. Dividend
- General information about the SAIC dividend program.
A. SAIC, Inc. Common Stock
- Q-A1. How can I find the closing price for SAIC, Inc. common stock?
- Q-A2. What is the CUSIP number for SAIC, Inc. common stock?
- Q-A3. Who is SAIC's transfer agent?
- Q-A4. Can I obtain stockholder materials electronically — including voting my proxy online?
B. Computershare: Stock Transfer Agent & Stock Plan Administrator
- Q-B1. What services does Computershare perform for SAIC?
- Q-B2. What are Computershare's hours of operation?
- Q-B3. How do I electronically access my stock accounts at Computershare?
- Q-B4. What is the EquityAccess Portal and what does it include?
- Q-B5. What kind of browser do I need to access the EquityAccess portal?
- Q-B6. Does Computershare provide a summary of all my stock and/or option accounts in one place?
- Q-B7. Does Computershare send stockholders a printed quarterly or annual Stock Statement?
- Q-B8. Are there regular account maintenance fees with Computershare?
- Q-B9. Who should I contact if I have questions about my stock accounts?
- Q-B10. If I acquire shares of common stock in the public market or otherwise hold SAIC shares in my brokerage account, will these shares be shown in my Equity Holdings account at Computershare?
- Q-B11. Is Computershare responsible for administering the SAIC Retirement Plans?
- Q-B12. What is the role of SAIC Stock Programs?
C. Account Information
- Q-C1. How do I obtain my Computershare Access ID and PIN number?
- Q-C2. What should I do if I have not received or have misplaced my Access ID and/or PIN number from Computershare?
- Q-C3. What is the personal ID and web password?
- Q-C4. I am having issues logging into the EquityACcess Portal. What should I do?
- Q-C5. How do I update my personal address on the Computershare system?
- Q-C6. How do I change the name(s) on my account(s) at Computershare?
- Q-C7. Can family members who own stock access their accounts through the EquityAccess portal?
- Q-C8. If there is an account discrepancy (e.g., missing shares, incorrect transactions), should I contact SAIC or Computershare?
- Q-C9. Are beneficiary forms available on the Computershare site?
D. MLink
- Q-D1. What is MLink?
- Q-D2. What types of communications are not accessible through MLink?
- Q-D3. Does enrolling in MLink eliminate the receipt of hard copy documents via standard U.S. mail?
- Q-D4. Will I be able to receive SAIC proxies and voting materials through MLink?
- Q-D5. Can I have MLink send statement notifications to my personal email address?
- Q-D6. Who is eligible to enroll in MLink?
- Q-D7. How do I enroll in MLink?
- Q-D8. Do I have the option of canceling my enrollment?
- Q-D9. How do I cancel my enrollment?
- Q-D10. How do I update my email address?
- Q-D11. Can a customer service representative (CSR) update my email address or Password/PIN?
- Q-D12. Can I get both electronic delivery and standard U.S. mail delivery of my documents simultaneously?
- Q-D13. Are my electronic documents any different than those delivered by standard U.S. mail?
- Q-D14. What format will my documents be in?
- Q-D15. I don't have the Adobe Acrobat Reader. Can I still enroll?
- Q-D16. How will I be notified that I have new shareholder communication activity?
- Q-D17. What means will be used to notify me if email notification fails?
- Q-D18. When are SAIC, Inc. Common Stock Statements generated?
- Q-D19. Does Computershare provide stockholders quarterly or annual stock summary statements?
E. Stock Transfer
- Q-E1. What are the transfer restrictions on the common stock?
- Q-E2. How do I transfer common stock to someone else?
- Q-E3. How do I transfer common stock to a charity?
- Q-E4. What is a Medallion Signature Guarantee and where do I get one?
- Q-E5. How do I transfer stock from my Computershare ESPP account?
- Q-E6. Is there a fee for stock transfers or registration name changes?
- Q-E7. What are some of the different ways of registering ownership of SAIC stock?
F. Purchase or Sale of Stock
- Q-F1. How can I purchase common stock?
- Q-F2. Can I use my existing brokerage firm to hold or sell my shares?
- Q-F3. What is the Computershare Share Selling program?
- Q-F4. What functionality is available in Employee Stock Purchase application with respect to the sale of ESPP shares?
- Q-F5. Is the functionality for selling shares directly from my ESPP account available in the share selling program from my Computershare Equity Holdings account?
- Q-F6. In the case of a financial hardship, can stockholders request to sell shares acquired through the Employee Stock Purchase Plan (ESPP) before the expiration of the one year holding period and/or 21-month transfer restriction associated with shares acquired through the ESPP?
G. General Tax & Cost Basis
- Q-G1. Who issues W-2s to reflect ordinary income related to SAIC option exercises, vesting of Restricted Stock Awards or ESPP Disqualifying Disposition stock transactions?
- Q-G2. Who issues a Form 1099-B for proceeds from stock sales?
- Q-G3. Will I receive a Form 1099-B if shares were liquidated for the taxes on my option exercise or restricted stock award?
- Q-G4. Does Computershare track cost basis for SAIC Stockholders?
- Q-G5. Where can I find historical transaction information about my shares of old class A preferred stock that were converted to common stock as result of the reclassification?
- Q-G6. Will I also be able to access my former class A preferred stock account history online after the reclassification?
- Q-G7. How can I find the adjusted acquisition cost per share for shares marked "N/A" on my Investor Activity Report (IAR)?
- Q-G8. How can I track the transaction detail for shares of common stock acquired after the Nov. 16, 2009, reclassification and prior to Jan. 1, 2011, that are held in the Computershare common stock account?
