How do I enter a Stock Swap?

In order to create a Stock Swap transaction, you will need to start by adding the new round into which your existing shares are being swapped. For help adding a round, click here.

Next, go to Portfolio Management and click on the Add Transaction button. Select the Company name and the Round from which you are swapping shares (in other words, the "old" round). Now enter the date the swap occurred and select Stock Swap from the dropdown menu of Transaction Types.

Additional fields will appear. Enter the number of shares being swapped (again, this is the "existing" number of shares, not the new number). Select the new Round you will be receiving shares in and the New Share per Old Share ratio. (This is the new number of shares received for every share previously owned. For example, if you receive 5 new shares for each old share, enter the number “5”. If you receive 1 new share for 5 old shares, enter the number "0.2".)

If you have a new Share Certificate, you can enter the number here. Now click Save. That's it! You're done.

Have more questions? Submit a request

Comments

Powered by Zendesk