Form 144 (SEC Form 1147) Notice of Proposed Sale of Securities Pursuant to Rule 144 Under the Securities Act of 1933

What Is Form 144 (SEC Form 1147)?

This is a legal form that was released by the U.S. Securities and Exchange Commission on August 1, 2007 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 144?
A: Form 144 is a notice of proposed sale of securities.

Q: What is SEC Form 1147?
A: There is no specific SEC Form 1147, it seems to be a mistake.

Q: What is Rule 144?
A: Rule 144 is a regulation under the Securities Act of 1933 that outlines the conditions for the sale of restricted or control securities.

Q: What is the Securities Act of 1933?
A: The Securities Act of 1933 is a federal law that regulates the offering and sale of securities in the United States.

Q: Who needs to file Form 144?
A: People who wish to sell restricted or control securities under Rule 144 need to file Form 144.

Q: What information is required in Form 144?
A: Form 144 requires information about the issuer, the securities being sold, the method of sale, and the intended sale date.

Q: Is filing Form 144 a guarantee of approval to sell securities?
A: No, filing Form 144 does not guarantee approval to sell securities. The form is a notice of proposed sale that must be filed with the Securities and Exchange Commission (SEC).

Q: Are there any filing fees for Form 144?
A: No, there are no filing fees for Form 144.

Q: What are restricted securities?
A: Restricted securities are securities acquired in unregistered, private sales or securities issued by the issuer that are subject to certain holding period requirements.

Q: What are control securities?
A: Control securities are securities held by an affiliate of the issuer, such as a director or a large shareholder.