H. Dividend
- Q-H1. When will the next SAIC dividend be paid?
- Q-H2. What is SAIC's dividend policy?
- Q-H3. Why is SAIC paying a quarterly dividend?
- Q-H4. How will dividends be paid to registered stockholders?
- Q-H5. How and when will stockholders receive tax reporting information related to dividends?
- Q-H6. Does SAIC offer a direct deposit option for dividend payments?
- Q-H7. Does SAIC offer a dividend reinvestment program?
- Q-H8. What if my dividend check does not arrive in a timely manner following the payment date?
- Q-H10. How will dividends be paid to holders of shares purchased under the SAIC Employee Stock Purchase Plan (ESPP) that are being held in the Computershare Employee Stock Purchase Plan account?
- Q-H11. How will dividends be paid on investments in the SAIC Stock Funds held in the SAIC Retirement Plan?
A. SAIC, Inc. Common Stock
Q-A1. How can I find the closing price for SAIC, Inc. common stock?
You can find the closing stock price on the New York Stock Exchange web site. SAIC, Inc. common stock is traded under the ticker symbol SAI.
Q-A2. What is the CUSIP number for SAIC, Inc. common stock?
The CUSIP number for SAIC, Inc. common stock which is publicly traded on the NYSE under the ticker symbol SAI is 78390X 10 1. A CUSIP number identifies all stocks and registered bonds issued by the Committee on Uniform Securities Identification Procedures.
Q-A3. Who is SAIC's transfer agent?
Computershare Shareowner Services
480 Washington Blvd.
Jersey City, NJ 07310
866-400-SAIC (7242) (U.S.)
201-680-6625 (International)
saicinquiry@bnymellon.com
Q-A4. Can I obtain stockholder materials electronically — including voting my proxy online?
SAIC is pleased to offer all of our stockholders the benefits and convenience of electronic delivery of stockholder materials through "E-Delivery." For more information and to begin the enrollment process, visit the Online Access to Stockholder Materials page.
B. Computershare Stock Transfer Agent & Stock Plan Administrator
Q-B1. What services does Computershare perform for SAIC?
As the Transfer Agent, Computershare is responsible for maintaining stockholder records, recording acquisitions and dispositions of SAIC stock, effecting transfers of stock, and providing account information to our stockholders.
Computershare does not provide traditional brokerage services for stockholders with common stock accounts in the Equity Holdings application. However, at SAIC's request, Computershare has created a share selling program expressly for these stockholders.
Computershare Share Selling Program is operated by Computershare as a transfer agent, not a broker. The purpose of the program is solely to facilitate sales of SAIC, Inc. stock and participation in the program is different than selling shares directly through a broker. This program works differently than sales executed by their stock plan administration line of business because Computershare is solely acting as an intermediary between the stockholder and the broker who actually sells the shares. For more information on the Share selling program, see Computershare Share Selling Program.
As the Stock Plan Administrator, Computershare is responsible for maintaining records of our bonus stock and option plans, facilitating grants and option exercises, and processing enrollments, terminations, purchases, and sale transactions under SAIC's Employee Stock Purchase Plan (ESPP). In this line of business, Computershare is able to utilize their brokerage line of business to provide broker type functionality only for sales of stock purchased through the ESPP and held in a stockholder's ESPP account. The sale functionality for shares held in the ESPP account is industry standard to facilitate sales of plan shares.
Q-B2. What are Computershare's hours of operation?
The EquityAccess portal is available 24 hours a day, seven days a week (subject to scheduled maintenance). Telephone hours are from 3 a.m. to 9 p.m. ET on any business day that the New York Stock Exchange is open for trading. The web address for Computershare Shareowner Services is: http://www.cpushareownerservices.com.
Q-B3. How do I electronically access my stock accounts at Computershare?
Stockholders should go to the EquityAccess Portal. Select "EquityAccess" in the middle section at the bottom of the screen, under "Employee Stock Plan Participants". During your initial login into the system, enter your unique Access ID and PIN number and click the "Log In" button. Subsequent logins will require the personal ID and web password that you establish during your initial login. Once logged in, stockholders may access up to three separate services that Computershare Shareowner Services is providing to SAIC.
Click on the "Details" button next to the:
- "Equity Holdings" section to access your common stock account
- "Employee Grants and Awards" section to access information regarding your stock options and restricted (vesting) stock
- "Employee Stock Purchase" section to access your Employee Stock Purchase Plan (ESPP) enrollment and/or shares
Q-B4. What is the EquityAccess Portal and what does it include?
The EquityAccess Portal links three separate applications in one place for ease of user access:
- Equity Holdings application
- Employee Grants and Awards application for Options/Restricted Stock
- Employee Stock Purchase application to support the administration of the ESPP (SAIC's Employee Stock Purchase Plan)
Users will notice that each application has a unique template and navigation.
Q-B5. What kind of browser do I need to access the EquityAccess portal?
The EquityAccess portal supports Netscape and Internet Explorer browsers 4.0 and above on any operating system. However, per Computershare's site policies, to support SSL, stock and option holders should have an Internet browser that supports state-of-the-art 128-bit "strong" encryption, such as Microsoft's Internet Explorer 5.5 and higher, or Netscape 7.2 and higher. This is the case for the EquityAccess portal and the Employee Grants and Awards application. The Equity Holdings and Employee Stock Purchase applications require Internet Explorer 5.x, or Netscape 7.x. The EquityAccess portal may not be supported by other browsers such as Mozilla Firefox.
Q-B6. Does Computershare provide a summary of all my stock and/or option accounts in one place?
No. The EquityAccess portal provides access to a summary of your stock and your options/vesting stock in three separate applications.
