Duke Energy Stock Power Form PDF Details

Understanding the Duke Energy Stock Power form is critical for both current and potential shareholders aiming to manage their equity assets efficiently. This comprehensive form facilitates various transactions, presenting sections that capture current shareholder information, details about the shares to be transferred, and the purpose behind the transfer, including options for gifting, re-registration, inheritance, or a private sale. It also requires the submission of original stock certificates if available, and specifies the handling of both certificate shares and those held in Dividend Reinvestment Plans (DRIP) or through Direct Registration Systems (DRS). Moreover, the form outlines the process for documenting new shareholder information, necessitating detailed inputs such as social security numbers, and for certain registrations, minor’s details or trust information. A distinct section is dedicated to capturing the mailing address of the new shareholder(s) and demands a signature from the current owner(s), underlining the importance of a verified medallion signature guarantee to protect all parties involved. Instructions for mailing the completed form are clearly noted, ensuring a seamless transition of stock ownership. This form is a vital tool in maintaining the integrity and accuracy of shareholder records, in adherence to legal and corporate governance standards.

QuestionAnswer
Form NameDuke Energy Stock Power Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesduke form, duke energy forms, duke energy stock power transfer form, duke energy stock power form

Form Preview Example

Stock Power Form | PAGE 1

Section 1: Current shareholder information

Current registration

Current account number

Daytime phone number

Section 2: Number of shares to be transferred/purpose of transfer

Please ill in the number of shares to be transferred in the spaces provided below. Original stock certiicates (if any) must be submitted with this stock power form.

Total number of certiicate shares (list certiicate numbers below):

_________________

Total Dividend Reinvestment Plan (DRIP) shares (if all, write ALL):

_________________

Total Direct Registration System (DRS) shares (if all, write ALL):

_________________

What is the purpose of the transfer? Select only one of the following:

‰Gift

‰Re-registration of account (for example: legal change of name, transfer on death (TOD) recipient, transfer into a trust or adding a joint owner)

‰ Inheritance

Date of Death

_____/_____/_____

Fair market value price per share for cost basis $____________

 

 

 

(If blank, fair market value on date of death will be used)

‰ Private sale

Date of Sale

_____/_____/_____

Price per share $____________

Section 3: New shareholder information

For value received, the undersigned does (do) hereby sell, assign and transfer to:

Select the correct type of shareholder registration and ill in the appropriate information (see page 3 for explanations and requirements for the various types of registrations).

‰Individual or joint (adults only)

New shareholder

Social Security number

Joint shareholder (if any, please provide tenancy clause)

‰Custodial registration for a minor

Name of custodian

 

Minor’s Social Security number

 

 

 

 

 

 

 

Name of minor

 

Minor’s date of birth

 

Minor’s state of residence

‰ Trust registration

Name(s) of trustee(s)

 

Date of trust

 

 

 

Name of trust

 

Social Security or taxpayer ID number

New shareholder information continued on page 2.

Stock Power Form | PAGE 2

Section 3: New shareholder information (continued)

‰Transfer on Death (TOD) – Subject to Securities Transfer Association (STA) TOD rules.

New shareholder

Social Security number

 

 

Joint shareholder (if any)

 

 

 

TOD recipient (only one recipient per account)

 

‰Estate Account

Name of decedent

Social Security or taxpayer ID number

 

 

Name of executor/personal representative

 

‰Other (corporation, partnership, LLC, etc.)

Legal name of new owner/entity

Social Security or taxpayer ID number

Section 4: Mailing address of new shareholder(s):

Street address

City

State

ZIP code

Section 5: Signature(s) of current owner(s)

The undersigned does (do) hereby irrevocably constitute and appoint Duke Energy Corporation attorney to transfer said stock on the books of said Company with full power of substitution in the premises. All current shareholders must sign their names exactly as they appear on the account and mark the correct capacity. All signatures must be guaranteed by a member of an approved medallion signature guarantee program. A medallion signature guarantee is designed to protect you and Duke Energy. Members include commercial banks, savings and loans, brokers, dealers and credit unions. A notarized signature is not acceptable.

