@JCQ4 We understand the issue you have raised. The instructions for IL 4644 state the following with regard to its purpose:
"This form is to report the gains from only the sale or exchange of securities of an employer that you received in a distribution from a qualified employee pension, profit-sharing, or stock bonus plan. Do not use this form for the sale or exchange of securities received as the result of the exercise of a stock option under an employee stock purchase plan."
Based on the above, the three types of sales or exchanges that need to be reported on IL 4644 are: (1) a distribution from a qualified employee pension, (2) a distribution from a profit sharing plan, or (3) a distribution from a stock bonus plan, any of which result in a gain. The instructions do not define, for purposes of IL 4644, what is a qualified employee pension, or a profit sharing plan, or a stock bonus plan. Thus, we cannot provide any guidance apart from what we have already stated. Your employer may be in a much better position to at least give you some guidance as to whether the RSUs issued under the company policy can fairly be characterized as the type of plan contemplated by IL 4644, and thus, would require the filing of that form.
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