Section 16 Person definition

Section 16 Person means a person subject to Section 16(a) of the Exchange Act.

Examples of Section 16 Person in a sentence

  • In addition, the Company is required to disclose in its periodic reports (i.e., 10-Qs and 10-Ks) the adoption or termination of a Plan by any Section 16 Person during the last completed quarter, including a description of the material terms of such a Plan, other than terms with respect to price.

  • Any Section 16 Person is required to confirm the adoption, modification or termination of a Plan to the Compliance Officer not later than the next business day after such action so that it can be appropriately disclosed by the Company, even if pre-clearance of such action was previously obtained.


More Definitions of Section 16 Person

Section 16 Person means a Person who is subject to obligations under Section 16 of the 1934 Act with respect to transactions involving equity securities of the Company.
Section 16 Person means an officer, director or affiliate of the Company or a former officer, director or affiliate of the Company who is subject to section 16 of the Securities Exchange Act of 1934, as amended.
Section 16 Person means an individual who, with respect to Shares, is subject to Section 16 of the 1934 Act and the rules and regulations promulgated thereunder.
Section 16 Person means a person subject to Section 16(b) of the Exchange Act with respect to transactions involving equity securities of the Company.
Section 16 Person means a person who, with respect to the Shares, is subject to Section 16 of the 1934 Act, as determined by the Board.
Section 16 Person means an Employee who is subject to Section 16 of the Act, as interpreted by the rules and regulations promulgated by the Commission thereunder, as adopted and amended from time to time, and by formal or informal opinions of, and releases published or other interpretive advice provided by, the Staff of the Commission.