Section 16

In June 2013, the U.S. Supreme Court struck down Section 3 of the federal Defense of Marriage Act and thus required federal recognition of same-sex marriage recognized under state law. This article considers the impact of this decision on SEC regulations affecting public companies and other fundamental SEC rules that will be affected by the immediate change. The article also examines the impact to definitions and concepts important in the administration of most stock incentives, human resources and employee benefits.

On July 2, 2008, the SEC staff issued a no-action letter to the Society of Corporate Secretaries and Governance Professionals permiting insiders to report same-day, same-way purchases and sales on an aggregate basis, i.e., on single line of Form 4 (or a late Form 5), even though the transactions occur at different prices.

An outline of considerations under Section 16.

The SEC is planning to require electronic filing for Form 144, to give affiliates extra days to file it, and to add Rule 10b5-1 plan info to Forms 4 and 5.

The SEC has updated the signature requirements for Forms 3, 4, and 5 to allow electronic signatures and to allow electronic copies of the forms to be retained.

What can you do when you are up against a Form 4 filing deadline and your power goes out or EDGAR is down? Filing date adjustments to the rescue--learn all about them in today's blog entry.

Q&A and Practice Tips from the authority on Section 16

The latest developments and compliance requirements for Section 16.

Q&A and Practice Tips from the Expert

This is an informal survey of NASPP members about their Section 16 procedures.

Statement of changes of beneficial ownership of securities.

Statement of changes of beneficial ownership of securities.

This release covers ownership reports and trading by officers, directors and principal security holders.