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5c) Stock Ledger

The stock transfer ledger documents share transfers of a company on given dates, including the certificate number, number of shares, names of the shareholder who the shares were transferred to and from, amounts paid, and price per share. Additional information provided explains that the company adopted a Section 1244 plan to offer qualifying shares, which was adopted during the initial board meeting, and that prior to adoption the company had no equity capital or contributions, and shares issued under the plan are detailed in the stock transfer ledger.

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81 views

5c) Stock Ledger

The stock transfer ledger documents share transfers of a company on given dates, including the certificate number, number of shares, names of the shareholder who the shares were transferred to and from, amounts paid, and price per share. Additional information provided explains that the company adopted a Section 1244 plan to offer qualifying shares, which was adopted during the initial board meeting, and that prior to adoption the company had no equity capital or contributions, and shares issued under the plan are detailed in the stock transfer ledger.

Uploaded by

Martin J Puls
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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STOCK TRANSFER LEDGER

AMOUNT PRICE PER


CERT. NUMBER OF TO WHOM FROM WHOM
DATE NAME OF SHAREHOLDER SHAREHOLDER ADDRESS PAID SHARE
NUMBER SHARES TRANSFERRED TRANSFERRED

3995 10

250000 10

188904.32 10
STOCK TRANSFER LEDGER
PRICE
NUMBER OF AMOUNT PER
CERT. TO WHOM FROM WHOM
DATE NAME OF SHAREHOLDER SHAREHOLDER ADDRESS SHARES PAID SHARE
NUMBER TRANSFERRED TRANSFERRED

*Information Regarding Corporate Record of Shares Issued Under Section 1244 of the Internal Revenue Code:
1. The Plan to Offer Shares Qualifying Under Section 1244 of the Internal Revenue Code was adopted by the Board of Directors during its initial meeting.
2. Prior to the adoption of the Plan no contributions to capital or paid-in surplus of the Corporation were made.
3. Upon the date of adoption of the Plan, the Corporation had no equity capital.
4. The shares of common stock issued pursuant to the Plan are detailed in the Stock Transfer Ledger
5. Consideration may be cash or other property, but not stock, securities or services. If cash, simply insert the amount. If other property, it should be itemized (in a separate
schedule, if necessary) and it should include both tax basis and fair market value.

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