I had a couple of mergers last year (Visio merged with Microsoft, Homegrocer merged with Webvan).I purchased 25 shares of Visio on 3/24/99 (total came out to $671.10). The stock was converted to Microsoft on 1/11/00 (11.25 shares).I purchased 50 shares of Homegrocer on 5/15/00 (total came out to $304.85). The stock was converted to Webvan on 9/7/00 (53.8025 shares).For the fractional share of Microsoft, I came up with:$671.10-------- = $59.65 per share basis in new stock 11.25$59.65 X 11 = $656.19$671.10 - $656.19 = $14.91For Webvan:$304.85------- = $5.67 per share basis53.8025$5.67 X 53 = $300.30$304.85 - $300.30 = $4.55Are these calculations correct?Also, the 1099-B statement listed the gross proceeds for Microsoft as $26.48 and Webvan as $3.18. Would I use these to determine what goes on schedule D? If so, how?-- LB
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra