WestRock (WRK) spinoff of Ingevity (NGVT)

On May 15, 2016, WestRock (WRK) performed a spinoff of Ingevity (NGVT), where each WestRock shareholder received one share of Ingevity for every six shares of WestRock held as of the club of business on May 4th, 2016. This can be entered as a standard spinoff, using the information posted below, which was obtained from Form 8937 on the WestRock site: https://ir.westrock.com/phoenix.zhtml?c=254016&p=irol-ngtv


Date: 5/15/2016

Old Security: WestRock (WRK)

Remaining Basis Percentage: 89.8504

New Security: Ingevity (NGVT)

Shares received: Divide your original shares of WRK by 6. Don't forget to include fractional shares.

Price per share of the new company: 26.86

Include Cash received for fractional shares (if any), and complete the transaction.