Pennsylvania Code
Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 6234 (September 28, 2024).

31 Pa. Code § 21.39. Qualified or restricted stock options; acceptance of general tender offers.

§ 21.39. Qualified or restricted stock options; acceptance of general tender offers.

 The disposition of an equity security acquired under a qualified or restricted stock option by means of the acceptance of a tender offer made to all stockholders of the company generally shall not be considered the sale of an equity security for the purposes of section 302.1(2) of the act (40 P. S. §  422.1(2)).


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