Examples of Quarterly Blackout Period in a sentence
The Company shall use its commercially reasonable efforts to notify the Holders in writing not less than two (2) calendar days prior to the commencement and ending of a Black-Out Period, other than a Quarterly Blackout Period.
If you are an Executive Officer or Director of the Company, you are subject to certain restrictions on trading, including a prohibition from trading in Company stock during a Quarterly Blackout Period.
Trading Windows open after 2 full trading days following each Quarterly Blackout Period End Date.
If a person separates from the Company during a Trading Window (as defined in sub- section 5.3 of this Policy) and does not possess Material Non-Public Information as of their separation date, they generally will not be subject to the next Quarterly Blackout Period.
Any person made aware of the existence of an Event-Specific Blackout Period should not disclose the existence of the blackout to any other person.Remember: Even if there is no Quarterly Blackout Period or Event-Specific Blackout Period in effect, any person possessing material non-public information concerning Global Ship Lease should not engage in any transactions in securities of Global Ship Lease until such information has been made public and absorbed by the market.
Stock options may be exercised, but the stock acquired by an exercise may not be sold during a Quarterly Blackout Period.
While such material nonpublic information is pending, the Company may impose special blackout periods during which Covered Persons are prohibited from trading in the Company’s securities (the “Special Blackout Period” and collectively with the Quarterly Blackout Period, the “Blackout Period”).
Trading restrictions under Quarterly Blackout Periods and Event-Specific Blackout Periods do not apply to transactions made under an approved Rule 10b5-1 trading plan, although Rule 10b5-1 trading plans may not be adopted during a Quarterly Blackout Period or Event-Specific Blackout Period.
In addition, you may not enter into a trading plan during a Quarterly Blackout Period or Event-Specific Blackout Period (described below).
Because Covered Persons are likely to obtain material nonpublic information on a regular basis, Atlanticus requires all Covered Persons to obtain a pre-clearance, even outside a Quarterly Blackout Period and an Additional Blackout Period, from the Compliance Officer for all transactions in Atlanticus’ securities.