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TC 59109 INSTRUCTIONS Page 1 of 9Overview & Eligibility The completion of the ferry annual report TC 59109 is a requirement of Kentucky Revised Statute 280.060 and Kentucky Administrative Regulation
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TC 59-109 instructions 1 provides guidance on how to complete and file Form 59-109, which is used by corporations to report information about grants of options and other rights to acquire securities.
Corporations that grant options or other rights to acquire securities to their employees or other individuals are required to file Form 59-109 and follow the instructions provided.
Form 59-109 must be completed according to the instructions provided in TC 59-109, including entering accurate and relevant information about the grants of options and other rights to acquire securities.
The purpose of TC 59-109 instructions 1 is to ensure that corporations report accurate and timely information about grants of options and other rights to acquire securities, in compliance with regulatory requirements.
On Form 59-109, corporations must report details of the grants of options and other rights to acquire securities, including the number of securities, exercise prices, expiry dates, and other relevant information.
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