Free Computershare Transfer Request Form in PDF

Free Computershare Transfer Request Form in PDF

The Computershare Transfer Request form is a crucial document for individuals or entities looking to transfer ownership of their shares. It outlines specific information on the current account holder, the receiving account, and the reason for the transfer, requiring careful completion to ensure accuracy. To smoothly navigate the transfer of your shares, click the button below to fill out the form.

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In the intricate world of securities and investments, the transfer of stock is a procedure that requires precision, clarity, and strict adherence to legal and regulatory requirements. The Computershare Transfer Request form serves as a critical tool in this process, bridging the gap between current account holders wishing to transfer shares and the new intended recipients. At its core, the form is meticulously designed to capture essential details such as the names and addresses of the current account holder(s), the type of account from which shares are being transferred (e.g., non-custodial or custodial registrations), and comprehensive instructions for the transfer. Further complexity is added as the form delves into more specific realms, asking for tax identification numbers, company names associated with the shares, and details regarding the cost basis and reason for the transfer, thereby touching upon possible tax implications. The precision of the form extends to mandating clear indications of how the shares are to be transferred, whether in full or in part, and requires authorized signatures complete with Medallion Guarantee stamps — a security measure to prevent unauthorized transactions. The transition from one ownership to another culminates in providing details for the new account type, involving a similar depth of information to ensure seamless and accurate transfer. This form, thus, symbolizes a significant step in the lifecycle of stock ownership, necessitating a nuanced understanding for all parties involved.

Preview - Computershare Transfer Request Form

.Reset Form

Name of Current Account Holder

Joint Tenant

Address

City, State, Zip

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Computershare

PO Box 505013

Louisville, KY 40233-5013

www.computershare.com/investor

Current Holder Account Number

Company Name

Transfer Request

PLEASE PRINT CLEARLY

1. CURRENT ACCOUNT TYPE (account you are transferring shares out of)

Non-Custodial Registrations - complete section 2 below

OR

Custodial Registrations - Custodian to complete section 3 (reverse page)

2. NON-CUSTODIAL REGISTRATIONS

Current Holder Information (as it appears on your account statement)

Current Tax ID / SSN on Account (do not use hyphens)Telephone Number (do not use hyphens)

Name(s) / Registration on Current Account (include ALL names/entities listed on account)

Current Street Address

City

Apt. / Unit Number

State

Zip Code

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3.CUSTODIAL REGISTRATIONS Current Custodian Information

The Custodian registered to the current account (that you are transferring shares out of) must provide and/or verify the following information:

Name of Custodian

Name(s) / Registration on Current Account (include ALL names/entities listed on account)

Current Street Address

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apt. / Unit Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

Custodian Account Number/Investor ID at Custodian

 

Custodian Taxpayer ID Number (do not use hyphens)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State

Zip Code

Custodian Telephone Number (do not use hyphens)

 

 

 

Ext.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4. COST BASIS/REASON FOR TRANSFER

Please check off the applicable purpose of the transfer for shares acquired after 12/31/10. If this section is not fully completed, all transfers will be treated as Gifts, unless we receive documentation that this is a decedent transfer (i.e. Affidavit of Domicile) in which case the transfer will be treated as an inheritance. We recommend that you consult with your tax advisor regarding the tax implications for each type of transfer. Please check ONLY ONE box. If you check more than one box your transfer will be treated as if you had not made any selection.

Private Sale

 

Date of Sale:

(If Private Sale)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost Per Share:

 

 

 

 

 

 

 

 

 

 

.

 

 

 

 

US Dollars

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gift

 

Date of Gift:

Inheritance

Date of Death:

(If blank we will default to the effective date of the transfer.)

No Change of Ownership (please specify)

(If Inheritance) Value Per Share:

.

US Dollars

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5. SHARE TRANSFER

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A. Transfer All Securities

OR

B. Transfer Shares As Instructed Below

If box B is checked, complete the Security Description/Share Type details below.

Security Description / Share Type (ex: Common, Preferred, etc)

Transfer All

Enter number of whole and / or fractional shares to transfer, if applicable

or

or

or

or

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.

.

