Below is information about 16B CORPORATE OFFICER from a variety of sources. Please take a look at the materials that our team has selected for you.
BD Officer means each officer or employee of BD designated as a "BD Officer" for purposes of this Agreement in a communication to the Auction Agent. Section 16 Officer means every person who is directly or indirectly the beneficial owner of more than ten percent (10%) of any class of any equity security (other than an exempted security) which is registered pursuant to Section …
If an officer, a director or a large (10% or more) shareholder of a public corporation realizes a profit from buying and selling stock within a six-month period, Section 16(b) of the Securities Exchange Act of 1934 (the “Act”) authorizes the corporation to recover from such statutory insider any so-called “short swing” profits. If the […]
For the most part, determining your Section 16 officers is a fairly routine matter, and the SEC respects and rarely challenges these determinations due to their fact-sensitive nature. The SEC recently made such a challenge, however, and lost in a federal court case involving a company’s conclusions regarding its own officers. The SEC similarly defines an …
Key Takeaways. Section 16 is a rule within the Securities Exchange Act of 1934 (SEA) that articulates the regulatory filing responsibilities that …
A note to Rule 16a-1 (f) provides two guideposts: First, the term “policy-making function” does not include insignificant policy-making …
Section 16 Officers means officers of the Company, or of any subsidiary of the Company 25% or more of the voting stock of which is owned directly or indirectly by the Company, designated as Section 16 Officers by resolution of the Board of Directors of the Company from time to time.
executive officer has two days to file the Form 4. If, however, the 10b5-1 Trading Plan instructs the broker to sell 10,000 shares on the first day of every month, it is not a transaction that meets the exception because the executive officer has selected the date of execution. In this case, the transaction is subject to the two-day reporting rule.
Rule 16b-3 will not exempt a transaction between the issuer and (1) an officer's charitable remainder trust, or (2) an investment advisor of which a director is a principal. However, in its interpretive letter to American Bar Association (Feb. 10, 1999), Q. 4, the Division staff has stated that Rule 16b-3 is available to exempt an officer's or director's indirect pecuniary …
a corporate officer, an agent for service process, a general manager, or any individual or entity authorized to receive service of process can be served using this method. The process server must also sign a “proof of personal service” form showing when your employer was served. Commercial process servers will charge a fee. You can also ask
Key Takeaways. The short-swing profit rule, also known as the Section 16b rule, is an SEC regulation that prevents insiders in a publicly traded company from reaping short-term profits. 2. The ...
Did you find the information you need about 16B CORPORATE OFFICER?
We hope you found all the information about 16B CORPORATE OFFICER you were looking for and more.