What is a 14a-8 proposal?

Proposals under Rule 14a-8. Rule 14a-8(i)(1) provides that a proposal is excludable when it is not a proper subject for action by shareholders under the laws of the jurisdiction of the company’s organization.

What is SEC Rule 14a-8?

In Rule 14a-8, the Commission has provided a means by which shareholders can present proposals for the shareholders’ consideration in the company’s proxy statement. This process has become a cornerstone of shareholder engagement on important matters. Rule 14a-8 sets forth several bases for exclusion of such proposals.

What is a Schedule 14a filing?

SEC Form DEF 14A, also known as a “definitive proxy statement,” is a required filing when a shareholder vote is required. The Form DEF 14A outlines the list of items up for vote by shareholders, such as the hiring of new directors or other business decisions.

What is regulation 14a?

Rule 14a-18 — Disclosure regarding nominating shareholders and nominees submitted for inclusion in a registrant’s proxy materials pursuant to applicable state or foreign law, or a registrant’s governing documents. Rule 14a-20 — Shareholder approval of executive compensation of TARP recipients.

What is a shareholder group limit?

Common Stock Ownership Limit means not more than 9.8% (in value or in number of shares, whichever is more restrictive) of the aggregate of the outstanding shares of Common Stock of the Company.

What is a Schedule 14?

A Schedule 14-C attorney prepares a proxy statement when a public company holds its stockholders’ meeting each year and when the issuer holds special meetings to vote on corporate actions such as name changes and mergers. Other times, public companies take action by the written consent of the issuer’s shareholders.

What is the minimum percentage of share to control a company?

50%
50% This percentage is most often regarded as being key for ‘control’.