Get the free SHAREHOLDER 144 REPRESENTATION FORM

This form is used by shareholders to request the release of restricted legend from their shares and confirm their ownership status in relation to the company.

How to fill out shareholder 144 representation form

How to fill out SHAREHOLDER 144 REPRESENTATION FORM

1. Obtain the SHAREHOLDER 144 REPRESENTATION FORM from the appropriate source.
2. Read the instructions carefully to understand the requirements.
3. Fill in your personal details such as name, address, and contact information.
4. Provide the necessary share details, including the type of shares and number of shares owned.
5. Include a statement confirming that you meet the requirements under Rule 144.
6. Review the form for any errors or omissions.
7. Sign and date the form to validate your representation.
8. Submit the completed form to the relevant authority or organization as specified in the instructions.

Who needs SHAREHOLDER 144 REPRESENTATION FORM?

1. Any shareholder who intends to sell restricted or unregistered securities under Rule 144.
2. Investors seeking to ensure compliance with securities regulations when transferring ownership of shares.
3. Companies that wish to confirm the status of their shareholders in regard to Rule 144.

People Also Ask about

What is the rule of 144?

Rule 144 allows selling restricted, unregistered, or controlled securities publicly without registration if certain requirements are met. Holding period is 6 months for public companies, 1 year for non-reporting companies, and up to 2 years for non-reporting companies.

What is Form 144 in the stock market?

This Form must be filed with the SEC by an affiliate of the issuer as a notice of the proposed sale of securities in reliance on Rule 144 , when the amount to be sold under Rule 144 by the affiliate during any three-month period exceeds 5,000 shares or units or has an aggregate sales price in excess of $50,000.

What is the Rule 144 for public information?

Rule 144 is an exemption to the Securities Act of 1933 that allows the public sale or resale of restricted, unregistered, and control securities under certain conditions without triggering registration requirements.

What is a Rule 144 letter?

Rule 144 provides an exemption and permits the public resale of restricted or control securities if a number of conditions are met, including how long the securities are held, the way in which they are sold, and the amount that can be sold at any one time.

How long is a Form 144 good for?

Form 144 includes a timeline. This form must be filed by the time the shares are put up for sale, and the sale must take place within 90 days of the filing of this form. If the shares are not sold within this time frame, a new Form 144 must be filed.

What is a shareholder representation letter?

Shareholder Representation Letter means a letter, in form and substance reasonably satisfactory to the Company, to be executed by the shareholders of Zoi containing provisions addressing stock ownership, securities law investment representations and such other matters consistent with this Agreement as the Company may

What is Rule 144 representation letter?

To support its opinion, the issuer's counsel will require the seller to provide it with a representation letter or certification that demonstrates the seller's compliance with Rule 144 by confirming (1) the seller's affiliate status, (2) the manner in which the seller acquired the securities, (3) when the seller

What is the Rule 144 date in Carta?

Rule 144 Date Defined: Marks the start of the holding period for restricted securities, critical for legal resale timelines. Holding Periods: 6 months for reporting companies; 1 year for non-reporting companies, with settlement cycles impacting timing.

For pdfFiller’s FAQs

What is SHAREHOLDER 144 REPRESENTATION FORM?

The SHAREHOLDER 144 REPRESENTATION FORM is a document used by shareholders to represent their intent to sell securities under Rule 144 of the Securities Act of 1933, which provides a safe harbor for the resale of restricted and control securities.

Who is required to file SHAREHOLDER 144 REPRESENTATION FORM?

Shareholders who are looking to sell restricted or control securities in compliance with Rule 144 are required to file the SHAREHOLDER 144 REPRESENTATION FORM.

How to fill out SHAREHOLDER 144 REPRESENTATION FORM?

To fill out the SHAREHOLDER 144 REPRESENTATION FORM, complete the required sections including identification information, the nature of the securities being sold, the seller's relationship to the issuer, and any other necessary declarations related to compliance with Rule 144.

What is the purpose of SHAREHOLDER 144 REPRESENTATION FORM?

The purpose of the SHAREHOLDER 144 REPRESENTATION FORM is to provide information to issuers and potential buyers to demonstrate that the proposed sale of securities conforms to the requirements of Rule 144.

What information must be reported on SHAREHOLDER 144 REPRESENTATION FORM?

The information that must be reported on the SHAREHOLDER 144 REPRESENTATION FORM typically includes the shareholder's personal information, details about the securities being sold, affirmations regarding the hold period, and disclosures about the seller's relationship to the issuer.