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Office of Thrift Supervision Department of the Treasury 1700 G Street, N.W., Washington, DC 20552 (202) 906-6000 August 11, 2010, John P. Souvenir, Esq. Elias, Mate, Tierney & Herrick L.L.P. 734 15th
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Full stock conversion refers to the process of converting all outstanding shares of a company's preferred stock into common stock.
The company that is undergoing the stock conversion is responsible for filing the necessary paperwork.
To fill out a full stock conversion, the company must provide details of the preferred stockholders, the number of shares being converted, and any applicable conversion ratios.
The purpose of full stock conversion is to simplify a company's capital structure and eliminate the preferential rights associated with preferred stock.
The full stock conversion filing typically requires information about the preferred stockholders, including their names, number of shares being converted, and any related conversion ratios.
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