- The Equity Holdings application provides information on your directly held and fully vested shares of common stock. Computershare will produce an SAIC, Inc. Common Stock Statement after a transaction that reflects changes to your Equity Holdings account. For example, changes may be the result of share issuances from the exercise of a stock option and/or the vesting of a restricted stock award.
- The Employee Grants and Awards application provides a summary of any unvested and vested stock options and the unvested portion of any vesting stock bonus award under the "Grants & Awards" menu.
- The Employee Stock Purchase application provides a summary of shares available purchased through the ESPP during the preceding 21 months from the November 16, 2009 stock reclassification and for shares from the December 31, 2009 purchase going forward. Computershare will produce an ESPP Statement after a transaction which reflects changes to your ESPP account. For example, changes may be the result of issuances from ESPP purchases or dispositions from ESPP sales.
Q-B7. Does Computershare send stockholders a printed quarterly or annual Stock Statement?
Quarterly reports are not automatically produced.
- An annual SAIC, Inc. Common Stock Statement will be generated for all common stock account holders at the end of the calendar year. In addition, Computershare will produce an SAIC, Inc. Common Stock Statement after a transaction which reflects changes to your Equity Holdings account.
- An annual ESPP Statement will be generated for all ESPP account holders at the end of the calendar year. In addition, Computershare will produce an ESPP Statement after a transaction which reflects changes to your ESPP account.
- You may request a copy of a statement at any time.
- To request a copy by phone, call 866-400-SAIC (7242) in the U.S., or 201-680-6625 for international.
- Copies of SAIC, Inc. Common Stock Statements are available online by enrolling in MLink.
Q-B8. Are there regular account maintenance fees with Computershare?
No. There are no maintenance fees charged to SAIC stockholders or optionees. Computershare does charge normal and customary fees associated with stock option exercises and stock sales. Information regarding transaction fees is available on the EquityAccess web site and the SAIC Stock Programs web site on ISSAIC, the employee intranet.
Q-B9. Who should I contact if I have questions about my stock accounts?
Use the SAIC specific telephone numbers and the mailing address below to contact Computershare for questions about your common stock, option or restricted stock accounts, ESPP account, or for assistance with processing transactions. The Computershare customer service representatives (CSRs) on these dedicated SAIC phone lines are trained on SAIC's stock and option programs. Please do not use the general contact numbers on the Computershare Shareowner Services web site. Emails sent to Computershare's email address will be routed through Computershare's general customer service department and may take additional time to be answered.
Telephone:
- 866-400-SAIC (7242) - In the U.S.
- 201-680-6625 - International
Email:
Inquiries to Computershare can be sent via email at: saicinquiry@bnymellon.com.
(Please Note: Computershare cannot accept any account updates or transaction requests by email).
You will receive an automated email confirmation within one business day of submission from Computershare with a case number assigned to your inquiry. After researching your inquiry, Computershare will respond via email within five-10 business days.
Standard U.S. Mail:
SAIC
c/o Computershare Shareowner Services
P.O. Box 358406
Pittsburgh, PA 15252-8406
P.O. Box 358406 is expressly for SAIC stockholders. Option holders should contact Stock Programs or go online to ISSAIC, the employee intranet, for the special standard U.S. mail address for exercising options. Please note that there are other P.O. Box numbers listed in the Computershare system but using them can delay the processing of your transaction or request.
Overnight Delivery:
SAIC
c/o Computershare Shareowner Services
480 Washington Blvd.
Jersey City, NJ 07310
Q-B10. If I acquire shares of common stock in the public market or otherwise hold SAIC shares in my brokerage account, will these shares be shown in my Equity Holdings account at Computershare?
No. Your Equity Holdings account at Computershare will only reflect the shares of common stock that you acquired through SAIC's stock plans (i.e. stock options, restricted stock) and continue to hold in your Computershare account. You should refer to the statement provided by your broker for information on any common stock that you have acquired on the public market or have transferred to your brokerage account. Computershare will provide an SAIC, Inc. Common Stock Statement after a transaction which reflects changes to your Equity Holdings account.
Q-B11. Is Computershare responsible for administering the SAIC Retirement Plans?
No. Vanguard Fiduciary Trust Company provides recordkeeping and trustee services for the SAIC Retirement Plans.
Q-B12. What is the role of SAIC Stock Programs?
SAIC Stock Programs primarily provides support and interface services between Computershare Shareowner Services and the various SAIC corporate departments and subsidiaries that are affected by the outsourcing of stock plan administration and transfer agent activities. Stock Programs is also available to answer policy questions from employees and stockholders. You can reach SAIC Stock Programs, provide feedback, or report any problems you may encounter by email or the telephone numbers below.
Email:
programs_stock@saic.com
Telephone:
- 800-785-7764
- 858-826-4703 with 24-hour message line
- Hours: 8 a.m. - 5 p.m. PT, Monday - Friday (excluding holidays)
C. Account Information
Q-C1. How do I obtain my Computershare Access ID and PIN number?
If you are a newly hired employee or a rehired employee without Computershare access, Computershare will mail two letters to you within two to three business days of your start date. Rehired employees who previously had Computershare access should use their existing Access ID and PIN number and will not get new letters. We encourage you to keep this information in a safe place. If you lose this information, contact Computershare for assistance.
Q-C2. What should I do if I have not received or have misplaced my Access ID and/or PIN number from Computershare?
If you have not received or have misplaced your unique Access ID and/or your PIN number from Computershare, please contact Computershare Shareowner Services at specific telephone numbers below which are expressly for SAIC. If you have your Access ID and do not recall your PIN number, Computershare's system will prompt you with security questions which you answered when you first established your PIN number. If you want to change your Password/PIN, you can do this via the web or the IVR (Interactive Voice Response).
