TRANSFER DOCUMENTS
• Stock Power
• Corporate Resolution Authorizing Signatory
• Transfer Letter
• Application for Lost Instrument Bond
• Change of Address Notification
• SEC Release Rule 144 and 145 February 15-2008
Required Documents for Stock Transfer
TRANSFER OF TITLE
• Original Certificate
• Original Stock Power* with Medallion Guaranteed Signature
• Instructions for Transfer
• Names Addresses, and Social Security Numbers of each new Shareholder
• Mailing Instructions
• Applicable Fees
DENOMINATION CHANGE
(no transfer of title)
• Original Certificate
• Instructions for Transfer
• Mailing Instructions
• Applicable Fees
RESTRICTED SECURITES
(Non-Insiders)
144a LEGEND REMOVAL
(Held at least one year, less than two years)
*Must be received through broker*
• Original Certificate
• Original Stock Power* with Medallion Guaranteed Signature
• Form 144
• Opinion Letter from SEC Legal Counsel
• Seller's Representation Letter
• Broker's Representation Letter
• Instruction for transfer
• Company Approval if Applicable
• Mailing Instructions
• Applicable Fees
144k LEGEND REMOVAL (Held at least two years)
• Original Certificate
• Legal Opinion of Original Issue Date cannot be established by Certificate
• Instructions for legend removal
• Company Approval if Applicable
• Mailing Instructions
• Applicable Fees
REPLACEMENT OF LOST CERTIFICATE
You may either obtain your own surety bond to replace a lost stock certificate, or you may apply to use our surety bond. If using our bond, please follow the below instructions:
If the shares are worth less than $50,000
• Travelers Application for lost instrument bond with original signatures and notarized
• Premium as the date it was reported lost (2.5% of the value of stock for domestic holders, 4.5% for foreign holders)
• Minimum premium is $75
If shares are worth more than $50,000 the shareholder needs to send two Travelers Applications signed and notarized to Travelers Casualty
For Mail Losses, the Chubb document needs to be filled out. For shareholder replacements - when they received the stock, but can't find it, the Travelers LIB Application.
* In addition to a Stock Power, a Corporate Resolution authorizing a Signatory is required for Corporate Shareholders.
* A Stock Power with Medallion Guaranteed Signature may be used in lieu of a Medallion Guaranteed Signature on the back of the Original Certificate. |
