Insider Transactions and Forms 3, 4 and 5.

“The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to help educate investors about SEC Forms 3, 4, and 5. The federal securities laws require certain individuals (such as officers, directors, and those that hold more than 10% of any class of a company’s securities, together we’ll call, “insiders”) to report purchases, sales, and holdings of their company’s securities by filing Forms 3, 4, and 5.” This bulletin is of note to potential wrongdoings that could be related to executive compensation including in properly making stock and options awards.