DRS
|
| Q: |
What is DRS? |
| |
A: The Direct Registration System is a form of book-entry stock ownership that eliminates the need for physical stock certificates. You are able to move shares to and from a brokerage account electronically. Shares held in DRS offer the same rights and privileges as shares held in traditional certificate form. |
|
| |
| Q: |
Are there any fees associated with DRS? |
| |
A: Not with SWG. You can electronically transfer all or some of your book-entry whole shares to your broker at no cost to you by having your broker process the request. |
|
| |
| Q: |
What are the benefits of DRS? |
| |
A: DRS, eliminates the need to issue a paper stock certificate. DRS allows for a more convenient way to transfer shares from and to a financial institution and/or broker. |
|
| |
| Q: |
How can I participate in DRS? |
| |
A: You can deposit your Southwest Gas Corporation common stock certificate(s) in DRS. Mail the certificate(s) to Shareholder Services Department, do not sign the certificate(s) and attach a letter of instruction to make the deposit. We recommend that you send the certificate(s) registered mail, certified mail or overnight. You will receive a statement indicating the deposit of shares. |
|
| |
| Q: |
How do I move my shares between my brokerage account and my Southwest Gas stock account? |
| |
A: Contact your broker to initiate the transfer. Provide your broker with your account registration, stock account number, tax identification number and Southwest Gas Corporation’s common stock CUSIP number 844895102. |
|
