Section 16(b) Officer definition

Section 16(b) Officer means an officer of the Company who is subject to the short-swing profit recapture rules of section 16(b) of the 1934 Act.
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Section 16(b) Officer means a person who is an officer of the Company within the meaning of Section 16(b) of the Exchange Act and the rules and regulations promulgated thereunder.
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Examples of Section 16(b) Officer in a sentence

  • All authority with respect to the grant, amendment, interpretation andadministration of grants and awards of restricted stock and restricted stock units with respect to any Eligible Employee who is either(x) a Named Executive Officer (i.e., an officer who is required to be listed in the Company’s Proxy Statement Compensation Table) or(y) is a Section 16(b) Officer, is reserved to the Committee.

Related to Section 16(b) Officer

  • Executive Officer means, with respect to any corporation, the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, President, Executive Vice President, any Vice President, the Secretary or the Treasurer of such corporation; and with respect to any partnership, any general partner xxxxxxx.

  • Section 16(b means Section 16(b) of the Exchange Act.

  • Officer means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder.