Basically, the entire transaction is a zero-sum event in which the total cost basis of all the shares owned after the spin-off equals your total cost basis in the shares owned before the spin-off.
The value per share of the spin-off is $14.91/0.500=$29.82. This is not the basis.
You must get the value of the original stock at the time just before the spin-off. I will use the example of $100.
$100 - $29.82 = $70.18. This is the current adjusted value of the original stock.
You must have the basis of the original stock. Example $35.
Calculate the percentage change: $35/$100 = 0.35 (35%)
Basis of spin-off = 0.35 X $29.82 = $10.44
Since you sold 0.50 shares you would post $10.44 X 0.50 = $5.22 to the basis of the spin-off shares sold.
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