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Microcap & Penny Stocks : DCH Technologies (DCH) -- Ignore unavailable to you. Want to Upgrade?

To: Dan B. who wrote (1127)	4/15/1999 4:38:00 PM
From: trader	Respond to of 2513

biz.yahoo.com Insider Trade Basics Yahoo! Insider Trades tracks trading activity and planned sales of insiders for publicly traded U.S. companies and planned sales of insiders and shareholders for restricted stock. Provided by CDA/Investnet, they are updated on a daily basis, and include one year's worth of history. Trades are not adjusted for stock splits. Data from the following Securities & Exchange Commission (SEC) forms are available: Form 3: Initial Statement of Ownership Form 4: Statement of Changes in Beneficial Ownership Form 5: Annual Statement of Changes in Beneficial Ownership Form 144: Intention to Sell Restricted Securities Who Is An Insider? An insider is an officer, director, person with a policy-making role, or beneficial owner (holder of 10% or more) of a company's stock. Insiders are both individuals and corporations, and are required to report their: Direct Holdings - holdings that are held in the name of the insider; and Indirect Holdings - holdings that are controlled by the insider, yet are held by another entity such as a family member, a trust, a company plan, or even a corporation to which the insider is affiliated. In many cases, the same block of indirect stock may be claimed by several insiders, such as a group of trustees over the same trust, or several partners in the same partnership. Some insiders hold all of their stock indirectly. Form 144: Intention To Sell Restricted Securities Form 144 filings are indicated by ''Planned Sale''. Form 144s must be filed as notice of the proposed sale of restricted securities. Restricted securities are those that are acquired directly or indirectly from an issuer or an affiliate in a transaction (or chain of transactions) not involving a public offering. *****************Read this part Street******************* Not all Form 144 filers are insiders. Any entity owning restricted stock must file a Form 144 prior to selling the restricted stock. Any insider who files a Form 144, must file a Form 4 if and when the sale is completed. To determine if a given filer is an insider, you may click on the insider name. If the individual is listed as a shareholder, they are not an insider. An insider may file a Form 144 and not actually complete the sale. If the sale was completed, the insider should have filed a Form 4, indicating the transaction was completed. Form 144s contain additional information which may be beneficial. The data includes the name of the brokerage firm, insider's address, phone number, and the dollar amount of transaction. The amount of stock an insider may sell is ''restricted'' by a number of factors, such as shares outstanding, trading volumes, etc. The Form 144 must be filed prior to, or on the approximate date, of sale. Insiders are governed by SEC regulations when they file a Form 144. The following considerations should be kept in mind when you are searching Form 144s. These considerations apply to insiders only - see the above definition (not shareholders or restricted stock owners ): The filing of Form 144 is not required in any case where the amount of stock to be sold during any three (3) month period does not exceed 500 shares and the aggregate sale value does not exceed $10,000. If the seller does not sell all the stock covered by the form within 90 days after the filing, the filing process must be repeated before the commencement of further sales, except in cases where the passage of time has extended the seller's holding period.