Changing shares from one holding to another is simple and easy to do! Just follow the steps listed below:
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Navigate to the profile of the entity whose shares you're wanting to transfer
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Navigate to the Securities > Ownership section down the left-hand side of the screen
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In the Holdings tab, select + New - a list of various transactions will appear
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Select Change to Holdings from the list of transactions - a workflow will open up
- From the dropdown under Select Type, select the option which applies.
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Fill in the Transaction Date and Resolution Date; if you do not yet have these dates, check off Blank Transaction Date/Blank Resolution Date and fill them in at a later time - note: if you check off Blank Transaction Date, underlines will appear in the documents when you generate them where the dates would have appeared
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In the From section, Select Holding transferring the shares
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In the To section, either select Create a new holding to add a new shareholder, or select Select from an existing holding to select an existing shareholder to transfer the shares to - select the address of the new shareholder if this shareholder has more than one address listed in the database
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Confirm the certificate issuance details in the Certificate tab, review all of the transfer details in the Preview tab, and then select Create
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Generate the supporting documents.
Video Instructions:
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