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Re: ignatiusrielly35 post# 40005

Tuesday, 10/24/2017 1:31:01 PM

Tuesday, October 24, 2017 1:31:01 PM

Post# of 108192
[url][/url][tag]www.newsfilecorp.com/filing/edgar/schedule13g_vs_schedule13d.php[/tag]

From SEC site. There is nothing about filing 13G with 1% change in ownership. What am I missing?

Schedule 13G / SCH 13G

Beneficial owners defined as Passive Investors, Qualified Institutional Investors, and Exempt Investors pursuant to Rule 13d-1 of the Exchange Act are required to file Schedule 13G for possessing more than 5 percent of certain equity securities.

The due date for filing for the beneficial ownership statement depends on the category of the initial Schedule 13G filer:

Passive Investor 13d-1(c) Within 10 days of the acquisition of more than 5 percent but less than 20 percent.
Qualified Institutional Investor 13d-1(b) Within 45 days of the end of the calendar year in which the beneficial owner acquired more than 5 percent and within 10 days of the end of the calendar month in which the beneficial owner acquired more than 10 percent.
Exempt Investor 13d-1(d) Within 45 days of the end of the calendar year in which the beneficial owner acquired more than 5 percent.

The 45th day after the end of the calendar year corresponds to February 14. Should the due date of a Schedule 13G (or Schedule 13D) fall on a weekend or federal holiday, the filing deadline moves to the next business day.
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