How to Prepare “Beneficial Ownership Tables” for Directors & Officers for the Proxy

As part of your proxy statement filed with the SEC, you will include a beneficial ownership table that discloses what your directors & officers own for your own company’s stock under Item 403(b) of Regulation S-K.

At the 6:17 mark, Roland Kelly of Velocity Financial joins us to discuss:

• What determination date do you use for your calculations
• What is required to be included in the numerators and denominators for directors & officers individually
• What diligence do you do for the amounts included for directors & officers individually
• How about numerators and denominators for D&Os as a group
• What types of footnotes for directors & officers are sometimes used
• Where do you like this table to be placed the proxy?
• How can you fix errors

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