Go to Benefits OnLine at the web address provided by Merrill or your employer. Please note, your screen may differ from the example shown.

From the Home page, select the three dots or the account options toggle next to your brokerage account name. Then choose Sell Shares from the Actions menu.

To view the value of your shares in your preferred currency, select your currency from the Currency preference drop down.

You can sell shares by quantity or by tax lot. When choosing a total quantity, the shares you’ve held the longest will be sold first. Select the radio button labeled Enter Total Quantity to Sell, then enter the number of shares you want to sell in the Quantity to Sell field. Select Continue.

To sell shares by tax lot, select the radio button labeled Select Up to 3 Tax Lots from the List Below. Enter the number of shares you want to sell for each lot in the Quantity to Sell column for up to three tax lots. Then select Continue. Selling shares by tax lot can help simplify recordkeeping for tax purposes. To sell more than three tax lots, you can submit additional orders.

Select an Order Type – Market or Limit. With a Market order, your sale will take place at the next available sale price. To choose a market order, select the Market radio button. For market orders, the duration automatically defaults to Day.

With a limit order, the sale will take place only if the stock price reaches or exceeds the price you set. To choose a limit order select the Limit $ radio button, then enter the desired stock price. Then select the Duration period. Day orders are in effect for the current trading day (or next trading day if entered after market close). Good Till Cancelled orders remain in effect for 180 days. Select Day or Good Till Canceled then Continue.

Cash proceeds from sale of your shares can be deposited directly to a U.S.-based bank account (if you previously linked an account on Benefits OnLine), wired to another account (if you set up wire instructions), sent to you by check or held in your brokerage account (which doesn’t pay interest). Make your selection and select Continue.

Review and Confirm your Order. You may need to enter your Benefits OnLine password to Submit your order. For security purposes, your order must be submitted within 90 seconds.

After your order is submitted, you can check the status by going to the home page. Select the three dots or the account options toggle next to your account’s name and then select View/Change orders. If your order was only partially executed, you may need to re-enter it for the balance of shares not sold.