Precedent Examples From Company Websites AirNet Systems Alcoa Becton Dickinson Chittenden Cinergy Comverse Technology Columbia Bank Del Monte Foods Enterasys Networks First Federal Bank Bankshares First Republic Bank FPL Group Gannett Gartner General Motors Levitt Monster Worldwide National Australia Bank Netflix Pacific Continental Radio [more...]
Summary Covers reporting obligations for trading by insiders Exchange Act Rule 16a-1 to 16a-13 Forms 3, 4 and 5 S-K Item 405 Rules 16a-1 to 16a-13 Rule 16a-1 Definitions Beneficial owner Text of Rule Call equivalent position Text of Rule Derivative securities Text of Rule Equity security of such issuer Text [more...]
Summary Imposes trading restrictions on directors and executive officers during pension fund blackout periods Requires issuers to give specified notices about blackout periods Imposes § 16-like liability on directors/executive officers for improper trading Adopted per SOX Act § 306 "To address the apparent unfairness of an issuer's [more...]
Exchange Act §16(b) §16(b) Profits from purchase and sale of security within six months For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director, or officer by reason of his relationship to the issuer, any profit realized by him from any purchase and sale, or any sale and [more...]