Insider Report for Trusts
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Filing Process for Trusts |
Where a trust owns or controls more than 10% of the voting rights of a reporting issuer, the trust reports holdings and transactions in the same manner as any other insider, except:
The Trust is the Filer
Ownership type: Direct Ownership or Control or Direction, as appropriate.
If you are the beneficial owner of securities held in trust representing more than 10% of the issued capital, you must also report your holdings and transactions. The key points are:
Ownership type: Indirect
Disclose the name of the trust as the registered holder.
Trusts Involving Insiders
If you are an insider and you are the beneficial owner of the securities held in trust, you must report the holdings and transactions of the trust on your insider report. The key points are:
Ownership type: Indirect
Disclose the name of the trust as the registered holder
Where there is more than one trust, you should not aggregate securities held through different trusts. Disclose the name of each trust as a separate registered holder and indicate the number of securities held by each trust separately.
If you are an insider and you exercise control or direction over securities held in trust, you must report the holdings and transactions of the trust on your insider report. The key points are:
Ownership type: Control or Direction
Disclose the name of the trust as the registered holder
Where there is more than one trust, you should not aggregate securities held through different trusts. Disclose the name of each trust as a separate registered holder and indicate the number of securities held by each trust separately. |
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Instructions for Filing an Insider Report |
Instructions to file an insider report for a trust is similar to filing a common share transaction or a stock option transaction with the exceptions noted above. |