I am searching for the definition of a "restricted stock".Hi,Restricted stock is stock that has restrictions on selling. Typically it is stock issued to employees through stock options prior to the company going public.http://www.investopedia.com/terms/r/restrictedstock.asp"Generally refers to stock purchased in a private placement directly from an issuer before the company is public. It may also have been acquired through a merger or acquisition. Restricted stock cannot be sold without registration under the Securities Act of 1933 or through a special exemption."Rule 144 covers Sale of this stock.http://www.investopedia.com/terms/f/form144.asp"Form 144Also known as Rule 144, this is a form which must be filed with the SEC when an executive officer, director or affiliate of a company places an order to sell that company's stock. There are five basic requirements to sell under 144: -The form must be filed properly.-Adequate current public information must be available. For example, required reports such as the 10K and 10Q forms must have been filed with the SEC.-Volume limitations have to be met. One limitation is the sale must not be greater than 1% of outstanding shares.-The transaction must be made by a stockbroker in accordance with certain procedures and rules.-If the securities are restricted they cannot be sold until one year after the date the affiliate paid the entire purchase price."Fool On,Keith O'MalleyTMF KGOMalleyInteresting Links: http://boards.fool.com/Message.asp?mid=15120702
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