[Federal Register Volume 81, Number 171 (Friday, September 2, 2016)]
[Notices]
[Page 60755]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-21135]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC
20549-2736.
Extension:
Rule 12h-1(f), SEC File No. 270-570, OMB Control No. 3235-0632.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Rule 12h-1(f) (17 CFR 240.12h-1(f)) under the Securities Exchange
Act of 1934 (``Exchange Act'') provides an exemption from the Exchange
Act Section 12(g) registration requirements for compensatory employee
stock options of issuers that are not required to file periodic reports
under the Exchange Act. The information required under Exchange Act
Rule 12h-1 is not filed with the Commission. Exchange Act Rule 12h-1(f)
permits issuers to provide the required information to the option
holders either by: (i) Physical or electronic delivery of the
information; or (ii) written notice to the option holders of the
availability of the information on a password-protected Internet site.
We estimate that it takes approximately 2 burden hours per response to
prepare and provide the information required under Rule 12h-1(f) and
that the information is prepared and provided by approximately 40
respondents. We estimate that 25% of the 2 hours per response (0.5
hours per response) is prepared by the company for a total annual
reporting burden of 20 hours (0.5 hours per response x 40 responses).
Written comments are invited on: (a) Whether this proposed
collection of information is necessary for the performance of the
functions of the agency, including whether the information will have
practical utility; (b) the accuracy of the agency's estimate of the
burden imposed by the collection of information; (c) ways to enhance
the quality, utility, and clarity of the information collected; and (d)
ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing within 60
days of this publication.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
Please direct your written comment to Pamela Dyson, Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549 or send an email
to: [email protected].
Dated: August 29, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-21135 Filed 9-1-16; 8:45 am]
BILLING CODE 8011-01-P