Personal Securities Transaction definition

Personal Securities Transaction means any transaction in a Covered Security in which an Access Person has a direct or indirect Pecuniary Interest.

Personal Securities Transaction means a transaction in a Security in which an individual has or thereby acquires Beneficial Ownership. A person shall be considered to be “engaging in” or “effecting” a Personal Securities Transaction if such a Security is involved, regardless of whether the transaction is effected by that person or by some other person (such as an immediate family member). However, a person shall not be considered to be “engaging in” or “effecting” a Personal Securities Transaction if such transaction is executed through a pre-established automatic investment plan or dividend reinvestment plan.

Personal Securities Transaction means a Reportable Transaction in which an Access Person has Beneficial Ownership in the security.

Examples of Personal Securities Transaction in a sentence

• If a person covered by this Policy is unsure whether any particular information constitutes material, nonpublic information, then he or she shall consult Compliance Counsel (as defined below) before initiating any transaction on behalf of the NC Funds or Personal Securities Transaction with respect to the subject security.

• Quarterly Personal Securities Transaction Report: See Section 9 of this manual for detailed information.

• A Personal Securities Transaction of a security on the Prohibited Securities List is prohibited until the Date Removed.

• A Board member, Designee, and Covered Employee may not undertake a Personal Securities Transaction of a security that is included on the Prohibited Securities List, which are those securities directed to be placed on the list by the Chief Compliance Officer pursuant to Section IV of this Policy.

• Board members, Designees, and Covered Employees may not commit to placing an order for a Personal Securities Transaction when they have advance knowledge that a securities transaction being made by a third-party on behalf of SERS (“SERS Transaction”) is pending in a security of the company that is the subject of the Personal Securities Transaction.

More Definitions of Personal Securities Transaction

Personal Securities Transaction means the acquisition or disposition of Beneficial Ownership of a Reportable Security or Reportable Fund.

Personal Securities Transaction means a transaction in a security in which a person has or thereby acquires Beneficial Ownership. A person is considered to be “engaging in” or “effecting” a Personal Securities Transaction if the person, directly or indirectly, directs, participates in or receives advance notification or advice regarding such transaction.

Personal Securities Transaction means a transaction in a Security which (i) an Access Person effects for his or her own account or for an account over which he or she has Beneficial Ownership, or (ii) that a person who is not an Access Person effects if an Access Person is a Beneficial Owner of such Security (for example, transactions made by an Access Person’s spouse).

Personal Securities Transaction means the acquisition or disposition of Beneficial Ownership of a Reportable Security.

Personal Securities Transaction means the execution, either directly or indirectly, of any "purchase or sale of a security."

Personal Securities Transaction means a transaction in a Security in which a person has or thereby acquires Beneficial Ownership. A person shall be considered to be "engaging in" or "effecting" a Personal Securities Transaction if the person, directly or indirectly, directs, participates in or receives advance notification or advice of or regarding such transaction. A person shall not be considered to be "engaging in" or "effecting" a Personal Securities Transaction if such transaction is effected on the person's behalf by an independent fiduciary or broker with investment discretion, provided the person did not, directly or indirectly, direct, participate in or receive advance notification or advice of or regarding such transaction.

Personal Securities Transaction means (i) transactions for your own account, including IRA's, or (ii) transactions for an account in which you have indirect beneficial ownership, unless you have no direct or indirect influence or control over the account. Accounts involving family (including husband, wife, minor children or other dependent relatives), or accounts in which you have a beneficial interest (such as a trust of which you are an income or principal beneficiary) are included within the meaning of "indirect beneficial interest."