Or. Admin. Code § 836-024-0115

Current through Register Vol. 63, No. 10, October 1, 2024

Section 836-024-0115 - Filing of Statements

(1) A person who is required by ORS 732.430 to file a statement of beneficial ownership of equity securities shall file the initial statement on Form 3, which is prescribed in Exhibit 1 to this rule. A person who is required by ORS 732.430 to file a statement of change in beneficial ownership shall file the statement of change on Form 4, which is prescribed in Exhibit 2 to this rule.

(2) A director or officer who is required to file a statement of change on Form 4 shall include in the first statement of change the information required by Form 4 with respect to all changes in the beneficial ownership of equity securities of the insurer that occurred within six months prior to the date of the changes that required the filing of the statement, when a change occurs in the director's or officer's beneficial ownership of equity securities:

(a) Within six months after the director or officer became a director or officer of the insurer; or

(b) Within six months after a statement relating to the equity securities of the insurer has been filed with the Director, pursuant to ORS 732.430.

(3) A person who has ceased to be a director or officer of an insurer that has equity securities for which a statement is filed under ORS 732.430, or who is a director or officer of an insurer when the insurer ceased to have any equity securities for which a statement is filed under ORS 732.430, shall file a statement on Form 4 with respect to any change in the person's beneficial ownership of equity securities of the insurer if the change occurs:

(a) On or after the date on which the person ceased to be a director or officer or the date on which the insurer ceased to have any such equity securities, as the case may be; and

(b) Within six months after any change in the beneficial ownership of the securities prior to the date in subsection (a) of this section.

Or. Admin. Code § 836-024-0115

ID 16-2006, f. & cert. ef. 8-7-06

Exhibits referenced are available from the agency.

Stat. Auth: ORS 731.244, 732.420, 732.430, 732.435, 732.445, 732.450, 732.455

Stats. Implemented: ORS 732.420 - 732.455