Rule 144


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Rule 144

Restricts solicitation of buyers to complete the sell order of an insider (unless the firm is already a buyer); signified by a flashing "E" on Quotron.

Rule 144

An SEC rule that allows the executive of a publicly-traded company who owns restricted stock to sell some shares without registering them with the SEC. An executive may do this once every six months if he/she has held the shares for at least two years.

Rule 144

An SEC rule that permits a corporate executive who owns a large amount of his or her firm's stock that has not been bought in the open market to sell a portion of the stock every six months following a holding period of two years without having to file a formal registration statement with the SEC.
References in periodicals archive ?
As of this date there are 1,425,000 Class A RULE 144 warrants exercisable at $.
Two common restrictions placed on the sale of stock acquired through the exercise of nonstatutory options are SEC Rule 144 and Section 16(b) of the Securities Exchange Act of 1934.
However, the Appeals Committee supported the Rules Committee's assessment that an off-color comment to Daniels favorably comparing Sylmar to San Fernando broke IAC rule 144, which prohibits improper contact with a player from another school.
Rule 144 is the principal safe harbor used by shareholders holding restricted stock in public companies to resell their shares.
Chairman Emeritus and presently a member of the Board of Directors of Versar, have initiated the sale of up to 8,000 shares by each under Rule 144 of the Securities and Exchange Act of 1934 through two Rule 10b5-1 plans (planned sale.
Under the Tanner-Frank Foundation's Rule 10b5-1 Plan, the Foundation may sell up to 500,000 shares of currently owned Landec common stock (representing less than 2% of Landec's outstanding stock) subject to Rule 144 requirements and certain market price thresholds set forth in the Plan.
stock from time to time under Rule 144, as part of his ongoing program of tax planning and tax diversification, and any such sales will be reported when made in accordance with Rule 144.
WR or an affiliate of WR has been/will be or may be compensated in Rule 144 stock of the Company for the publication and circulation of these reports.
Of the company's outstanding shares, 4,284,878 are freely tradable without restriction or further registration under the Securities Act of 1933, except that any shares held by "affiliates" of the company, as that term is defined in Rule 144 under the Securities Act, generally may be sold only in compliance with the limitations of Rule 144 described below.
Snyder, Vice Chairman of FactSet's Board of Directors and a founder of the Company, has sold one million shares of the Company's common stock in a Rule 144 transaction.
Additionally, Diedre Benson, spouse of the Chairman and CEO of CHCA, will convert $555,722 of convertible debt into 1,111,444 shares of the Company's common stock which will also be restricted by Rule 144.
Sales made under TPG's Rule 10b5-1 plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission and will be effected in accordance with Rule 144 under the Securities Act of 1933, including the volume limitations of Rule 144(e).