As part of a legal settlement related to the 2014 Google stock split (steps detailed on our FAQ site at https://www.iclub.com/faq/Home/Article?id=256), Google agreed to pay class C shareholders additional shares or cash if one year after the split the trading price of class C shares were below a certain percentage of the Google class A shares. The threshold for an additional payment was met and Google decided to pay the supplemental amount in additional class C shares.

The information below is based on the information available from the IRS form 8937 filed by Google and available on their web site at https://investor.google.com/pdf/2015_form8937.pdf.

• This can be handled as simply as a stock split, using the following information

The Stock Split Entry

Go to Transactions > Stock Split or Accounting > Securities > Stock Split depending on the version of the software being used.

• Date: 5/4/2015
• Select Parent Security (or Parent Company) : Google class C (GOOG)
• Split Ratio: 1.00275 for 1
• Cash for fractional shares: If you are using myICLUB.com, fill in the cash your club received, and submit the transaction. If you are using the desktop Club Accounting 3, submit the transaction with nothing entered here, and proceed to the steps below on entering a sale for the fractional shares.