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When you mail in your certificate for a change of registration, always send it by registered or certified mail. You should consider insuring it for 1.5 percent of the market value with a minimum stated value of $20, which is the cost to replace the certificate if it is lost in the mail.
You should make copies of your stock certificate(s) and completed Letter of Transmittal. We recommend the use of an overnight courier service, like Federal Express, UPS or DHL, to deliver documents to Registrar and Transfer Company.
Stock ledgers require the following for every transaction: The number of company shares transferred. The amount paid for the shares. A description of the share type. The names, addresses, and contact information of each shareholder. The updated number of shares for each shareholder.
The insured amount represents the replacement cost that will be charged to you if your certificates are lost in transit to Computershare. Send your certificates to Computershare, P.O. Box 505005, Louisville, KY 40233-5005. How do I transfer my uncertificated shares?
Stocks and bonds should never be left in a folded state unless absolutely necessary.
Once complete, send the notarized certificate to the transfer agent, who will register the stock to you as owner. At that point, you can sell the stock through the transfer agent or via a stockbroker.
The process of changing stock ownership The broker will simply make the transfer on its own internal books. If you transfer shares outside your broker, you'll need a broker-to-broker transfer form, and your current broker will need instructions on how to make the transfer to the receiving broker.
To fill out a stock certificate, you fill in the name of the shareholder, the name of the corporation, the number of shares represented by the certificate, the date, and possibly an identification number. There is also a space for a corporate officer to sign on behalf of the corporation and to affix the corporate seal.