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6. AUTHORIZED SIGNATURES

The undersigned does (do) hereby irrevocably constitute and appoint Computershare as attorney to transfer the said stock, as the case may be, on the books of said Company, with full power of substitution in the premises.

The signature(s) below on this Transfer Request form must correspond exactly with the name(s) as shown upon the face of the stock certificate or a Computershare-issued statement for book-entry shares, without alteration or enlargement or any change whatever. The below must be signed by all current registered holders, or a legally authorized representative with indication of his or her capacity next to the signature.

NOTE: Signature(s) must be stamped with a Medallion Signature Guarantee by a qualified financial institution, such as a commercial bank, savings bank, savings and loan, US stockbroker and security dealer, or credit union, that is participating in an approved Medallion Signature Guarantee Program (A NOTARY SEAL IS NOT ACCEPTABLE).

Required ►Medallion Guarantee Stamp

All Current Holder(s) or Legal Rep(s) (Notary Seal Is Not Acceptable)

Date (mm / dd / yyyy)

Signature of all Current Holders or Legal Representative(s)

Required ►Medallion Guarantee Stamp

Current Custodian (Notary Seal Is Not Acceptable)

Required ►Medallion Guarantee Stamp

All Current Holder(s) or Legal Rep(s) - Continued (Notary Seal Is Not Acceptable)

Date (mm / dd / yyyy)

Signature of Current Custodian

Date (mm / dd / yyyy)

Signature of Additional Current Holder(s) or Legal Representative(s)

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7. NEW ACCOUNT TYPE (account you are transferring shares to)

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Non-Custodial Registrations - complete section 8 OR

 

Custodial Registrations - Custodian to complete section 9 (reverse page)

 

 

 

 

 

 

 

 

8.New Account Type (account you are transferring shares to): Non-Custodial Registration A. New Non-Custodial Registration Type

Individual

Joint Tenants with Right of Survivorship

Community Property

Tenants in Common

Corporation

Custodial for Minors Act – State of:

B. New Holder Information

New Holder’s Existing Account Number (if applicable)

Name of Individual / Entity / Trustee / Executor / Other

Estate – Include Executor Name, Provide Estate EIN on Form W-9

Qualified Pension Plan (Non-custodial)

Trust – Include Trustee Names, Trust Name, and Trust

Agreement Date below.

Transfer on Death (“TOD”) – Note: Only 1 TOD beneficiary may be registered per account. List the TOD beneficiary name below.

Other (Specify)

Name of Joint Holder / Minor / Co-Trustee / TOD Beneficiary / Other (if applicable)

Trust / Estate Name (if applicable)

Trust / Estate Name - continued

Current Street Address

City

E-mail Address

Trust Agreement Date (mm / dd / yyyy) (if applicable)

Apt. / Unit Number

State

Zip Code

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9.New Account Type (account you are transferring shares to): Custodial Registrations A. New Custodial Registration Type

Traditional IRA

Roth IRA

KEOGH Plan

B. New Custodial Information

Simplified Employee Pension/Trust (SEP)

Pension/Profit Sharing Plan

Other (Specify)

Name of Custodian

Beneficial Holder for New Account (include ALL names/entities listed on account)

Current Street Address

 

Apt. / Unit Number

City

State

Zip Code

Custodian E-mail Address

 

 

Custodian Account Number / Investor ID at Custodian

 

 

Custodian Telephone Number (do not use hyphens)

 

 

 

Ext.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature of New Custodian

NOTE: Signature(s) must be stamped with a Medallion Signature Guarantee by a qualified financial institution, such as a commercial bank, savings bank, savings and loan, US stockbroker and security dealer, or credit union, that is participating in an approved Medallion Signature Guarantee Program (A NOTARY SEAL IS NOT ACCEPTABLE).

Required ►Medallion Guarantee Stamp

New Custodian (Notary Seal Is Not Acceptable)

Date (mm / dd / yyyy)

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10. Distribution for new account

Bank Routing Number – this is a nine-digit number.

