A W9 form is required for all option exercises, sale of shares, dividend payments or dividend reinvestments for US Citizens or US Resident aliens.
If a W9 form is not received prior to the sale of shares, a dividend payment or dividend reinvestment, the stockbroker is required to withhold an additional 28% tax on top of the standard tax rate to be compliant under the Foreign Account Tax Compliance Act (FATCA).
To avoid any additional tax being withheld, you should complete a Form W9. Please complete this form online, print it out and sign it. The signed form should then be scanned and emailed to firstname.lastname@example.org.
If you have already completed a W9 form as part of your online exercise through Equiniti Premier Services and have retained shares, a copy of your W9 will be passed to Citibank. you do not have to complete an additional form.