Examples of Section 16 Officers in a sentence
Insider Trading Policy, including, but not limited to, the Trading Windows and trading restrictions on Section 16 Officers.
This Policy will be binding and enforceable against all Section 16 Officers of the Company and their beneficiaries, heirs, executors, administrators or other legal representatives.
Section 16 Officers may be restricted in their ability to acquire or sell shares of Stock in order to comply with Section 16 of the Securities Exchange Act of 1934, as amended, in accordance with rules and procedures adopted by the Company’s Audit Committee.
All Covered Persons, Section 16 Officers and senior vice presidents of the Company are prohibited from pledging or holding shares in a margin account.
Notwithstanding the foregoing, a lender may have a security interest on the shares of Stock held in a Participant’s Account if the Participant has pledged such Stock as collateral in connection with a line of credit that may be obtained by certain Participants (other than Section 16 Officers) through the Account Administrator’s Stock Secured Line of Credit Program, if any.