- 866-400-SAIC (7242) - In the U.S.
- 201-680-6625 - International
Employees who are eligible to enroll in SAIC's Employee Stock Purchase Plan (ESPP) automatically receive an Access ID and Password/PIN by mail from Computershare within approximately 10 business days of joining the company or becoming eligible for the ESPP.
Q-C3. What is the personal ID and web password?
As part of enhanced security measures that Computershare has implemented, after Nov. 7, 2010, users will be required to create a personal ID and web password to access the EquityAccess Portal. Employees' personal ID and web password are different than their Access ID and (personal identification number) PIN number and will be selected and established by the employee upon their intital login. In addition, users will be asked to choose a personal security image and caption, as well as set up security questions.
Subsequent logins will require your established personal ID and web password.
Q-C4. I am having issues logging into the EquityACcess Portal. What should I do?
There are three resources to assist you with your login issues:
- Computershare has provided a recorded presentation which provides a step-by-step guide on how to log in to the EquityAccess Portal and an overview of enhanced security measures. Users are not required to submit personal information in order to listen to this presentation. To begin the demo, click the link below and then click "Submit."
Access the Computershare EquityAccess Portal Online Demonstration - SAIC has developed a troubleshooting guide (link to new page) to assist participants with any issues they face in trying to access the Computershare EquityAccess Portal.
- Participants may also call the dedicated Computershare Shareowner Services call center for SAIC employees and stockholders at 866-400-SAIC (7242). Users that need an Access ID and would like to speak to a customer service representative (CSR) should ignore the prompts that ask for the Access ID. The system will connect them to a CSR.
Q-C5. How do I update my personal address on the Computershare system?
- Equity Holdings Application:
Current employees and non-employee stockholders will be required to change the address on their Equity Holdings account directly either via the web or by phone — using the Interactive Voice Response (IVR) or a Computershare customer service representative (CSR). If you update your address with a CSR, Computershare will utilize an authentication process when requested to change an address on any account, which will ensure that the individual requesting such change is the stockholder. This process will ask a series of questions based on information found in public databases for the stockholder. - Employee Grants and Awards and/or Employee Stock Purchase Application:
- Active employees must make their address change on SAIC's intranet, ISSAIC, by going to the "Employee Self-Service" or to "My Profile: Update My Info" link. This address change will also be provided to Computershare to update your Employee Grants and Awards and/or ESPP account. If you have a question please contact SAIC Stock Programs at 800-785-7764 or by email at programs_stock@saic.com.
- Former employees can only change their Employee Grants and Awards and/or Employee Stock Purchase address by contacting Computershare and submitting it through a customer service representative.
Q-C6. How do I change the name(s) on my account(s) at Computershare?
Changing your name due to a marriage, divorce or court order via SAIC Human Resources will not automatically change your name on your stock account with Computershare Shareowner Services. You must take the following actions to change your stock account name:
- Equity Holdings: To change the name on your Computershare Equity Holdings account which holds your fully vested shares, you must complete the SAIC Common Stock Name Change Form and send the completed form to Computershare Shareowner Services.
- Stock Option/Restricted Stock and/or ESPP account: Please call SAIC Stock Programs and you will be instructed to send an email to Stock Programs to change the name on your Stock Option/Restricted Stock and/or ESPP Account with Computershare Shareowner Services.
Q-C7. Can family members who own stock access their accounts through the EquityAccess portal?
Yes, provided that the SAIC stock is directly registered in the name of the family member. Computershare sends a unique Access ID number and PIN number to registered stockholders to provide them with online access to their stock account through Computershare Shareowner Services. Directly registered trust and custodial accounts may also be accessed online by the individual with authority to access this information.
Q-C8. If there is an account discrepancy (e.g., missing shares, incorrect transactions), should I contact SAIC or Computershare?
You should contact Computershare regarding any account discrepancies. If Computershare is unable to answer your question, you will be directed to SAIC Stock Programs for additional assistance.
Q-C9. Are beneficiary forms available on the Computershare site?
No. Beneficiary elections cannot be made for directly held stock, restricted stock or stock options. These assets are handled through individual estate planning. Beneficiary election forms are only available for SAIC retirement plans, life and AD&D (accidental death & dismemberment) insurance and deferred compensation plans.
D. MLink
Q-D1. What is MLink?
MLink is an electronic document delivery service available through the Computershare Equity Holdings application. MLink provides access to certain documents and correspondence regarding your SAIC, Inc. stock account(s) electronically rather than receiving paper copies in the mail from Computershare. After enrolling in MLink you will receive an email notification when your account statement and/or tax documents such as IRS Form 1099-B (if you sell shares through the Computershare Share Selling program) are available. Electronic documents obtained through MLink are only available for activity in the Equity Holdings application within the EquityAccess Portal.
Q-D2. What types of communications are not accessible through MLink?
Documents related to functions where Computershare serves as the Stock Plan Administrator for SAIC, such as statements or confirmations related to SAIC stock options, restricted stock awards, Employee Stock Purchase Plan enrollments and contributions and the SAIC, Inc. Employee Stock Purchase Plan Statement are not available through MLink. In addition, SAIC stockholder meeting notices and proxy statements are not distributed through MLink.
Q-D3. Does enrolling in MLink eliminate the receipt of hard copy documents via standard U.S. mail?
Yes. Once you enroll in MLink you will no longer receive hard copy statements from Computershare via standard U.S. mail. Instead, you will have access to these documents in an electronic mailbox within the Computershare web site.
