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Politics : Foreign Policy Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (2601)	1/22/2003 1:57:01 PM
From: Alastair McIntosh	Respond to of 15987

zonder, I do know what business you purport to be in. If you are a portfolio manager you should know that a Form 4 is not filed for a proposed sale. The form used for that is a 144. The form 4 (STATEMENT OF CHANGES OF BENEFICIAL OWNERSHIP OF SECURITIES) is filed after the sale. No one ever went to jail for late filing a Form 4. Also, it is clear that the lockup letter was for a proposed stock offering which did not go ahead. The lockup therefore became irrelevant. In any case, I as posted previously, the SEC did not think the lockup letter was relevant in their investigation. It was not even mentioned.