Question

An affiliate must file a notice of a proposed sale under Rule 144 with the SEC under which of the following scenarios?

I. The sale involves more than 5,000 shares in any three-month period
II.The sale involves an unaccredited investor
III. The sale takes place six months after the original allocation of shares
IV. The aggregate dollar amount is greater than $50,000 in any three-month period

Answer 1

An affiliate must file a notice of a proposed sale under Rule 144 with the SEC under certain scenarios, including when the sale involves a certain number of shares, when it takes place after a specific time period, or when the aggregate dollar amount exceeds a certain threshold.

Step-by-step explanation:

An affiliate must file a notice of a proposed sale under Rule 144 with the SEC under the following scenarios:

1. The sale involves more than 5,000 shares in any three-month period.
2. The sale takes place six months after the original allocation of shares.
3. The aggregate dollar amount is greater than $50,000 in any three-month period.

An affiliate must file a notice of a proposed sale under Rule 144 with the SEC under certain scenarios, including when the sale involves a certain number of shares, when it takes place after a specific time period, or when the aggregate dollar amount exceeds a certain threshold.

These scenarios are the criteria for when an affiliate must file a notice of a proposed sale with the SEC under Rule 144.