I went over and looked at the Form 8937 issued by Maxor
<a rel="nofollow" target="_blank" href="
https://mdacorporation.com/docs/default-source/corporate/investor/current-documents/form-8937.pdf?sf...>
and this is NOT one of the deals I thought you were describing where you have to do your reporting on a lot by lot basis, where losses cannot be recognized and gains are limited to the lesser of the actual gain based on all the proceeds or the cash received.
Instead you simply use as proceeds the combination of cash plus stock, and subtract your basis in the stock tendered to come to a gain or loss.
Your basis in the new stock is the same as the "proceeds" element of the stock in the sale. It's "as if" you received all your proceeds in cash that then immediately took some amount of these proceeds and bought the new stock. Using your "Proceeds" figure for the two lots it looks like the broker is using a per share fair market value of something in the $54.91 - $54.94 range. (Maybe there's some sort of rounding going on that I don't understand.)
I have no idea what your 4) item is telling me. What is this "value of exchange" and where is it coming from? At first I thought the figure was the stock value but then realized that the "value of exchange" plus the cash received didn't come back to the proceeds being reported.
