Final Rule
Exemption of Compensatory Employee Stock Options From Registration Under Section 12(G) of the Securities Exchange Act of 1934
Overview
We are adopting two exemptions from the registration requirements of the Securities Exchange Act of 1934 for compensatory employee stock options. The first exemption will be available to issuers that are not required to file periodic reports under the Exchange Act. The second exemption will be available to issuers that are required to file those reports because they have registered under Exchange Act Section 12 a class of security or are required to file reports pursuant to Exchange Act Section 15(d). The exemptions will apply only to the issuer's compensatory employee stock options and will not extend to the class of securities underlying those options.
Prior Actions
Proposed Rule (34-56010)
Release Number
34-56010
SEC Issue Date
July 5, 2007
Federal Register Publish Date
July 10, 2007
Document Citation
72 FR 37607
RIN
3235-AJ91
Resources
Details
File Number
S7-14-07
Rule Type
Final
Release Number
34-56887
SEC Issue Date
Dec. 3, 2007
Effective Date
December 7, 2007
Federal Register Publish Date
Dec. 7, 2007
Document Citation
72 FR 69553
RIN
3235-AJ91