How did my Equity Holdings account at BNY Mellon change as a result of the merger?
A. In November 2006, BNY Mellon sent an Investor Activity Report (IAR) to every holder of vested Class A Preferred stock. This IAR reflected the split adjusted number of shares of Class A Preferred Stock resulting from the merger, the closing price for Common Stock from the prior day, and details on how many shares were associated with each transfer restriction and when the restriction expires. For every original receipt record and acquisition detail shown in your Equity Holdings account prior to the merger, an additional receipt record and acquisition detail is now provided to reflect the additional shares. These additional acquisitions are coded “Stock Dividend/Split,” with a suffix such as “SPLT” or “SSPP.
Related Questions
- Why are some ESPP shares being moved out of the Equity Holdings account to the stockholders ESPP account after the reclassification?
- How will my new directly held common stock appear within the BNY Mellon Equity Holdings application after the reclassification?
- How did my Equity Holdings account at BNY Mellon change as a result of the merger?
