Kraft Reorganization
« on: February 01, 2013, 01:36:04 PM »
Follow these steps for entering the distribution of Kraft Foods Group and Mondelez International into Investment Account Manager:

1) Enter Kraft Foods Group (KRFT) spin-off
2) Merge original Kraft (KFT) into Mondelez Intíl (MDLZ)
3) Sell any fractional shares for cash in lieu amount
4) Verify your basis and shares

1) Enter Kraft Foods Group Spin-Off
a. Select IAMís Transaction Menu | Global Transactions |Spin-off
b. Enter the transaction date: 10/02/12
c. Enter symbol of issuer: KFT
d. Enter symbol of spin-off: KRFT
e. Enter market price of spin-off symbol:$45.42
f. Enter number of spin-off shares received for each one share of issuer held: 0.333333
g. Enter percentage of cost basis retained by issuer (KFT): 64.91%
h. Enter percentage of cost basis assigned to Spin-off (KRFT): 35.09%
i. Select all portfolios for spin-off
j. Apply to all portfolios

2) Merge old Kraft (KFT) into new Mondelez Intíl (MDLZ)
a. Select Transactions Menu | Global Transactions| Merger
b. Enter date of merger: 10/02/2012
c. Enter exchanged from security symbol: KFT
d. Enter market price KFT: $41.35
e. Enter merger into security symbol: MDLZ
f. Enter market price MDLZ: $28.00
g. Enter number of MDLZ shares received for each share of KFT held: 1.0
h. Select all portfolios for merger.
i. Apply to all portfolios

3) Sell any fractional shares using IAM Sale transaction type for the cash-in-lieu dollar amount.

4) Verify results by printing the IAM Security Basis Report.