This excerpt taken from the AMZN 8-K filed Jun 3, 2005.
Item 5.04 Temporary Suspension of Trading Under Registrants Employee Benefit Plans
On May 31, 2005, Amazon.com, Inc. (Amazon.com) notified participants in the Amazon.com, Inc. 401(k) Plan (the Plan) that The Vanguard Group (Vanguard) had been selected as the new recordkeeper and fund manager for the Plan. In order to properly account for assets and to transfer records as accurately as possible in connection with the transition to Vanguard, plan account activity will be restricted such that Plan participants will not be able to make exchanges or asset allocation changes, take a loan, or request a withdrawal or distribution for a specified period of time (the Blackout Period). The Blackout Period is expected to begin on July 1, 2005 and end the week of July 17, 2005. Plan participants can find out whether the Blackout Period has started or ended by contacting Vanguard at 1-800-523-1188 during the Blackout Period and for up to two years after the end of the Blackout Period. Plan participants may contact Amazon.com Benefits Team at 1-206-266-1522 or firstname.lastname@example.org regarding questions about the Blackout Period.
On June 3, 2005, Amazon.com also provided written notice to its Section 16 officers and director pursuant to Section 306(a)(6) of the Sarbanes-Oxley Act of 2002 and Rule 104 of SEC Regulation BTR. This notice stated that during the Blackout Period the Section 16 officers and directors will be subject to trading restrictions relating to any equity securities (including derivative securities) of Amazon.com acquired in connection with their employment or service as a Section 16 officer or director.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 3, 2005