Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2023n009349 | Date: April 10, 2023
Institutional Client Services | Wealth Management Platform
NLTK Concentration Reduction & DAF Contribution
RSU Liquidity Event + Diversification + Charitable Giving (DecisionID-2023-349 / EventID-2023-01)
Client Household: Alex & Sam Chen Confirmation No.: FIn2023n009349
(HH-CHEN-001)
Advisor: Morgan Park, CFP® Confirmation Date: April 10, 2023
(ADV-PARK-001) | Clearwater
Wealth Partners
Custodian: Fidelity Institutional Wealth Services Settlement Date: April 12, 2023
(CUST-FI-001)
Decision / Ref: DecisionID-2023-349 / Document ID: DOC-TradeConf-2023Q2-001
EventID-2023-01 / GoalID-2023-01
(DAF) / TaxTopicID-2023-01
Meeting Ref: MtgID-2023Q1-01 Confirmation Concentration Reduction + DAF
Type: Contribution
IPS Version: IPS-2020 (60/35/5) — NLTK Tax Year: 2023
concentration outside IPS; reduction
plan executed
TRADE CONTEXT & RATIONALE
Liquidity event (EventID-2023-01): Alex Chen received a large RSU vest of 2,667 shares of Clearwater Tech (NLTK) at
$45.00/share = $120,015 W-2 ordinary income. Combined with existing NLTK holdings from 2018–2022 vests, NLTK represented
a significant concentration in ACCT-TX01, contrary to IPS diversification guidelines. DecisionID-2023-349 authorizes: (1) SELL
1,800 shares NLTK to diversify; (2) TRANSFER OUT 556 shares to Clearwater Giving Fund (DAF) as a charitable contribution
(GoalID-2023-01 — avoids capital gains on appreciated shares). Diversification proceeds reinvested per IPS-2020 allocation. AGI
in 2023 elevated; DAF bunching strategy deployed per TaxTopicID-2023-01 and TaxPlanningMemo filed by Lisa Torres, EA.
TRADE EXECUTION DETAIL
Trade Actio Gross Comm/ Net Notes / Lot
Account / No. Settle Security CUSIP Quantity Price
Date n Amt Fee Amount Info
RSU vest:
2,667
shares —
W-2 income
ACCT-TX01 NLTK
04/10/202 04/12/20 65400A10 $120,015. $120,015. $120,015
Z23n8472n91 VEST Clearwater Tech Common 2,667 $45.00 $0.00
3 23 0 00 00 Basis: New
Joint Taxable Brokerage Stock
lot; basis =
FMV
$45.00/sh;
W-2 $120,015
Fidelity Institutional Wealth Services | 245 Summer Street, Boston, MA 02210 | fidelityinstitutional.com
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Document Ref: DOC-TradeConf-2023Q2-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only

Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2023n009349 | Date: April 10, 2023
Institutional Client Services | Wealth Management Platform
Trade Actio Gross Comm/ Net Notes / Lot
Account / No. Settle Security CUSIP Quantity Price
Date n Amt Fee Amount Info
Concentratio
n reduction;
LT gain
ACCT-TX01 NLTK Basis:
04/10/202 04/12/20 65400A10 $81,000.0 ($81,000.
Z23n8472n91 SELL Clearwater Tech Common 1,800 $45.00 $0.00 Blended
3 23 0 0 00)
Joint Taxable Brokerage Stock 2018–2022
lots; avg basis
$15.00; LT
gain $54,000
Transfer to
DAF
(Clearwater
Giving Fund)
ACCT-TX01 NLTK @$45
04/10/202 04/12/20 XFER- 65400A10 $25,020.0 $25,020.0
Z23n8472n91 Clearwater Tech Common 556 $45.00 $0.00 Basis: 2023
3 23 OUT 0 0 0
Joint Taxable Brokerage Stock vest lot; basis
$45/sh; $0 cap
gain; $25,020
charity
deduction
Reinvest
NLTK
proceeds;
US equity
ACCT-TX01 UECIY
04/10/202 04/12/20 67890A20 $48,000.0 $48,000.0 (TLH alt)
Z23n8472n91 BUY US Equity Core Index Fund 600 $80.00 $0.00
3 23 0 0 0 Basis: New lot
Joint Taxable Brokerage (Alt/TLH)
$80.00/sh —
maintains US
equity
exposure
Reinvest
NLTK
ACCT-TX01 IDEIY proceeds;
04/10/202 04/12/20 45678A20 $13,200.0 $13,200.0
Z23n8472n91 BUY Intl Developed Equity Fund 400 $33.00 $0.00 intl equity
3 23 0 0 0
Joint Taxable Brokerage (Alt/TLH) (TLH alt)
Basis: New lot
$33.00/sh
Bond add in
IRA;
rebalance
ACCT-IRA1
04/10/202 04/12/20 UCBIX 34567A10 toward 35%
Z23n8472n92 BUY 1,000 $9.40 $9,400.00 $0.00 $9,400.00
3 23 US Core Bond Index Fund 0 target
Alex Traditional IRA
Basis: IRA
new lot
$9.40/sh
TOTAL
S
Total Purchased: $70,600.00 (cid:127) Total Sold / Redeemed: $81,000.00 (cid:127) Total Transferred / Delivered: $145,035.00
SETTLEMENT SUMMARY
Fidelity Institutional Wealth Services | 245 Summer Street, Boston, MA 02210 | fidelityinstitutional.com
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Document Ref: DOC-TradeConf-2023Q2-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only

Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2023n009349 | Date: April 10, 2023
Institutional Client Services | Wealth Management Platform
Description Amount Settlement Date Direction
Total Purchased (BUY orders) $70,600.00 April 12, 2023 Debit
Total Proceeds (SELL orders) $81,000.00 April 12, 2023 Credit
Total Delivered / Received (XFER/VEST) $145,035.00 April 12, 2023 Non-cash
Net Cash Flow $10,400.00 Credit
TAX IMPACT NOTES
RSU vest (2,667 sh NLTK @$45): $120,015 W-2 ordinary income (Alex W-2 Box 1/Box 12 V). NLTK SELL (1,800 shares):
blended basis from 2018–2022 vests ~$15.00/sh avg; gross LT gain = ($45.00 - $15.00) × 1,800 = $54,000 LT. Less $12,500
carryforward (from DecisionID-2022-301 TLH) = $41,500 net LT gain. NLTK XFER to DAF (556 sh @$45): $25,020 charitable
deduction (FMV at transfer); zero cap gain on donated shares per IRS rules. 2023 net cap gains ~$42,000; charity deduction
$25,000; AGI ~$426,000. See TaxPlanningMemo-DecisionID-2023-349 and TaxTopicID-2023-01.
IMPORTANT: This Trade Execution Confirmation is a summary of executed orders processed through the Fidelity Institutional platform. All transactions are subject to
the terms and conditions of the applicable account agreement. Prices shown are execution prices; actual settlement may vary for equity securities by T+2. Tax
information is provided for planning reference only; clients should consult their tax advisor. This document is synthetic demo data generated for product demonstration
purposes and does not constitute an actual trade confirmation, investment advice, or tax advice.
Fidelity Institutional Wealth Services | 245 Summer Street, Boston, MA 02210 | fidelityinstitutional.com
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Document Ref: DOC-TradeConf-2023Q2-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only