It is possible that you could enroll in MLink at the same time that your documents are generated and distributed by Computershare. In this case, you would receive these documents via standard U.S. mail. However, you would also be able to access these documents via your MLink online mailbox. Future documents would be distributed solely through MLink.
Q-D4. Will I be able to receive SAIC proxies and voting materials through MLink?
No. Although the MLink enrollment pages states that enrolling in MLink means that you will receive annual meeting and proxy materials electronically, SAIC does not utilize the services of Computershare for stockholder meeting services. As such, SAIC stockholder proxies and voting materials will not be distributed through MLink.
Q-D5. Can I have MLink send statement notifications to my personal email address?
Yes. You can provide your personal email address when you enroll in MLink.
Q-D6. Who is eligible to enroll in MLink?
Stockholders who own vested shares of SAIC, Inc. common stock held in the Equity Holdings application may enroll in MLink.
Q-D7. How do I enroll in MLink?
Enrolling is easy. You can access MLink by logging into the Computershare EquityAccess Portal and selecting the Equity Holdings application.
You can follow the step-by-step instructions on how to enroll in MLink. You will need your Computershare Access ID and PIN number in order to log into your EquityAccess Portal account.
Q-D8. Do I have the option of canceling my enrollment?
Yes. You will always have the option of canceling your enrollment in MLink. For instructions on how to cancel your enrollment, please see Q-D9.
Q-D9. How do I cancel my enrollment?
You may cancel your enrollment in MLink at any time either online or with the assistance of a customer service representative.
- Online
Follow the step-by-step instructions on how to cancel your enrollment in MLink. - By Phone
Submit the cancellation over the phone via a Computershare customer service representative.
Once you have cancelled your enrollment, future communications will be delivered via standard U.S. mail. You will always have the option of re-enrolling by accessing and updating your MLink Profile.
Q-D10. How do I update my email address?
You can update your email address by updating your MLink Profile. Follow the step-by-step instructions on how to change your email address on MLink.
Q-D11. Can a customer service representative (CSR) update my email address?
No. To ensure the validity of your information and to maintain security, only you can update your email address. A CSR will only have the ability to confirm your email address or cancel your enrollment by removing your consent for future electronic delivery.
Q-D12. Can I get both electronic delivery and standard U.S. mail delivery of my documents simultaneously?
No. You may enroll in MLink or you may receive traditional printed statements and correspondence in the mail but you cannot do both.
Q-D13. Are my electronic documents any different than those delivered by standard U.S. mail?
No. Electronic versions of your materials are exactly the same as the mailed versions.
Q-D14. What format will my documents be in?
All electronic documents are published in Portable Document Format (PDF) by Adobe.
Q-D15. I don't have the Adobe Acrobat Reader. Can I still enroll?
Yes. However, Adobe Acrobat Reader software is required to view, print and/or save these materials. You may download the software online at Adobe (www.adobe.com).
Q-D16. How will I be notified that I have new shareholder communication activity?
After enrolling in MLink, you will receive an email notification confirming the availability of your stockholder documents and new activity online. Computershare will send the email through Kubra, an outside e-delivery vendor, from the following email address: mlink@bpo.kubra.com. The email will contain an embedded hyperlink that will direct you to log into your EquityAccess Portal account. When you log in, you will access your secure online mailbox by following these instructions.
Q-D17. What means will be used to notify me if email notification fails?
If Computershare is unable to deliver electronic notification regarding the availability of your documents, you will receive a notification of the failure in the standard U.S. mail with a courtesy copy of the associated document. The notification will also include the URL where you may access this same document online. You will also be asked to update your MLink Profile to ensure successful future electronic delivery.
If you fail to update your email address before new activity occurs, future notification of the electronic delivery of materials will be suppressed and a printed copy of the document will be delivered via standard U.S. mail. You will be prompted at your next login into the Equity Holdings application within the EquityAccess Portal to update your MLink Profile for future electronic delivery.
Q-D18. When are SAIC, Inc. Common Stock Statements generated?
SAIC, Inc. Common Stock Statements are generated when shares are issued or deducted from your Equity Holdings account. Shares are issued to your Equity Holdings account upon the vesting of restricted stock awards, stock option exercises and other acquisition activity. Shares are deducted from your Equity Holdings account as a result of sales processed via the Computershare Share Selling Program, stock transfers and other disposition activity.
Q-D19. Does Computershare provide stockholders quarterly or annual stock summary statements?
Annual SAIC, Inc. Common Stock Statements are generated for all stockholders at the beginning of the calendar year that summarizes all activity from the previous calendar year. However, you may request a statement that shows your directly held vested stock held in your Equity Holdings account at any time. If you are enrolled in MLink, you will have instant access to your statements. You may also call a Computershare customer service representative to request a statement by mail.
E. Stock Transfer
Q-E1. What are the transfer restrictions on the common stock?
There are no restrictions on who may receive a transfer of common stock. However, the existing, one-year holding period will still apply to all historical and future shares purchased under the ESPP. During this one-year holding period, you may not transfer or sell your shares. Also, beginning with the December 31, 2009, ESPP purchase, you will not be able to transfer your shares out of your ESPP account for 21 months after the purchase date. However, you may sell shares directly from your ESPP account after the one-year holding period even if those shares are still subject to the 21-month transfer restriction. In addition, depending on the transfer method you select, there are eligibility requirements and guidelines that will determine who can receive shares under each method. Below is a summary of the guidelines and requirements for each transfer request method for shares transferred from Computershare's Equity Holdings account to another account within Computershare.
Please see the Transfer Shares Within Computershare page for detailed instructions.
