Form 3

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Definition of 'Form 3'

Form 3 is a form that must be filed with the Securities and Exchange Commission (SEC) by any person who acquires or disposes of more than 5% of the outstanding shares of a publicly traded company. The form must be filed within 10 days of the transaction.

The purpose of Form 3 is to provide the SEC with information about who owns large blocks of stock in publicly traded companies. This information is important because it can help the SEC to identify potential conflicts of interest and to monitor for insider trading.

Form 3 must be filed by any person who acquires or disposes of more than 5% of the outstanding shares of a publicly traded company. This includes individuals, partnerships, corporations, and other entities.

The form must be filed within 10 days of the transaction. If the transaction is made in multiple parts, the form must be filed within 10 days of the last part of the transaction.

The form must include the following information:

* The name of the person filing the form
* The person's address
* The person's occupation
* The name of the company whose shares were acquired or disposed of
* The number of shares acquired or disposed of
* The date of the transaction
* The price per share of the transaction

Form 3 is an important document that helps the SEC to monitor the ownership of publicly traded companies. By filing Form 3, investors can help to ensure that the markets are fair and transparent.

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