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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Jackson who wrote (105729)11/13/2003 3:38:32 PM
From: TGPTNDRRead Replies (1) | Respond to of 275872
 
Bill, Re: <Does Jerry hold any restricted stock?>

IMO, all his shares are, by definition, Control shares since he is the Chairman of AMD.

Q. Who is a control person?
A. A control person, or affiliated person, is an individual in a position to exert direct influence on the actions of an issuer. For example, officers, directors, policy-making executives, major shareholders (generally own 10% or more of outstanding shares), and other people who are in a position to directly or indirectly control the management of the company are considered control persons. This includes spouses, family members who live with them, and other entities such as trusts or corporations affiliated with control persons, as defined in Rule 144.
Sale of an issuer's securities by a control person or an insider of the issuer is subject to restrictions, regardless of whether the security is restricted or purchased in the market. A control person must complete Rule 144 documentation and comply with Rule 144 when selling control stock. Control securities are securities acquired by control persons or affiliates as described in this section.


-tgp