Q-E2. How do I transfer common stock to someone else?
You should determine your desired or appropriate transfer method and follow the requirements and guidelines under each transfer request method.
Please see the Stock Transfer page for detailed instructions on each transfer request method.
Q-E3. How do I transfer common stock to a charity?
You must submit the SAIC Common Stock Transfer Form to Computershare with the Charitable Organization's information with the requested number of shares for transfer.
- The transfer form will detail the required documents for the charity transfer.
- If the transferred shares are more than 250 shares, a Medallion Signature Guarantee is required for Computershare to execute the transfer request.
- If a subsequent sale of the transferred shares is desired, the charitable organization will need to submit the sale themselves, either through Computershare or arrange to have the shares transferred from Computershare to a brokerage account.
- The charitable organization will also be mailed an SAIC, Inc. Common Stock Statement within one to two business days of the transfer being completed. The account statement will NOT reflect the transferor's information/name. Therefore, you should advise the charitable organization of your transaction.
Q-E4. What is a Medallion Signature Guarantee and where do I get one?
A Medallion Signature Guarantee from a financial institution is required in order to effect a transfer of directly registered stock, such as SAIC, Inc.'s common stock. A Medallion Signature Guarantee verifies the identity of the person or entity initiating the transfer. Medallion Signature Guarantees are issued by banks, brokerage firms and other financial institutions. There is typically no cost associated with a Medallion Signature Guarantee if you are a customer of the financial institution providing the guarantee. Generally speaking, credit unions and foreign banks do not issue Medallion Signature Guarantees.
Q-E5. How do I transfer stock from my Computershare ESPP account?
ESPP shares can be transferred after the applicable 21-month transfer restriction expires and can only be initially transferred to your Computershare common stock account. If you do not have a Computershare common stock account at the time of the transfer, one will be created for you. ESPP shares can be transferred via an online submission within the Employee Stock Purchase application. Once the ESPP shares have been moved to your Computershare common stock account, you may further transfer these shares to another account or to your broker.
Q-E6. Is there a fee for stock transfers or registration name changes?
At this time there is no fee associated with a stock transfer or a change of registration name.
Q-E7. What are some of the different ways of registering ownership of SAIC stock?
There are a number of ways to register your SAIC stock. Here are several examples of some of the most commonly used stock registrations for your reference.
- Individual Registration: Example: John T. Smith. There is one individual listed on the account. This form of registration dictates that there is only one owner.
- Joint Tenant: Example: John T. Smith and Jane T. Doe JT TEN. There are two or more individuals listed on the account. This form of registration dictates that each listed holder is an equal owner on the account. In the event of the death of one of the listed holders, the securities in the account become the property of the surviving joint owner(s). Please note that the registration must read "and." The word "OR" may NOT appear in the registration.
- Trust: Example: John T. Smith and Jane T. Doe TR Smith Family Trust UA 4-3-66. All acting trustees are listed on the account, which also names the legal name and date of the Trust Agreement. This form of registration allows the appointed trustees to handle the assets. To register your shares under a Trust, you must have a legal Trust Agreement.
- Custodian (Minor): Example: John Doe Custodian for Jonathan Doe UTMA N.Y. This form of registration dictates that the securities are held by a custodian on behalf of a minor. The named custodian is given the legal authority to act on the account on behalf of the minor, until the minor reaches the age of majority. Normally, the social security number associated with the account is that of the minor.
- Estate: Example: John Smith Executor for the Jane Doe Estate. This form of registration allows the court appointed legal representative to act on the account, which is registered to the decedent's estate.
You may want to consult your tax, legal or financial advisor for the appropriate registration for you.
F. Purchase or Sale of Stock
Q-F1. How can I purchase common stock?
SAIC, Inc. common stock can be acquired in the public market or through certain employee benefit programs such as the Employee Stock Purchase Program (ESPP).
Q-F2. Can I use my existing brokerage firm to hold or sell my shares?
Yes. You will have a choice of two methods to transfer your shares to your own personal broker. Please note that only whole shares can be transferred from your SAIC Account at Computershare to a brokerage account.
In addition to the information below, you should check with your broker regarding their requirements.
Method 1: Your Broker Takes Action to Obtain Your Shares from Computershare
- Provide your broker with your Computershare common stock account key, account registration name, and Investor ID number which appear on your SAIC, Inc Common Stock Statement or online through your Equity Holdings account. Your broker will utilize the DRS Profile System to pull your shares from Computershare to your brokerage account.
Method 2: You Move Your Shares from Computershare to Your Broker
Submit the SAIC Common Stock Transfer to Broker Form to Computershare and provide your broker information such as the broker name, Depository Trust Company (DTC) number and brokerage account number. In addition, you will need to have your form Medallion Signature guaranteed by any bank, investment house or brokerage firm.
By submitting the SAIC Common Stock Transfer to Broker Form to Computershare, Computershare will set up and maintain your broker information on your SAIC, Inc. common stock account for potential future movement of shares.
On the same form, you can also request a transfer of your shares in your SAIC, Inc. common stock account (held at Computershare) to your brokerage account.
- After the SAIC Common Stock Transfer to Broker Form is processed and your broker's information has been set-up on your Computershare account; you will be able to conveniently contact a Computershare customer service representative (CSR) and request future transfers via phone to your designated brokerage account. Remember to advise your broker about the actions you have taken every time you request a transfer.
Please note: If your brokerage information is on file with Computershare via Method 2, subsequent transfers initiated by any broker via Method 1 will result in the elimination of all brokerage account information on file with Computershare. If this occurs, you will need to resubmit the SAIC Common Stock Transfer to Broker Form along with a Medallion Signature Guarantee affixed to reestablish your broker account information.
