Frequently Asked Questions on Book-Entry Share Ownership
This document provides answers to common questions about the Direct Registration System (DRS) for book-entry share ownership. It covers topics like benefits of DRS, how to transfer shares, how to get a share certificate, and more. It serves as a comprehensive guide for shareholders of Frontier Financial Corporation (FFC).
Edit, Download, and Sign the Frequently Asked Questions on Book-Entry Share Ownership
Form
eSign
Add Annotation
Share Form
How do I fill this out?
Start by reading through the FAQ to understand the basics of the Direct Registration System (DRS). Follow the instructions provided for specific actions like transferring shares or obtaining a certificate. If you have any questions, contact the American Stock Transfer & Trust Company (AST) for assistance.
How to fill out the Frequently Asked Questions on Book-Entry Share Ownership?
1
Read through the FAQ to understand DRS.
2
Follow instructions for specific actions.
3
Contact AST for assistance if needed.
4
Complete and submit any required forms.
5
Ensure all information is accurate before submission.
Who needs the Frequently Asked Questions on Book-Entry Share Ownership?
1
Shareholders of Frontier Financial Corporation who want to manage their shares electronically.
2
Investors looking to transfer shares to a new owner.
3
Individuals needing to replace lost or stolen share certificates.
4
Brokers and dealers facilitating electronic share transactions.
5
Shareholders interested in participating in FFC's dividend reinvestment plan.
How PrintFriendly Works
At PrintFriendly.com, you can edit, sign, share, and download the Frequently Asked Questions on Book-Entry Share Ownership along with hundreds of thousands of other documents. Our platform helps you seamlessly edit PDFs and other documents online. You can edit our large library of pre-existing files and upload your own documents. Managing PDFs has never been easier.
Edit your Frequently Asked Questions on Book-Entry Share Ownership online.
You can easily edit the FAQ document on PrintFriendly using our PDF editor. Update or add information to any section directly within the PDF. Save your changes and download the updated document.
Add your legally-binding signature.
PrintFriendly allows you to sign the FAQ document digitally. Use our PDF editor to add your digital signature to any required sections. Save and download the signed document.
Share your form instantly.
Share the FAQ document directly from PrintFriendly with ease. Use our sharing options to send the document via email or generate a shareable link. Ensure all necessary information is filled out before sharing.
How do I edit the Frequently Asked Questions on Book-Entry Share Ownership online?
You can easily edit the FAQ document on PrintFriendly using our PDF editor. Update or add information to any section directly within the PDF. Save your changes and download the updated document.
1
Open the FAQ document in PrintFriendly's PDF editor.
2
Locate the section you need to edit.
3
Make the necessary changes directly within the PDF.
4
Save your changes.
5
Download the updated document.
What are the instructions for submitting this form?
To submit this form, send the completed documents and any required share certificates to the American Stock Transfer and Trust Company via registered or certified mail. Include a Letter of Instruction and ensure proper insurance for your package based on the shares' market value. Contact AST at 800-937-5449 (toll-free) or 718-921-8124 for assistance. Add necessary Medallion Signature Guarantee if required for transfers. Mailing Address: American Stock Transfer & Trust Company Shareholder Services 6201 15th Avenue Brooklyn, NY 11219 Advice: Ensure all information is accurate and complete before submission to prevent delays or issues.
What is the purpose of this form?
The purpose of this FAQ document is to provide comprehensive information on the Direct Registration System (DRS) for book-entry share ownership managed by Frontier Financial Corporation (FFC). It helps shareholders understand the benefits of holding shares in book-entry form, the procedures for transferring and selling shares, and the documentation required for various transactions. By following the detailed instructions in the FAQ, shareholders can effectively manage their investment. This document is designed to offer clarity and guidance, ensuring that shareholders are well-informed about their rights and the available options when using DRS. Additionally, it serves as a valuable resource for brokers and financial advisors working with FFC shareholders, helping them to assist their clients more efficiently.
Tell me about this form and its components and fields line-by-line.
- 1. Direct Registration System (DRS): Explains what DRS is and how it works for book-entry share ownership.
- 2. Benefits of DRS: Outlines the advantages of holding shares in book-entry form through DRS.
