How can I determine the cost basis of my shares?
For stockholders of record, Computershare is only required to track cost basis for certain shares acquired after Jan. 1, 2011 ("covered shares"). Certain legislation requires all brokers, transfer agents and employee plan administration agents to track cost basis for certain new shares acquired after this date. Tracking cost-basis information for share acquired prior to Jan. 1, 2011 is the responsibility of the stockholder.
For shares acquired prior to Jan. 1, 2011, the Computershare Investor Activity Reports (IAR) that you should have received from BNY Mellon Shareowner Services (Computershare) in November 2009 just before and after the Nov. 16, 2009, reclassification of SAIC's class A preferred stock into common stock will have transaction information for shares of class A preferred stock to the extent that it is available. Generally, for federal income-tax purposes, the tax basis and holding period of the directly held shares of class A preferred stock will carry over to the shares of common stock received upon the reclassification. Because tax consequences and tax reporting requirements applicable to you will depend on your particular facts and circumstances, you should consult with your own tax advisor.
Stockholders may find that some transactions have an "N/A" listed under the 'Adjusted Acquisition Cost Per Share' column on their IAR. An "N/A" is displayed for shares where the adjusted acquisition cost per share could not be systematically derived when stockholder data was converted over from SAIC, Inc. Stock Programs to Computershare Shareowner Services in 2006.