31 Pa. Code § 21.39

Current through Register Vol. 54, No. 25, June 22, 2024
Section 21.39 - Qualified or restricted stock options; acceptance of general tender offers

The disposition of an equity security acquired under a qualified or restricted stock option by means of the acceptance of a tender offer made to all stockholders of the company generally shall not be considered the sale of an equity security for the purposes of section 302.1(2) of the act (40 P. S. § 422.1(2)).

31 Pa. Code § 21.39