 

Bank Account Number – account numbers vary in length and must not include check numbers.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DO NOT USE YOUR CREDIT CARD NUMBER. If you are unsure of your Bank Routing Number or Bank Account Number, please check with your financial institution. Please DO NOT provide a check number in the fields above. This is commonly listed with your Account and Bank Routing Numbers on your check.

Checking Account

Savings Account

Name(s) that appear on the account at your financial institution

Name of Financial Institution

I/We hereby authorize Computershare as disbursing agent for the payer, to initiate credit entries to my (our) account; or if necessary debit entries or adjustments for any credit entries in error. This authority is to remain in effect until my (our) written authorization to terminate electronic funds transfer is received in time to afford Computershare reasonable opportunity to act on it or until this service is terminated by the payer or Computershare. All registered holders as well as all individuals listed on the financial account must sign below.

Signature 1 - Please keep signature within the box.

 

 

Signature 2 - Please keep signature within the box.

 

 

Date (mm / dd / yyyy)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Telephone Number (do not use hyphens)

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11.FINANCIAL ADVISOR / FINANCIAL INSTITUTION INFORMATION

A. Financial Advisor Information

Financial Advisor Name

Financial Advisor CRD Number

 

Telephone Number (do not use hyphens)

 

 

 

 

 

 

 

Ext.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Advisor E-mail Address

Financial Advisor Street Address/PO Box

City

B. Financial Institution Information

Financial Institution Name

State

Zip Code

Financial Institution CRD Number

 

Telephone Number (do not use hyphens)

 

 

 

 

 

 

 

Ext.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Institution Street Address/PO Box

City

State

Zip Code

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12.Form W-9

A.Taxpayer Identification Number (TIN)

Enter the TIN for the new Holder or new Custodian in the appropriate box. For individuals, this is your Social Security number (SSN).

For other entities, it is your Employer Identification Number (EIN). For joint tenant accounts, the TIN provided must belong to the first owner on the registration to avoid backup withholding. COMPLETE ONLY ONE BOX.

Social Security Number (do not use hyphens)

Employer Identification Number (do not use hyphens)

OR

B. Federal Tax Classification

Check appropriate box (required); check only ONE of the following boxes:

Individual / Sole

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trust /

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Proprietor or Single-

 

 

 

C Corporation

 

 

 

S Corporation

 

 

 

Partnership

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estate

Member LLC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note: For a single-member LLC that is disregarded, check the appropriate box above for the tax classification of the single-member owner.

C. Exempt Payee Code (if any)

If you are exempt from backup withholding, enter in the Exemptions box, any code that may apply to you.

See Exempt payee codes on the back of this form.

Limited Liability Company

or

Other Classification

If you are an LLC or Other Classification, do not complete this form. You must complete an IRS Form W-9. This form can be found on the IRS website at www.irs.gov. See “Limited Liability Company or Other Classification” on the back of this form for more information.

Exemption from FATCA reporting code (if any)

Not Applicable

(Applies to accounts maintained outside the U.S.)

D. Certification

Under penalties of perjury, I certify that:

1.The number shown on this form is my correct Taxpayer Identification Number, and

2.I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding, and

3.I am a U.S. citizen or other U.S. person (defined on reverse).

4.The FATCA code(s) entered on this form (if any) indicating that I am exempt from FATCA reporting is correct (defined on reverse).

Certification Instructions. You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return.

This form must be signed and dated for us to accept as proper certification. Send form to Computershare. Do not send to the IRS.

Signature - Please keep signature within the box.

 

 

Date (mm / dd / yyyy)

 

 

 

 

 

 

 

Telephone Number (do not use hyphens)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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How to complete this form

Backup Withholding

The Internal Revenue Service (IRS) requires us to withhold taxes for the applicable rate of backup withholding for U.S. persons without a W-9 tax certification who are not otherwise exempt. Parties acting as disbursement agents, such as Computershare, must withhold and pay to the IRS the applicable tax rate of such payments under certain conditions. This is called “backup withholding.” Payments that may be subject to backup withholding include interest, dividends, broker and barter exchange transactions, and royalties. Supplying us with your correct Taxpayer Identification Number (TIN), and signing this form will generally allow you to receive your payments without being subject to backup withholding. Failure to supply your TIN, or supplying us with an incorrect TIN, could result in a $50.00 penalty being assessed by the IRS.

