Stock Options - no idea , please help

TB1980

I hope I make sense. So… years ago I worked for a company in the US (im uk  based) I was sent a document pack from the US, > “Enclosed please find original stock certificate number 176, which represents 9381 shares of common stock of x company’ 

i remember and for some reason I paid $136 – no idea what this was for – but to have them ‘vested’ maybe? sound correct? 

I do have a stock certificate and paperwork – but the company changed has / merged in like 2015 so all of this got lost. Ive tried to ask but assume these are worthless stocks?

 

TB1980

thinking they maybe worth something now....

eskbanker

Best place to start the discussion will be to identify the name of the company!

Woodstok2000

You'll need to name the company

poseidon1

TB1980 said:

I hope I make sense. So… years ago I worked for a company in the US (im uk  based) I was sent a document pack from the US, > “Enclosed please find original stock certificate number 176, which represents 9381 shares of common stock of x company’ 

i remember and for some reason I paid $136 – no idea what this was for – but to have them ‘vested’ maybe? sound correct? 

I do have a stock certificate and paperwork – but the company changed has / merged in like 2015 so all of this got lost. Ive tried to ask but assume these are worthless stocks?

 

Pointless post without the company name. Did you actually want help?

HedgehogRulez

is it nVidia?

Annemos

It almost sounds like you could have received a Bonus in Stock Options and all you had to actually pay for them was the Brokerage expenses? Does that sound familiar?  But the uplift between what you paid (Nil) and what they were actually worth at the time of receipt, could have been taxed at that time as actual wages?   

If that was the case, then for any gain on selling them, you have 136 dollars PLUS the amount that went into your wages as your total cost paid. This is called your Cost Basis. 

(But what I just said is for usual Americans. I have no idea what would have happened if someone was also taxed in the UK and/or US at that time! Would there have been a different treatment?) 

You will need to do some googling and digging and tracking.....

If the Company was X. Start on that Company website and track in the Investor area of their Website.  

....   what happened to those shares over the years after you originally received them?  Did they split into X shares and Y shares for example... or did they just all get transferred into Y shares after any mergers?  

You may have to research on the Website of Y company, too, in that case.  

There will also be information about how you divide your Cost Basis between shares. (It may be based on percentages, for example if there are now 2 sets of shares that have sprung out of the original set.)

DRS1

What did you get in 2015?  A new stock certificate?  Money?