Section 16 Insider definition

Section 16 Insider means any person who is subject to the provisions of Section 16 of the Exchange Act, as provided in Rule 16a-2 promulgated pursuant to the Exchange Act.
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Section 16 Insider means an officer or director of the Corporation subject to the short-swing profit liability provisions of Section 16 of the 1934 Act.
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Section 16 Insider means an officer or director of the Company subject to the short-swing profit liabilities of Section 16 of the Securities Exchange Act of 1934, as amended.
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Examples of Section 16 Insider in a sentence

  • No Option shall be transferable by an ----------------------- Optionee other than by will or the laws of descent and distribution or, in the case of non-Incentive Stock Options, pursuant to a Qualified Domestic Relations Order, and no Option shall be transferable by an Optionee who is a Section 16 Insider prior to shareholder approval of the Plan.

  • This provision replaces paragraphs 12 through 15 of the Award Agreement (except if the Participant is a Section 16 Insider).

  • Notwithstanding the foregoing, if the Corporation’s obligations for Withholding Taxes are not satisfied by the Participant prior to the date on which the obligation for Withholding Taxes arises, and the Participant is not a Section 16 Insider at such time, the Corporation may satisfy the Corporation’s obligation for Withholding Taxes using the Share Withholding Method without further action by the Participant.

  • Confirm, if the individual is a Section 16 Insider, that the proposed trade will not give rise to any potential liability under Section 16 as a result of matched past (or intended future) transactions.

  • By:___________________________ ______________________________ Name: Name: Title: Participant Name: ________________________ Participant Residence Address: «▇▇▇▇▇▇▇» «▇▇▇▇▇▇▇» «CITY», «STATE» «ZIP» «COUNTRY» Participant Section 16 Status: Participant is is not a Section 16 Insider of Company.


More Definitions of Section 16 Insider

Section 16 Insider means an officer or director of the Corporation subject to the short-swing profit liabilities of Section 16 of the 1934 Act.
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Section 16 Insider means a Participant who is subject to the reporting requirements of Section 16 as a result of the Participant’s position with the Company.
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Section 16 Insider means any person who is subject to the provisions of Section 16 of the Exchange Act.
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Section 16 Insider means any Participant who is designated by the Corporation as a reporting person under Section 16 of the Exchange Act.
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Section 16 Insider means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act with respect to the Company.
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Section 16 Insider means each officer of the Company (or any Affiliate) and Board member who is subject to the short-swing trading restrictions of Section 16 of the 1934 Act.
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Section 16 Insider means any Participant who is, at the time of the relevant determination or was at any time within the immediately preceding six (6) months, an officer or director of the Employer subject to the short-swing profit restrictions of Section 16(b) of the Securities Exchange Act of 1934, as amended.
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