Wilson Sonsini's "10b5-1 Trading Plans: Practical Considerations for Company Insiders" explains 10b5-1 plans with reference to relevant laws and suggests a range of practical considerations to implementation and maintenance including potential pros and cons of adoption, compliance with laws and company-imposed requirements, timing issues, trading instruction terms/provisions, duration, modification, administration, and much more.
Access additional information & resources on our Insider Trading/Section 16 page. This post first appeared in the weekly Society Alert!