Section 16 Compliance

SEC Section 16 compliance is complex and daunting. Or is it? Staying on top of Forms 3, 4, and 5 can be tricky business. Unless you have a master plan. With CT Corporation, you do. Using the hCue® SEC Module integrated directly into hCue Entity Manager, you'll manage insider activities and Section 16 compliance with confidence. Easily meet the SEC's 48-hour deadline. And create, e-file, and permanently store Forms 3, 4, and 5 automatically. When SEC requirements change, you'll be ready. The CT professional service team is by your side, from helping populate your hCue Entity Manager account with your company data, to customizing hCue to your specific needs. Over 14,000 filings were e-filed through hCue SEC Module in 2009 alone.

  • Automatically create electronic filings and intelligently manage the holding balances of insiders' direct and indirect securities
  • Accurately recalculate and adjust all security prices and share amounts in the event of a stock split
  • Capture and store all your Section 16 filing details and SEC responses within the system

Management

  • Automatically calculate “Amount Following Reported Transaction” and security holding balances for each reporting person, increasing efficiency and accuracy
  • Issue awards and set up postdated transactions for multiple insiders at one time, streamlining regular disbursements or grant planning
  • Automatically recalculate share balances and adjust share price for each security holding with the unique “One-Step Stock Split” feature
  • Generate Delinquent Transaction Reports and Transaction Journal Reports to save time when preparing proxies and statements of shares held for reporting persons
  • Easily manage joint insider groups and their filings

Preparation and E-filing

  • Avoid re-entering data by automatically creating and populating Forms 3, 4 and 5 with information from your hCue Entity Manager records—and preview the forms in a simple PDF format
  • Receive SEC filing status notifications directly within hCue
  • Store an unlimited number of re-usable global footnotes
  • Reuse data to quickly file amendment forms, and easily maintain a permanent record of your filings—including attachments, SEC e-mail responses, and SEC status reports

Compliance

  • Automatically validate that all fields and attachments comply with current SEC formats
  • Prevent accidental filing of duplicate forms, and avoid the chore of petitioning the SEC
  • Receive automatic updates on SEC Forms 3, 4, and 5 templates—stored in hCue Entity Manager for easy access