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The Differences Detween a Schedule 13D and a Schedule 13G

A Schedule 13D must be filed with the SEC under Rule 13D. This form is required when a person or group acquires more than 5% of any class of a company’s shares. This information must be disclosed within ten (10) days of the transaction. Rule 13D requires the owner to also disclose any other person who has voting power or the power to sell the security<br><br>See more: http://www.borerfinancial.com/download-sec-filing-forms/<br>

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The Differences Detween a Schedule 13D and a Schedule 13G

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  1. The Differences Detweena Schedule 13D and a Schedule 13G A Schedule 13D must be filed with the SEC under Rule 13D. This form is required when a person or group acquires more than 5% of any class of a company’s shares. This information must be disclosed within ten (10) days of the transaction. Rule 13D requires the owner to also disclose any other person who has voting power or the power to sell the security.

  2. This form is used to report a party’s ownership of stock A Schedule 13G is similar to the Schedule 13D. This form is used to report a party’s ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore, must be reported to the public. There are several ways for an investor to be eligible to file a Schedule 13G rather than a Schedule 13D.

  3. An investor who is a “qualified institutional investor”. Qualified institutional investors are • Brokers, banks, investment advisors, or other types of institutions • These types of investors must file an initial Schedule 13G with the SEC within forty-five (45) days of the end of the calendar year in which they exceeded the 5% ownership threshold.

  4. An investor who is a “passive investor”. A passive investor is an individual whom • Has not acquired the securities with the purpose of changing or influencing the control of the issuer • Does not directly or indirectly beneficially own more than 20% of the issuer’s securities These types of investors must file an initial Schedule 13G with the SEC within ten (10) days of crossing the 5% ownership threshold.

  5. http://www.borerfinancial.com/ 201-939-9297 info@borerfinancial.com https://www.facebook.com/jacquelinedoris.borer https://www.linkedin.com/in/jacquelineborer/

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