- 3. Depositing Share Certificates: Provides instructions for depositing FFC share certificates into DRS for safekeeping.
- 4. Requesting Share Certificates: Details the process for obtaining physical share certificates for DRS shares.
- 5. Transferring and Selling Shares: Explains how to transfer shares to or from a brokerage account and how to sell shares.
- 6. Transferring Shares to a New Owner: Provides instructions for transferring DRS shares to a new owner, including the need for a Medallion Signature Guarantee.
- 7. Receiving Dividends: Explains dividend options for shareholders holding DRS shares.
- 8. DRS Transaction Advice Form: Describes the documentation received after each DRS transaction.
- 9. Cost of Holding Shares: Clarifies that there are no charges for holding shares through DRS but advises checking with brokers for related fees.
- 10. Security of Book-Entry Shares: Assures that written consent is required for transferring shares, ensuring the safety of book-entry shares.
What happens if I fail to submit this form?
Failure to properly manage or transfer shares through the DRS could result in loss of shares or delay in transactions. Ensuring all required documentation and instructions are followed is crucial to avoid issues.
- Loss of Shares: Shareholders may lose shares if proper procedures and documentations are not followed.
- Delayed Transactions: Failure to provide necessary information or consent can result in delays in share transfers or sales.
How do I know when to use this form?
- 1. Transferring Shares: Use this form to transfer shares to a new owner or to a brokerage account.
- 2. Requesting Share Certificates: Use this form to request physical share certificates for your DRS shares.
- 3. Depositing Share Certificates: Use this form to deposit share certificates into a DRS account for safekeeping.
- 4. Receiving Dividends: Use this form to understand your options for receiving dividends for your DRS shares.
- 5. General Inquiries: Use this form to find answers to commonly asked questions about DRS.
Frequently Asked Question
What is a Direct Registration System (DRS)?
A Direct Registration System (DRS) is a method of recording shares of stock in book-entry form, maintained by FFC's Transfer Agent without the need for physical share certificates.
What are the benefits of DRS?
DRS helps reduce risks and costs associated with storing and replacing share certificates, enables electronic transactions, and reduces administrative costs.
Can I send other FFC share certificates for safekeeping in my DRS account?
Yes, you can deposit other FFC share certificates into book-entry form for safekeeping at any time by returning your certificates and a Letter of Instruction to AST.
Can I get a share certificate for my book-entry shares?
Yes, you may request a share certificate for all or a portion of your FFC DRS book-entry shares at any time by contacting AST.
How do I transfer my shares to or from my brokerage account or sell my shares?
You can transfer shares to your brokerage account by contacting your broker with your DRS account information. For selling shares, you may elect to deposit them in FFC's dividend reinvestment plan.
How do I transfer shares held through DRS to a new owner?
You can transfer shares to a new owner by contacting AST with a Medallion Signature Guarantee and following the detailed instructions available on their website.
What happens to my dividends if I hold my shares in DRS book-entry form?
If you hold shares in DRS, you have the same choices for receiving dividends as other shareholders. Contact AST for more information.
What documents will I receive showing my shares held through DRS?
You will receive a DRS Transaction Advice Form following each transaction involving your shares held through DRS.
What will it cost me to hold my shares through DRS?
Holding your shares through DRS is free of charge by FFC or AST. However, check with your brokerage firm for any fees related to transferring or selling shares.
How do I know my book-entry shares are safe and cannot be transferred without my consent?
Your written consent is required for transferring shares to any third party other than your broker. Ensure your broker obtains proper instructions and documentation for any transfer or sale.
Related Documents - DRS FAQ
Notification of Lost Share Certificate Form
This form is used for notifying Computershare about a lost share certificate. It provides options for replacement or dematerialization of shares. Complete the sections with required details to proceed.
Form 426 General Information Resolution Relating to Shares
Form 426 provides essential information regarding the establishment and management of shares within a corporation. It outlines the necessary resolutions required by the Texas Business Organizations Code. This form serves as a guideline for corporate entities aiming to comply with statutory requirements.
3rd Grade Book Report Form
This file is designed for 3rd grade students to complete a book report. It includes sections for book details, character descriptions, plot summary, and personal recommendations. Students will also illustrate their favorite part of the book.