Q-F3. What is the Computershare Share Selling program?
Computershare's share selling program is operated by Computershare as a transfer agent, not a broker. The purpose of the program is solely to facilitate sales of SAIC, Inc. stock held within Computershare's Equity Holding's application and participation in the program is different than selling shares directly through a broker. In its capacity as transfer agent, Computershare will accept your sale request and act as an intermediary between you and the broker who sells the shares. Market Orders and Limit orders, where the seller sets a price for the shares to be sold, are now available through the Computershare share selling program. Selling programs are often most attractive to stockholders with small account balances who do not have their own broker. Stockholders should consider the pros and cons of selling shares through this program compared to selling shares through their own broker. For more information on this program, go to the Sell Equity Holding Shares web page.
Q-F4. What functionality is available in Employee Stock Purchase application with respect to the sale of ESPP shares?
In the Employee Stock Purchase application, you can sell your shares directly from your ESPP account. You can submit a market or limit order and you have the ability to obtain direct deposit of your sale proceeds. These functionalities only apply to shares that are held in the ESPP account.
Q-F5. Is the functionality for selling shares directly from my ESPP account available in the share selling program from my Computershare Equity Holdings account?
No. Computershare Shareowner Services performs two separate services for SAIC: stock plan administration and transfer agent services. The Equity Holdings account reflects shares held by Computershare as the transfer agent for SAIC. The ESPP account reflects shares held by Computershare as the stock plan administrator. These applications relate to completely separate lines of business at Computershare and as a result, each one has different functionalities and features. See Q-B1 for more information.
Q-F6. In the case of a financial hardship, can stockholders request to sell shares acquired through the Employee Stock Purchase Plan (ESPP) before the expiration of the one year holding period and/or 21-month transfer restriction associated with shares acquired through the ESPP?
In the event that a stockholder faces an unexpected, extreme financial emergency that cannot be addressed other than by selling shares recently acquired through the ESPP, the Company will consider requests to remove the holding period and/or 21-month transfer restriction associated with these shares. This approval will be on an exception basis only. Stockholders should contact SAIC Stock Programs for information regarding this policy.
Shares approved for removal of the holding period/transfer restriction will become available for sale using whichever method you choose. See Q-F2 and Q-F3 for more information on how to sell SAIC, Inc. common stock.
G. General Tax & Cost Basis
Q-G1. Who issues W-2s to reflect ordinary income related to SAIC option exercises, vesting of Restricted Stock Awards or ESPP Disqualifying Disposition stock transactions?
SAIC continues to issue all W-2 tax forms for employee stockholders.
Q-G2. Who issues a Form 1099-B for proceeds from stock sales?
The proceeds from stock sales will be reported on a Form 1099-B by either Computershare or your own broker, depending on who sells your shares. For sales from your Equity Holdings or ESPP account, a Form 1099-B will be generated by Computershare.
Q-G3. Will I receive a Form 1099-B if shares were liquidated for the taxes on my option exercise or restricted stock award?
SAIC's stock plan administrator, Computershare Shareowner Services, does not issue an IRS Form 1099-B for shares withheld to cover tax withholding on an option exercise or restricted stock award vesting event.
Q-G4. Does Computershare track cost basis for SAIC Stockholders?
Computershare is only required to track cost basis for certain shares acquired after Jan. 1, 2011. Certain legislation which is effective on Jan.1, 2011, requires all brokers, transfer agents and employee plan administration agents to track cost basis for certain new shares acquired after this date ("covered" shares). Previously, tracking cost-basis information was the sole responsibility of the stockholder. Beginning in 2011, this burden will be shifted from the individual to the brokers and agents for certain new stock acquisitions and will make it easier to accurately report capital gains or losses upon the sale or other disposition of shares.
Please see Cost Basis for Shares Acquired After Jan. 1, 2011, for more information.
Shares originally acquired prior to 2011 are considered "noncovered" securities and stockholders are still responsible for maintaining the cost-basis records for these shares.
Please see the Guide to Tracking Shares and Transaction Detail for more information.
The next few questions provide useful information to assist you in tracking the cost basis of shares acquired prior to Jan. 1, 2011.
Q-G5. Where can I find historical transaction information about my shares of old class A preferred stock that were converted to common stock as result of the reclassification?
Your Computershare Investor Activity Reports (IAR) that you should have received in November 2009 just before and after the Nov. 16, 2009, reclassification of SAIC's class A preferred stock into common stock will have transaction information for shares of class A preferred stock to the extent that it is available. Generally, for federal income-tax purposes, the tax basis and holding period of the directly held shares of class A preferred stock will carry over to the shares of common stock received upon the reclassification. Because tax consequences and tax reporting requirements applicable to you will depend on your particular facts and circumstances, you should consult with your own tax advisor.
Q-G6. Will I also be able to access my former class A preferred stock account history online after the reclassification?
Yes, through Dec. 31, 2010, stockholders will be able to access the transaction history and Investor Activity Reports for their former class A preferred stock accounts online via Computershare. After this date, the preferred stock account history will not be available online.
Q-G7. How can I find the adjusted acquisition cost per share for shares marked "N/A" on my Investor Activity Report (IAR)?
Stockholders may find that some transactions have an "N/A" listed under the 'Adjusted Acquisition Cost Per Share' column on their IAR. An "N/A" is displayed for shares where the adjusted acquisition cost per share could not be systematically derived when stockholder data was converted over from SAIC Stock Programs to Computershare Shareowner Services in 2006.
