What are the codes on a Form 4?

What are the codes on a Form 4?

What are the Form 4 transaction codes?

• General Transaction Codes. P – Open market or private purchase of securities.
• Rule 16b-3 Transaction Codes. A – Grant, award, or other acquisition.
• Derivative Securities Codes.
• Other Sections 16(b) Exempt Transactions and Small Acquisition Codes.
• Other Transaction Codes.

What is SEC Form 4 Code F?

F – Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.

What does Code M mean on a Form 4?

conversion of derivative security
F – Payment of exercise price or tax liability by delivering or withholding securities. I – Discretionary transaction, which is an order to the broker to execute the transaction at the best possible price. M – Exercise or conversion of derivative security.

What is an s4 filing?

SEC Form S-4 is filed by a publicly traded company with the Securities and Exchange Commission (SEC). It is required to register any material information related to a merger or acquisition. In addition, the form is also filed by companies undergoing an exchange offer, where securities are offered in place of cash.

Who Must File Form 4s?

Form 4 is required to be filed by a company or the individual at the company when there is a change in the holdings of company insiders. Form 4 must be filed with the SEC within two days of the transaction.

Who is an insider under section 16?

Section 16 imposes filing standards for “insiders,” and defines insiders as any officers, directors, or stockholders who possess stock that directly or indirectly results in beneficial ownership of more than 10% of the company’s common stock or other class of equity.

What is a Form 4 used for?

Form 4 is a two-page document, which covers any buy-and-sell orders, as well as the exercise of company stock options. Options are contracts that give the holder the right, but not the obligation to buy or sell a stock at a certain price, and by a specific date.