RSUs are pretty straight forward; therefore, I recommend you enter your transactions without indicating you are reporting the sale of company stock. Indicating that is company stock has no impact on what's reported to the IRS. It only affects what screens and questions you get in the TurboTax interview. When RSUs vest (the stock is delivered) the entire amount is ordinary income. That amount is added to Box 1 of your W-2. Your employer must collect income and payroll taxes, or sell shares to pay them. Since you are taxed on the entire amount, your basis is the amount that is added to your W-2 which you are taxed on. If you retain any of the units/stock, any gains on the sale will be short term if you hold the stock one year or less, and long term if you hold it more than one year.
You will have three transactions. The cost basis (per share) and acquisition date will be the same for all three transactions, and they will all be short term. You cost basis is the total amount included in income. The cost basis per share is that amount divided by 16. The proceeds and sales dates will be whatever is reported on the 1099-B. Whether the shares were sold to cover stock or not has no impact on your gain or loss on the sales.
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