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Level 2
posted Jun 6, 2019 12:38:18 PM

How to report stock split (2:1) in 2017 (shares doubled), for Incentive Stock options that were purchased in 2016. There was no Form 3921 for stock split

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1 Best answer
Level 13
Jun 6, 2019 12:38:20 PM

You simply halve all the "per share" figures on the Form 3921 and double the share figure.  It's "as if" the stock had split 2 for 1 prior to the grant.  There's no "reporting" until there's a sale.

Tom Young

3 Replies
Level 13
Jun 6, 2019 12:38:20 PM

You simply halve all the "per share" figures on the Form 3921 and double the share figure.  It's "as if" the stock had split 2 for 1 prior to the grant.  There's no "reporting" until there's a sale.

Tom Young

Level 2
Jun 6, 2019 12:38:21 PM

when these shares are sold what should be the date accounted as purchase date for all post split shares - Will it be the original purchase date or separately based on when I received each one - original shares and free shares (split ones)

Level 13
Jun 6, 2019 12:38:23 PM

All shares post split are deemed acquired on the original date.  You were not issued "new" shares, the "old" shares just split.