Signature of current shareholder

Printed name of current shareholder

Mark one box below with the correct capacity. Transfer will be rejected if capacity is not marked:

Signature of joint shareholder (if any)

Printed name of joint shareholder

Mark one box below with the correct capacity. Transfer will be rejected if capacity is not marked:

‰Owner

‰Surviving joint tenant

‰Administrator

‰Former minor, now of age

‰Custodian

‰Custodian for minor (account erroneously set up as an adult)

‰ Successor custodian

‰ Personal

(due to death)

representative

‰ Trustee/successor

‰ TOD beneiciary

trustee

‰ Authorized corporate

 

‰ General partner

oficer

‰ Successor by small

‰ Executor

estate afidavit

‰ Guardian

‰ Conservator

 

‰ Power of attorney

 

‰ Owner

‰ General partner

‰ Authorized corporate

‰ Surviving joint tenant

‰ Successor by small

oficer

‰ Administrator

estate afidavit

‰ Executor

‰ Conservator

‰ Guardian

‰ Trustee/successor

‰ Personal representative

 

trustee

 

Afix medallion signature guarantee stamp here:

Afix medallion signature guarantee stamp here:

If more than two signatures are required, please copy or print a second signature page for additional medallion guarantees.

Section 6: Mailing Instructions

Mail the completed form to:

Duke Energy

Investor Relations

P.O. Box 1005

Charlotte, NC 28201-1005

Stock Power Form | page 3

Or overnight:

Duke Energy

Investor Relations

526 South Church Street, EC01W

Charlotte, NC 28202

Guidelines for Section 3: New shareholder information

Individual

Gives sole ownership to one individual and requires that person’s legal name be used. The registration should consist of irst name, middle initial and last name only.

Example: Mary R. Smith

Joint Tenants

Used when two or more individuals have equal claim to the assets. Should one of the parties die, ownership of the assets passes to the surviving tenant(s).

Example: John P. Smith & Mary R Smith JT TEN

Tenants In Common

Used when two or more individuals have a separate and undivided interest in the assets. Should one of the parties die, that person’s undivided interest passes to the estate of the holder rather than to the surviving tenant(s).

Example: John P. Smith & Mary R. Smith TEN COM

Custodial Registration for Minor

Used when the beneicial owner of the assets is a minor. This registration requires the name of the custodian who supervises the account as well as the name of the minor.

Example: John P. Smith CUSTODIAN for Michael R. Smith UNIF TRANS MIN ACT NC

Trust

Trust registration requires the following information: name of trustee(s), date of trust, name of trust and/or maker or beneiciary.

Example: John P. Smith & Mary R. Smith TR UA 4/15/95 Smith Family Trust

Transfer on Death (TOD)

Used to designate beneiciaries to receive assets upon a person’s death. The owner of a security registered in TOD form must be a natural person or natural persons holding the security as joint owners with right to survivorship. TOD registrations by non-natural persons (such as a trust or partnership) are not permitted. There may be only one beneiciary per registration. The beneiciary may be an individual or other entity.

Example: John P. Smith TOD Mark A Smith SUBJECT TO STA TOD RULES

John P. Smith & Mary R. Smith JT TEN TOD Mark A Smith SUBJECT TO STA TOD RULES

Estate

Used to register an account in the decedent’s estate. This registration lists the person(s) appointed by the probate court who is (are) responsible for handling the estate.

Example: Mary R. Smith EXECUTOR John P. Smith Estate

©2014 Duke Energy Corporation 13-0886 01/14

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Part number 1 for filling in duke energy power form

2. Right after filling in the last section, go on to the subsequent part and fill in the essential particulars in these blank fields - Select the correct type of, Individual or joint adults only, New shareholder, Social Security number, Joint shareholder if any please, Custodial registration for a minor, Name of custodian, Name of minor, Trust registration, Names of trustees, Name of trust, New shareholder information, Minors Social Security number, Minors date of birth, and Minors state of residence.

Part number 2 of submitting duke energy power form

People frequently make mistakes when filling out New shareholder in this part. Be certain to reread whatever you enter here.

3. Completing Section New shareholder, New shareholder, Social Security number, Joint shareholder if any, TOD recipient only one recipient, Estate Account, Name of decedent, Social Security or taxpayer ID, Name of executorpersonal, Other corporation partnership LLC, Legal name of new ownerentity, Social Security or taxpayer ID, Section Mailing address of new, Street address, and City is essential for the next step, make sure to fill them out in their entirety. Don't miss any details!

duke energy power form completion process explained (step 3)

4. Your next subsection needs your attention in the following areas: Section Signatures of current, Signature of current shareholder, Printed name of current, representative TOD beneiciary, Successor custodian, Trusteesuccessor, due to death, Personal, trustee, oficer, Executor Guardian, of age, Custodian Custodian for minor, General partner Successor by, and estate afidavit. Be sure you fill in all of the required details to go forward.

Printed name of current, Signature of current shareholder, and representative TOD beneiciary in duke energy power form

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