Posted On: 08/14/2015 12:21:50 PM
Post# of 4678
What is a ‘Lock-Up’ or ‘Lock-Up Period’?
According to Investopedia: A legally binding contract between the underwriters and insiders of a company prohibiting these individuals from selling any shares of stock for a specified period of time. Lock-up periods typically last 180 days (six months) but can on occasion last for as little as 120 days or as long as 365 days (one year).
According to Investopedia: A legally binding contract between the underwriters and insiders of a company prohibiting these individuals from selling any shares of stock for a specified period of time. Lock-up periods typically last 180 days (six months) but can on occasion last for as little as 120 days or as long as 365 days (one year).
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