Receipt of a completed Form W-9 will discontinue backup withholding unless otherwise required.

What Name and Number To Give the Requester

 

For this type of account:

Give name and SSN of:

1.

Individual

The individual

2.

Two or more individuals (joint account)

The actual owner of the account or, if

 

 

combined funds, the first individual on

 

 

the account

3.

Custodian account of a minor

The minor

 

(Uniform Gift to Minors Act)

 

4.

a. The usual revocable savings

The grantor-trustee

 

trust (grantor is also trustee)

The actual owner

 

b. So-called trust account that is

 

not a legal or valid trust under state

 

 

law

 

5.

Sole proprietorship or disregarded

The owner

 

entity owned by an individual

 

6.

Grantor trust filing under Optional

The grantor

 

Form 1099 Filing Method 1

 

 

(see Regulation section

 

 

1.671-4(b)(2)(i)(A))

 

 

For this type of account:

Give name and EIN of:

7.

Disregarded entity not owned by an

The owner

 

individual

 

8.

A valid trust, estate, or pension trust

Legal entity

9.

Corporation or LLC electing

The corporation

 

corporate status on Form 8832 or

 

 

Form 2553

 

10.

Association, club, religious,

The organization

 

charitable, educational, or other tax-

 

 

exempt organization

 

11.

Partnership or multi-member LLC

The partnership

12.

A broker or registered nominee

The broker or nominee

13.

Account with the Department of

The public entity

 

Agriculture in the name of a public

 

 

entity (such as a state or local

 

 

government, school district, or

 

 

prison) that receives agricultural

 

 

program payments

 

14.

Grantor trust filing under the Form

The trust

 

1041 Filing Method or the Optional

 

 

Form 1099 Filing Method 2 (see

 

 

Regulation section

 

 

1.671-4(b)(2)(i)(B))

 

Exempt payee code. Generally, individuals (including sole proprietors) are not exempt from backup withholding. Corporations are exempt from backup withholding for certain payments, such as interest and dividends. Corporations are not exempt from backup withholding for payments made in settlement of payment card or third party network transactions.

Note. If you are exempt from backup withholding, you should still complete this form to avoid possible erroneous backup withholding.

The following codes identify payees that are exempt from backup withholding:

1 -- An organization exempt from tax under section 501(a), any IRA, or a custodial account under section 403(b)(7) if the account satisfies the requirements of section 401(f)(2)

2 -- The United States or any of its agencies or instrumentalities

3 -- A state, the District of Columbia, a U.S. commonwealth or possession, or any of their political subdivisions or instrumentalities

4 -- A foreign government or any of its political subdivisions, agencies, or instrumentalities 5 -- A corporation

6 -- A dealer in securities or commodities required to register in the United States, the District of Columbia, or a possession of the United States

7 -- A futures commission merchant registered with the Commodity Futures Trading Commission 8 -- A real estate investment trust

9 -- An entity registered at all times during the tax year under the Investment Company Act of 1940 10 -- A common trust fund operated by a bank under section 584(a)

11 -- A financial institution

12 -- A middleman known in the investment community as a nominee or custodian 13 -- A trust exempt from tax under section 664 or described in section 4947

Limited Liability Company or Other Classification

If you are a Limited Liability Company or Other entity, complete an IRS Form W-9 found on the IRS website www.irs.gov. Be sure to include the information required in the IRS instructions for a Limited Liability Company (LLC) or for Other entities on page 2. Return the completed form to the address below.

Definition of a U.S. Person. For federal tax purposes, you are considered a U.S. person if you are:

An individual who is a U.S. citizen or U.S. resident alien,

A partnership, corporation, company, or association created or organized in the United States or under the laws of the United States,

An estate (other than a foreign estate), or

A domestic trust (as defined in Regulations Section 301.7701-7).

Exemption from FATCA reporting: If you are submitting this form for an account that is maintained in the United States, you are exempt from FATCA reporting.

