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Non-Tech : Ashton Technology (ASTN)
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To: mst2000 who wrote (1645)6/10/1999 9:58:00 PM
From: EyeDrMike  Read Replies (1) of 4443
 
Form 4:

Subsequent changes in ownership must be reported to the SEC on a Form 4 by the 10th day of the month following an insider's trade. Any trade by an insider in the month of January, for instance, must be reported to the SEC by February 10. To guard against any funny business just before becoming an insider, trades made up to six months prior to achieving the status must also be reported on a Form 4 soon after filing the Form 3. Filing requirements linger on for another six months after insiders lose their status as well. This helps stop abuses such as a director giving up his seat on a company's board just in time to buy as much stock as possible before an imminent merger.
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