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Whalatane

12/28/19 4:15 PM

#237597 RE: sharinky #237588

Sharinky ..thx for the DD

So the key part for the Baker Bros ( qualified institutional investors ) is the following

" thereafter within 10 calendar days of the end of any month in which the person's beneficial ownership increases or decreases more than 5% computed as of the end of the month. Rule 13d-1(b)(2) and 13d-2(c)"

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So by Jan 10th we will know if the Baker Bros have increased or decreased their position in AMRN by more than 5% during Dec 2019 ?

Correct ?
thx
Kiwi

HDGabor

12/28/19 4:30 PM

#237599 RE: sharinky #237588

s-

We should get an annual update around 2/13.

All Filers: Within 45 calendar days after the end of the calendar year to report any change in the information.

My "reading" / understanding: around 01/10

B. Filing Periods for Passive Investors Filing on Schedule 13G

As adopted, Passive Investors choosing to file a Schedule 13G will file the initial schedule within 10 calendar days of crossing the five percent threshold. Requiring the filing within 10 days, rather than the 45 days following year end as is currently applicable to Qualified Institutional Investors and Exempt Investors, will provide more timely notice to the market and to investors of the existence of voting blocks that have the potential of affecting or influencing control of the issuer.

Amendments to Beneficial Ownership Reporting Requirements

Best,
G