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Document Specs

Fact Name Description
Form Purpose The Computershare Transfer Request form is used to facilitate the transfer of shares from one account holder to another.
Sections for Account Types It distinguishes between Non-Custodial and Custodial Registrations, requiring different sections to be completed based on the account type.
Cost Basis / Reason for Transfer The form requires the transferor to indicate the reason for transfer, such as private sale, gift, inheritance, or no change of ownership, with specific tax implications for each.
Medallion Signature Guarantee Signatures on the form must be validated with a Medallion Signature Guarantee from a qualified financial institution, explicitly stating that notary seals are not acceptable.
New Account Type Options For transfers to new accounts, options include various non-custodial registrations like individual, joint tenants, and trusts, as well as custodial registrations like IRAs and KEOGH Plans.
Governing Law The form is governed by the laws of the United States, with the Computershare office handling the transfer located in Louisville, KY.

Instructions on Writing Computershare Transfer Request

Completing a Computershare Transfer Request form is a crucial step in transferring securities between accounts. This process is made simpler by following clearly defined steps, ensuring all required information is accurately provided. Whether transferring as a gift, sale, or inheritance, the form requires precision in execution. After submission, Computershare will process your request, facilitating the transfer of securities according to the provided instructions. It's essential to consult with a tax advisor to understand the implications of your transfer, as different types of transfers may carry distinct tax consequences.

  1. Begin by identifying the type of account you are transferring securities out of: Non-Custodial or Custodial Registration. Select the appropriate section to complete based on this.
  2. If you have a Non-Custodial Registration, fill out the Current Holder Information section. Include the current account holder’s name as it appears on their statement, their tax ID (without hyphens), telephone number, address, and any apartment or unit number.
  3. For Custodial Registrations, the custodian registered to the current account must fill out the Current Custodian Information with their details, including name, address, custodian taxpayer ID (without hyphens), telephone number, and the custodian account number or investor ID.
  4. In the COST BASIS/REASON FOR TRANSFER section, select the purpose of the transfer. Only check one box. If transferring for a private sale, provide the sale date and cost per share. For a gift, specify the date of the gift. In case of inheritance, note the date of death and, if applicable, the value per share. If no change of ownership is happening, specify the reason.
  5. Under the SHARE TRANSFER section, choose whether to transfer all securities or specific shares. If selecting specific shares, detail the security description or share type, and enter the number of whole or fractional shares to be transferred.
  6. All current registered holders or a legally authorized representative must sign the form. Ensure signatures are accompanied by a Medallion Guarantee Stamp. This is crucial as a notary seal is not acceptable.
  7. Decide on the New Account Type the shares are being transferred to. This could be another Non-Custodial Registration or a Custodial Registration. Fill out the relevant section with the new account details, including registration type, holder information, and address.
  8. If creating a new Custodial Registration, include the new custodial registration type, the custodian's information, and ensure the new custodian signs the form with a Medallion Guarantee Stamp.

After completing these steps, review the form for accuracy and completeness. Once you're confident everything is correct, send the form to the address provided. Remember, accuracy in filling out this form is paramount to ensuring a smooth transfer process. Computershare will handle the rest, transferring your securities as specified.

Understanding Computershare Transfer Request

What is a Computershare Transfer Request form?

A Computershare Transfer Request form is a document that shareholders use to transfer their shares from one account to another. This could be due to changing the type of registration, selling shares, transferring as a gift, or in the event of an owner's death. The form lays out all necessary details needed for the transfer, including account information for both the current and new holder, details of the shares to be transferred, reasons for the transfer, and it requires authorized signatures with a Medallion Guarantee Stamp.

How do I fill out the section on the reason for transfer?

In the section labeled "COST BASIS/REASON FOR TRANSFER," you must select the reason behind your share transfer. Options include a private sale, gift, inheritance, or no change of ownership. For private sales and inheritances, you should provide the sale price or value per share and, if applicable, the date of sale or death. Choose only one option to ensure the transfer is processed correctly based on your specific circumstances. It's recommended to consult with a tax advisor to understand any tax implications.

What is a Medallion Signature Guarantee and why do I need it?

