The Payment table is displayed under an option only if payments have occurred. It contains the details of all payments that have taken place for this option.
The number in parentheses next to the Payments label indicates the number of payments contained in the table. For example, “Payment (2)” indicates that two payments were made on this particular event.
Click the black Payments bar to display all payment information.
For mandatory events these fields include:
Field Name |
Definition |
For cash payments: |
|
Payout Number |
Number of the individual payout. For example, payout 1 is principal and payout 2 is interest. This is in line with the payouts specified in the Event Details tab. |
Payout Type |
The type of payout being made:
|
Amount Allocated |
Amount paid out for each separate payment. This amount represents a cumulative total for cash allocations for this option. To view individual allocation information, click the hyperlink in the DTC Allocation Date/Time column to view the allocation details. |
DTC Allocation Date/Time |
The date and time at which the allocation was made by DTC. Click this link to view a popup window containing Allocation details. |
DTC Cash Rate |
The rate of DTC’s cash payout. |
For security payments: |
|
Payout Number |
Number of the individual security payout. |
Payout Type |
The type of payout being made (i.e., securities). |
Shares Disbursed |
The amount of shares that have been paid out. |
DTC Allocation Date/Time |
The date and time at which the allocation was made by DTC. |
DTC Security Rate |
The rate of DTC’s security payout. |
DTC Disbursed Security ID |
The CUSIP of the security being paid out. |
DTC Cash In Lieu Price |
The price when cash is received in lieu of securities. |
CIL Amount Allocated |
The amount of cash that is being paid out in lieu of securities. |
DTC CIL Allocation Date and Time |
The date and time at which a cash in lieu allocation was made. |
For voluntary events, these fields include:
Field Name |
Definition |
Additional Cost Collection |
For rights subscriptions, this displays (when applicable) the additional cost amount that represents the difference between the estimated and final Price Paid Per Product rates. |
Amount Allocated |
For cash options, this is the amount of the primary allocation. It is only shown if the allocation has already occurred. This amount represents a cumulative total for cash allocations for this option. To view individual allocation information, click the hyperlink in the DTC Allocation Date/Time column to view the Allocation details. |
The date and time at which the allocation was made by DTC. Click this link to view Payment Activity details. For your reference, the window provides a transaction number for this allocation payment. |
|
DTC Cash Rate |
For sell options on rights and rights subscriptions, this displays (when applicable) the rate of DTC’s cash payout. This rate is subject to change and may be different per accepted instruction. |
Payout Number |
Number of the individual payout. For example, payout 1 is principal and payout 2 is interest. This is in line with the payouts specified in the Event Details tab. |
Payout Type |
Indicates the type of payout being made. Here, the payout type can be cash or stock. |
Refunded Subscription Charge |
For rights and rights subscriptions, this displays (when applicable) either the amount returned due to unaccepted oversubscription fees and/or the difference between the estimated and final Price Paid Per Product rates. |
Refunded Uncovered Protect Subscription Charge |
For rights and rights subscriptions, this displays (when applicable) the amount of susbcriptions charges refunded due to uncovered protects. |
Shares Disbursed |
For security options, the number of shares that you can expect to see as a result of this event. This amount represents a cumulative total for stock allocations for this option. To view individual allocation information, click the hyperlink in the DTC Allocation Date/Time column to view the Payment Activity details. |
Subscription Charge |
For warrants only, this is the amount of the subscription charge for the transaction ID. |
The Payment Activity area displays:
The Activity Date of the payment.
The Allocation amount that was paid.
The type of Activity that the payment represents.
Underneath the table, you can see your Total Net Allocation. This is the sum of all payment activity that is displayed in the table above, including both the primary allocation and any applicable adjustments to your account.
The details in this table correspond to the information provided in the Allocation pop-up reached by clicking the DTC Allocation Date/Time links in the Payment area. For your reference, the window provides a transaction number for this payment.
Notes:
Narrow your activity results by clicking the Filter button on the right below the Activity Breakdown bar.
You can print this information by clicking the Print icon on the right side below the header.