AAPL » Topics » Section 16 Person

This excerpt taken from the AAPL 10-Q filed May 4, 2005.
Section 16 Person” shall mean any person participating in the Plan who has been designated by the Board of Directors as having authority to carry out policy-making functions such that the person is subject to the reporting and short-swing profit regulations of Section 16 of the Securities Exchange Act of 1934.

 

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