A Medallion Signature Guarantee is a stamp that certifies the authenticity of your signature, providing an extra layer of security for the transfer of securities. It's required on the Computershare Transfer Request form to protect against fraudulent transfers. You can obtain a Medallion Signature Guarantee from an eligible financial institution, such as a bank, credit union, or broker that participates in an approved guarantee program. Unlike a notary seal, it specifically guarantees the signature in financial transactions involving securities.

Can I transfer only some of my shares, or do I have to transfer all of them?

You have the option to transfer all or a specific number of shares. In the SHARE TRANSFER section of the form, you can select either to transfer all securities or to transfer a specified number of shares. If choosing to transfer only some shares, you must clearly state the exact number, including any fractional shares, and provide a detailed description of the security type, such as common or preferred stocks. This flexibility allows you to retain a portion of your shares if desired, or transfer the entire holding to a new account.

Common mistakes

Filling out the Computershare Transfer Request form is a critical step in the management of your securities, but it's easy to make mistakes if you're not careful. One common error occurs when individuals do not clearly print their information, as requested on the form. This can lead to misunderstandings or the rejection of the transfer request, as Computershare needs to be able to accurately identify the account and shares in question.

Another mistake involves the current account type section. Owners often overlook specifying the correct account type they are transferring shares out of, such as non-custodial or custodial registrations. This distinction is crucial for Computershare to process the transfer accurately, as the subsequent sections to be filled out differ based on the account type.

Misidentifying or omitting the tax ID or Social Security Number (SSN) on the account is another frequent error. Without the correct identification numbers—entered without hyphens, as the form specifies—there can be delays or issues in validating the ownership of the account and processing the transfer request.

Also, when detailing the purpose of the transfer under 'Cost Basis/Reason for Transfer,' individuals often check more than one box or fail to complete this section entirely. This omission can lead to Computershare defaulting the transfer as a gift or requiring additional documentation to verify another reason, such as an inheritance, affecting the tax implications of the transfer.

Choosing between transferring all securities or specifying shares and failing to accurately complete the necessary details is a mistake that can significantly impact the transfer. If opting to transfer specific shares, one must precisely fill in the security description/share type and the exact number of shares, including fractional shares if applicable.

A crucial step that is frequently mishandled is the need for a Medallion Signature Guarantee for all signatures. This stamp validates the identity of the signatories and protects against fraud. Unfortunately, some individuals only provide a regular signature or use a notary seal, which is not acceptable and will cause the request to be rejected.

Lastly, not appropriately specifying the new account type or providing incomplete information about the new account can derail the entire transfer process. Whether transferring to another non-custodial account or a custodial registration, the form necessitates detailed information about the new account to ensure a seamless transition of securities.

By paying close attention to these common mistakes and taking care to accurately and fully complete the Computershare Transfer Request form, individuals can avoid delays and ensure their securities are correctly and efficiently transferred.

Documents used along the form

When dealing with the process of transferring securities, the Computershare Transfer Request form represents just one part of the necessary documentation. To successfully complete transfers, especially those involving complex situations or significant amounts of assets, several other forms and documents may be required to ensure compliance with regulations and to facilitate a smooth transition. Understanding these additional documents can help prepare participants for the process and avoid potential delays or issues.

  • Stock Power Form: This document accompanies securities that are being transferred but for which the original certificate is not available. It grants the transfer agent the authority to change the ownership of the stocks from the seller to the buyer.
  • Medallion Signature Guarantee: While technically a certification rather than a form, a Medallion Signature Guarantee is often required to validate the identity of the individual initiating the transfer. This stamp ensures that the signature is genuine and protects against unauthorized transactions.
  • Letter of Authorization (LOA): An LOA is used to formally request the transfer of assets between accounts, particularly when moving funds from one brokerage or bank to another. It must be signed by the account holder, authorizing the transfer.
  • IRS Form W-9: This form is requested to provide the taxpayer identification number (TIN) of the recipient of the transfer. It helps in the accurate reporting of tax information to the Internal Revenue Service.
  • Death Certificate: In the event of transferring securities due to inheritance, a certified copy of the death certificate of the deceased will be required to prove the transferor’s right to inherit the securities.
  • Affidavit of Domicile: This legal document is used to confirm the residence of a deceased individual at the time of death. It is often required in estate settlements to establish jurisdiction for tax purposes.

