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COUNCIL COMMUNICATION Meeting Date:Agenda Item:Agenda Location:September 28, 2021128Action ItemsGoal(s):Legal Review:w__ll_ 1st Reading __ 2nd Reading ordinance amending Sections 6660 and 6665 of
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12b cc and ord refer to forms used by corporations to report changes in their securities ownership. Specifically, 12b-25 is used to report late filings of 12b-25c and 12b-25d forms.
Corporations listed on a national securities exchange are required to file 12b cc and ord forms with the Securities and Exchange Commission (SEC).
To fill out 12b cc and ord forms, corporations need to provide information about changes in their securities ownership, such as changes in the number of shares held by insiders or significant shareholders.
The purpose of 12b cc and ord forms is to inform investors and the public about changes in securities ownership within a corporation.
Information such as changes in the number of shares held by insiders, significant shareholders, and other related parties must be reported on 12b cc and ord forms.
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