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This document is a submission to the SEC detailing changes in the beneficial ownership of securities, filed by David M. Lederman, a director of ABIOMED Inc., reporting transactions that took place on June 6, 2005. It includes information such as the number of securities acquired, disposed of, and the reporting person’s relationship to the issuer.
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Form 4 is a document used by corporate insiders to report their trades in the company's securities to the Securities and Exchange Commission (SEC).
Corporate officers, directors, and beneficial owners of more than 10% of a class of equity securities are required to file Form 4.
Form 4 can be filled out electronically through the SEC's EDGAR system. It requires detailing the transaction type, date, and price, along with the number of shares bought or sold.
The purpose of Form 4 is to provide transparency regarding insider trading activity and to keep investors informed about changes in ownership by corporate insiders.
Form 4 requires reporting of the names of the reporting person, relationship to the issuer, transaction date, transaction type, number of shares, price, and the nature of the ownership.
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