LPL Financial may charge up to $25 to DRS transfer, although it appears to be free.
Once your shares are settled in LPL Financial, you can fill in their transfer form and email it to them.
How to request DRS transfer from LPL Financial:
Download, and fill in this form as follows:
Enter your LPL Financial account number at the top of the page.
Skip the Transfer ID box.
Account Registration: This should be your full name.
Social Security/Tax ID Number: Enter your SSN.
Destination: Select "Transfer Agent".
Type of Delivery: Normally you'd choose "Common Owner" if transferring to yourself, but you can choose "Gift" if you're transferring to some one else, or if you have a different name registered with Computershare.
In the following table you will need to fill in the transaction details of the shares you wish to transfer. So, each row is a separate purchase of the shares.
Column 1: Share Quantity. This is how many shares you purchased.
Column 2: Cusip/Symbol. In GameStop's case that's 36467W208/GME.
Column 3: Security Description. You can enter "Stock" or "Shares" "of GameStop".
Column 4: Tax Lot Trade Date. This is just the date you purchased the shares on.
Column 5: Tax Lot Price (per share). This is how much each share cost in this transaction. For example if you bought 6 shares for $60, your price per share would be $10.
Column 6: Receiving Fund Account Number. This is your Computershare account number, or your full name (as the shares will be registered in your name instead of your account number).
Receiving Account Registration: This would be your full name again.
Relationship to owner: you can just say it's yourself.
Skip the next little section as it's only for brokers.
Recipient Address: enter your address as it's defined by Computershare.
Recipient Social Security/Tax ID Number: Enter your SSN.
Then sign, write your name, and date the form (this may be able to be done digitally, if not then you will have to print it off to sign). You only need to do it once if it's an individual account, the second row of text boxes are for joint accounts.
With the form complete, you can email it to: email@example.com. You can also fax it to: (858) 202-8500.
The transfer will take 3-5 business days to process once received by the transfer team.
If you don't have an existing Computershare account:
The broker and Computershare will take care of the transfer and open a Computershare account for you. This will take another 2-3 business days.
If you have an existing Computershare account:
Your broker will transfer the shares based on your name and address. As a result, a second account may be created for you. This can be for a few reasons, such as a middle initial existing on one account, but not the other. If your name and address match exactly, then the transfer will process within the normal amount of time. If not, then it will take another 2-3 business days.
After your shares leave your broker:
Go to Computershare.com/us.
Click on “Login to Investor Center”.
Click on “Register Now”.
Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop).
Computershare will then prompt you to create your username, password and security questions.
Once your account is created, Computershare will send you a verification letter in the mail.
You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online.
To verify online, Computershare will ask some security questions based on info they take from LexisNexis. Please note, part of the process is to give a question with zero correct answers. So read the questions carefully.
When you receive the verification code letter:
Return to Computershare.com/us.
Click on “Login to Investor Center”.
Login using the username, and password you have created.
Then you can enter the verification code.
You now have full access to your Computershare account!
There is no more need for the verification code.