Designated Insider definition

Designated Insider means a director, officer or employee of the Company or a subsidiary that the Company designates as a person who is subject to certain trading restrictions due to their access to Privileged or Price-Sensitive Information about the Company, including, without limitation, “key management personnel” or “KMP” having authority and responsibility for planning, directing and controlling the activities of the Company whether directly or indirectly, and family members and closely connected persons of such people designated by the Company as being subject to certain trading restrictions.

Designated Insider means Nuvei Personnel that the Corporation has designated as a person who is subject to certain trading restrictions due to their access to undisclosed Material Information about Nuvei.

Designated Insider means a Saturn Member that the Company designates as a person who is subject to certain trading restrictions due to their access to Privileged Information about Saturn.

Examples of Designated Insider in a sentence

• No Designated Insider should trade in securities of the Company within ten (10) days after the termination of a 10b5-1 plan.

• As required by Rule 10b5-1, a Senior Vice President and above, Designated Insider or director may enter into a trading plan only when he or she is not in possession of Material Nonpublic Information.

• If a Designated Insider is denied clearance, they shall refrain from transacting in Company securities and shall not inform any other person of the denial of pre-clearance.

• A Designated Insider who is a director or executive officer must give notice to the General Counsel of completion of any transaction in the Company securities, in order that the General Counsel can help such person to meet his or her Form 4 reporting obligations.

• The Designated Insider may claim a defense to insider trading liability if the transactions under the trading plan occur at a time when the Designated Insider is in possession of material nonpublic information.

More Definitions of Designated Insider

Designated Insider means a CGI Member that the Company designates as a person who is subject to certain trading restrictions due to their access to Privileged Information about CGI.

Designated Insider means any Employee whose principal responsibilities are performed at the corporate headquarters offices of Hornbeck Offshore Services, Inc. “Designated Insider” shall also include any other Employee specifically designated as a Designated Insider by the Chief Executive Officer of Hornbeck Offshore Services, Inc. or the Compliance Officer.

Designated Insider means GURU Personnel that the Company has designated as a person who is subject to certain trading restrictions due to their access to undisclosed material information about GURU.

Designated Insider means Kobo Personnel that the Corporation has designated as a person who is subject to certain trading restrictions due to their access to undisclosed Material Information about Kobo.

Designated Insider means Taiga Personnel that the Corporation has designated as a person who is subject to certain trading restrictions due to their access to undisclosed Material Information about Taiga, including all Taiga Personnel who are in the finance department.

Designated Insider means Theratechnologies Personnel that the Corporation has designated as a person who is subject to certain trading restrictions due to their access to Privileged Information about Theratechnologies.

Designated Insider means a person who, regardless of his or her actual knowledge of Inside Information, is in a position that he or she is considered to typically have access to Inside Information. Examples of Designated Insiders include (without limitation):