Hi

I have a very simple question. My last company was acquired and I am submitting a letter of transmittal so I get proceeds from my stock certificate I had. There is a column for adjusted tax basis and long/short term capital gain. I paid little over $2800 for my shares, so I think that is my cost basis as I didn't incurred any additional cost on my stocks (mailing charges at most may be). And my short term capital gain (since shares were held less than a year) should be number of shares x sell price - total adjusted cost basis (cost price). Is that correct?

Thanks

Yes, that is correct.