Ensuring that all necessary documentation is prepared and correctly completed is crucial to the seamless execution of a transfer request. Whether transferring ownership due to a sale, as a gift, or through inheritance, the above documents often play a critical role alongside the Computershare Transfer Request form in establishing the legitimacy and intent behind the transfer. As with any legal or financial transaction, seeking professional advice can provide further clarification specific to an individual's situation.

Similar forms

The Computershare Transfer Request form shares similarities with a traditional Stock Power Form, often used for the transfer of ownership of stock from a seller to a buyer, akin to the manner in which this form functions for transfers within Computershare's management framework. The Stock Power Form requires detailed information about the stock being transferred, the current owner's details, and the recipient's information, paralleling the detailed holder information, transfer instructions, and new account type sections found in the Computershare form. Both documents necessitate signatures under a Medallion Guarantee Stamp to finalize the transfer, underscoring their function in ensuring the secure and official transfer of stock ownership.

Similarly, the Uniform Transfers to Minors Act (UTMA) Custodial Account Registration forms bear resemblance, particularly in their ability to change account registrations to or from custodial registrations. The UTMA forms are specifically designed to establish a custodial account for a minor, a feature that is optionally accessible through the Computershare form when designating accounts for minors under custodial registrations. Both set of forms gather detailed information about the custodian and the minor beneficiary, underlining the importance of precise and secure record-keeping when managing financial assets on behalf of minors.

Real Estate Deed Transfer forms are another example, as they facilitate the conveyance of property rights from one party to another. Just like the Computershare Transfer Request, which manages the transfer of stock ownership, real estate transfer forms encompass detailed information about the grantor (current owner), grantee (new owner), and the property in question. Both necessitate legal signatures and sometimes notarization or an equivalent authentication (e.g., Medallion Signature Guarantee for stock transfers) to effectuate the transfer. This parallel illustrates the critical role such forms play in the lawful transfer of valuable assets.

Lastly, the similarities between the Computershare Transfer Request form and Beneficiary Designation forms used by retirement or investment accounts are evident. Both types of documents are instrumental in directing the transfer of assets, albeit in different contexts. Beneficiary Designation forms are crucial for indicating who will receive the assets of an account upon the account holder's death, closely mirroring the Computershare form's functionality to change ownership or incorporate a Transfer on Death (TOD) designation. Effective documentation is key in both scenarios, ensuring that the assets are transferred according to the account holder's wishes with legally binding directives.

Dos and Don'ts

When filling out the Computershare Transfer Request form, it's important to keep certain dos and don'ts in mind to ensure a smooth and error-free submission process. Here are nine key points to consider:

  • Do print clearly in all sections of the form to prevent any misunderstandings or processing delays.
  • Do not use hyphens when entering your Tax ID/SSN and telephone number as this can lead to processing errors.
  • Do ensure all names and entities listed on your current account match exactly with the information provided on the transfer request to avoid discrepancies.
  • Do not check more than one box in the COST BASIS/REASON FOR TRANSFER section. Selecting multiple options will result in your choice being disregarded, and your transfer may not be processed as intended.
  • Do consult a tax advisor for advice on the tax implications of your transfer, especially when selecting the reason for your transfer.
  • Do not forget to indicate the exact amount of shares you're transferring, whether all or a specific number. Accuracy here is crucial.
  • Do ensure that all current holders or legally authorized representatives sign the form where indicated, and that all signatures are accompanied by a Medallion Guarantee Stamp. Remember, a notary seal is not acceptable.
  • Do not overlook the need for a Medallion Signature Guarantee. This stamp is a key security requirement and is different from a notary stamp.
  • Do carefully review all the information on the form before submitting to minimize the risk of delays or rejections due to inaccuracies.

By following these guidelines, you can help ensure that your transfer request is processed efficiently and without unnecessary complications.

Misconceptions

Understanding the Computershare Transfer Request form can be cumbersome, leading to various misconceptions. Correcting these misconceptions is fundamental for a smooth process in transferring securities. Below are eight common misunderstandings and their clarifications.