If you have an "N/A" listed under the 'Adjusted Acquisition Cost Per Share' column of your IAR from Computershare Shareowner Services, the acquisition cost should be available on the SAIC Stock History dated Jan. 31, 2006. If you need assistance finding information for these transactions, please contact SAIC Stock Programs at programs_stock@saic.com or via phone at 800-785-7764.
Q-G8. How can I track the transaction detail for shares of common stock acquired after the Nov. 16, 2009, reclassification and prior to Jan. 1, 2011, that are held in the Computershare common stock account?
In some cases, transaction origin and cost-basis information will not be available in the Computershare common stock account. For shares of common stock issued as a result of a stock option exercise or shares that vest from a restricted stock award, the fair market value on the date you submit your option exercise or the fair market value of the common stock on the vesting date of the restricted stock will be provided on your common stock statement. However, you are responsible for maintaining the cost basis for your shares. SAIC Stock Programs has developed a form that may help you in tracking your shares acquired after the reclassification and information to assist you in determining your cost basis.
Please see the Guide to Tracking Shares and Transaction Detail for more information.
H. Dividend
Q-H1. When will the next SAIC dividend be paid?
See Dividend Information for details including record date, payable date and amount per share. All future quarterly dividends are subject to approval by the SAIC Board of Directors.
Q-H2. What is SAIC's dividend policy?
SAIC anticipates paying cash dividends to its stockholders on a quarterly basis. In all cases, future quarterly dividends, including the amount and timing of such dividends as well as continuation of the dividends on a quarterly basis, are subject to approval of the SAIC Board of Directors. The declaration of future dividends will depend on SAIC's earnings, financial condition, capital requirements and other factors.
Q-H3. Why is SAIC paying a quarterly dividend?
The decision to pay a quarterly dividend reflects the company's confidence in its financial strength and its commitment to deploying capital to maximize stockholder value for the long term. The dividend will augment SAIC's capital deployment strategy, which will continue to include strategic acquisitions and share repurchases while retaining an attractive credit rating profile.
Q-H4. How will dividends be paid to registered stockholders?
The cash dividends will be paid to all holders of shares of SAIC, Inc. common stock, including shares held in a stockholder's name through SAIC's transfer agent, Computershare, as well as shares held through a bank or broker as of the dividend record date.
If a stockholder holds directly registered shares in Computershare's Equity Holdings account, there are three ways that they can receive the dividend:
- Check
- Direct deposit
- Dividend reinvestment
Stockholders who hold SAIC stock through a brokerage firm should contact their broker to learn how they will receive their dividend.
Q-H5. How and when will stockholders receive tax reporting information related to dividends?
Registered stockholders will receive Forms 1099-Div annually from SAIC's transfer agent, Computershare, on or prior to Jan. 31 for the preceding year payments. For additional information, registered stockholders should contact Computershare. For shares held at brokerage firms, annual tax forms will be mailed or electronically delivered to stockholders by the brokerage firm.
Q-H6. Does SAIC offer a direct deposit option for dividend payments?
Stockholders who hold directly registered shares in Computershare's Equity Holdings account will have the ability to sign up for direct deposit. If elected, dividends will be sent directly to the stockholder's designated bank account on the payment date.
The direct deposit election can only be made by accessing your account online via Computershare's Equity Access Portal. This election must be made no later than the dividend record date to ensure your election will be honored for that payment. Stockholders will need to have their bank account number and American Bankers Association number in order to set up their direct deposit.
If no direct deposit information is on file, Computershare will mail the dividend check via regular mail to the stockholder's address of record.
Q-H7. Does SAIC offer a dividend reinvestment program?
Stockholders who hold directly registered shares in Computershare's Equity Holdings account may elect to reinvest their cash dividend to acquire additional shares of SAIC common stock. The dividend reinvestment election can be submitted by accessing your account online via the Computershare Equity Access Portal or via phone by contacting Computershare. This election must be made no later than the dividend record date to be in effect when the dividend is paid.
More information regarding the Dividend Reinvestment Program is available by accessing your account on the Computershare Equity Access Portal and downloading the Dividend Reinvestment Plan Brochure.
If a stockholder is not enrolled in the Dividend Reinvestment Program and no direct deposit information is on file, Computershare will mail the dividend check via regular mail to the stockholder's address of record.
Q-H8. What if my dividend check does not arrive in a timely manner following the payment date?
Stockholders holding directly registered shares in Computershare's in Equity Holdings account who do not receive their dividend checks within approximately two weeks of the payment date, should contact SAIC's transfer agent, Computershare or access your account online. Upon authorization from the stockholder, a stop payment order will be placed against the original check and a replacement check will be issued. Once a dividend check is replaced, the original check is no longer valid and should not be cashed if received. Stockholders holding stock through a brokerage firm should contact their broker regarding the timely receipt of the dividend check.
Employee Stock Purchase Plan
Q-H9. How will dividends be paid to holders of shares purchased under the SAIC Employee Stock Purchase Plan (ESPP) that are being held in the Computershare Employee Stock Purchase Plan account?
Computershare will mail dividend checks for shares held in the Computershare ESPP account as of the dividend record date via regular mail. Direct deposit and dividend reinvestment elections are not available for shares held in an ESPP account.
SAIC Retirement Plan
Q-H10. How will dividends be paid on investments in the SAIC Stock Funds held in the SAIC Retirement Plan?
The dividend will be paid on the shares of SAIC stock held in trust in the SAIC Retirement Plan. You can elect to receive your dividends in cash or they will be reinvested in the SAIC Common Stock Fund. Call Vanguard Participant Services at 800-523-1188 for more information and the deadline to make an election. Associates are available Monday through Friday from 8:30 a.m. to 9 p.m. ET.