  • The Need for a Notary Seal: A prevalent misconception is that a notary seal is sufficient for the authorization of the transfer request. In truth, the form explicitly requires a Medallion Signature Guarantee, which is different from a notary seal and can only be provided by certain financial institutions participating in the Medallion program.
  • Completing Both Sections for Custodial and Non-Custodial Registrations: Some believe they must complete sections for both custodial and non-custodial registrations. However, only the section relevant to the current account holder’s registration type should be completed, ensuring the process is tailored to the specific account.
  • Account Holder Names Must Match Exactly: It is often misunderstood that slight discrepancies in the account holder name(s) as they appear on the form compared to official documents might be inconsequential. This is incorrect. The name(s) must match exactly with those on the stock certificate or Computershare-issued statement for book-entry shares. This precision avoids potential delays or rejections of the transfer request.
  • Cost Basis Section is Optional: Some think the cost basis/reason for transfer section is optional. This section is crucial when transferring shares acquired after 12/31/10, as it can affect tax implications. Ignoring this section may result in all transfers being treated as gifts, which may not align with the holder’s intention.
  • High Precision in the Shares to Transfer is Not Necessary: There’s a misconception that when specifying shares to transfer, approximate numbers are sufficient. Accuracy is paramount, however, especially if only a portion of shares is being transferred. Ensuring precise numbers prevents misunderstanding and potential processing delays.
  • All Current Holders Must Sign: A common mistake is assuming that if one holder signs, it is enough, especially for accounts with joint tenants. Each current holder listed on the account must sign the form, validating the request collectively to honor the agreement of all parties involved.
  • Private Sale Details Are Optional: When a transfer occurs due to a private sale, providing details such as date of sale and cost per share is mistakenly thought to be optional. These details are critical for accurately documenting the transfer and for Computershare to process the transaction appropriately.
  • Any Financial Institution Can Provide a Medallion Signature Guarantee: The belief that any financial institution can provide a Medallion Signature Guarantee is incorrect. Only those participating in the approved Medallion programs can issue such a guarantee. This distinction ensures the authenticity and security of the transfer.

By addressing these misconceptions, individuals can navigate the Computershare Transfer Request form with more accuracy and confidence, ensuring a smoother transaction process.

Key takeaways

When dealing with the Computershare Transfer Request form, it's important to ensure all information is accurate and complete to facilitate a smooth transfer of shares. Here are key takeaways to guide you through the process:

  • Ensure that the current holder's information, including name(s), address, and tax ID/SSN, matches the details on your account statement to avoid any discrepancies.
  • For custodial registrations, it's the custodian's responsibility to fill out and verify the current custodian information section, including their name, address, and custodian taxpayer ID number.
  • When indicating the reason for the transfer, be precise. If you're transferring as a gift, sale, or inheritance, the tax implications may differ, and it’s advisable to consult with a tax advisor.
  • If the transfer is a sale or a gift, remember to fill in the respective date and value per share or cost per share accurately to ensure proper tax treatment.
  • When choosing between transferring all securities or specifying certain shares, be clear and precise about your instructions to ensure the correct execution of your request.
  • All current registered holders or legally authorized representatives must sign the form, and these signatures need to match exactly with the names as shown on the stock certificate or book-entry shares.
  • It's crucial to get a Medallion Signature Guarantee for all signatures from a qualified financial institution; a notary seal is not acceptable and won't be recognized for this purpose.
  • For those transferring to a new account, specify the type of account and provide complete new holder information, including any applicable estate EIN or trust agreement date, to ensure the shares are accurately transferred.
  • Be aware that when transferring to custodial registrations for retirement accounts, specific types like Traditional IRA, Roth IRA, or KEOGH Plan must be correctly identified, and the new custodian information must be fully detailed.
  • Lastly, safety and accuracy are paramount. Double-checking all entered information for completeness and correctness before submitting the form can prevent costly and time-consuming corrections later.

In sum, the transfer of shares through the Computershare Transfer Request form requires careful attention to detail, from accurately entering personal information to understanding the tax implications of the transfer. By following these guidelines, you can help ensure a successful transfer process.

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