Define: Beneficial Owner
What does "Beneficial Owner" mean? The meaning differs based on the contract. We found 10 definitions across 11 companies in SEC filings.
Definition 1 (CINCINNATI FINANCIAL CORP, seen in 1 filing)
Beneficial Owner means for each Borrower, each of the following: (a) each individual, if any, who, directly or indirectly, owns 25% or more of such Borrower's equity interests; and (b) a single individual with significant responsibility to control, manage, or direct such Borrower.
Source: CINCINNATI FINANCIAL CORP 8-K
Definition 2 (CVS HEALTH Corp, seen in 1 filing)
Beneficial Owner means the meaning ascribed to such term in Rule 13d-3 under the Exchange Act (including any successor to such rule).
Source: CVS HEALTH Corp 10-K
Definition 3 (CVS HEALTH Corp, seen in 1 filing)
Beneficial Owner means shall have the meaning ascribed to such term in Rule 13d-3 under the Exchange Act (including any successor to such Rule).
Source: CVS HEALTH Corp 10-Q
Definition 4 (CVS HEALTH Corp, seen in 1 filing)
Beneficial Owner means has the meaning ascribed to such term in Rule 13d-3 under the Exchange Act and any successor to such rule.
Source: CVS HEALTH Corp 10-K
Definition 5 (CARNIVAL CORP, seen in 1 filing)
Beneficial Owner means has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the U.S. Exchange Act, except that in calculating the beneficial ownership of any particular person (as that term is used in Section 13(d)(3) of the U.S. Exchange Act), such person will be deemed to have beneficial ownership of all securities that such person has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only after the passage of time.
Source: CARNIVAL CORP 10-K
Definition 6 (CARNIVAL CORP, seen in 1 filing)
Beneficial Owner means has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the U.S. Exchange Act, except that in calculating the beneficial ownership of any particular person (as that term is used in Section 13(d)(3) of the U.S. Exchange Act), such person will be deemed to have beneficial ownership of all securities that such person has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only after the passage of time. For the avoidance of doubt, the terms Beneficially Owns and Beneficially Owned have a corresponding meaning.
Source: CARNIVAL CORP 10-Q
Definition 7 (EXPAND ENERGY Corp, seen in 1 filing)
Beneficial Owner means has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act, except that in calculating the beneficial ownership of any particular person (as that term is used in Section 13(d)(3) of the Exchange Act), such person will be deemed to have beneficial ownership of all securities that such person has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only after the passage of time.
Source: EXPAND ENERGY Corp 10-K
Definition 8 (CIENA CORP, seen in 1 filing)
Beneficial Owner means an affiliate of each Investor or any of such Investor's beneficial owners, including without limitation partners of a general or limited partnership, shareholders of a corporation, and beneficiaries of a trust.
Source: CIENA CORP S-1
Definition 9 (EBAY INC, seen in 1 filing)
Beneficial Owner means has the meaning set forth in Rule 13d-3 under the Exchange Act.
Source: EBAY INC 10-K
Definition 10 (Diamondback Energy, Inc., seen in 1 filing)
Beneficial Owner means has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Securities Exchange Act of 1934, as amended, except that in calculating the beneficial ownership of any particular Person, such Person shall be deemed to have beneficial ownership of all securities that such Person has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only after the passage of time, the satisfaction of performance goals, or both. The terms Beneficially Owns, Beneficial Ownership and Beneficially Owned have a corresponding meaning.
Source: Diamondback Energy, Inc. 10-Q
Data extracted from 24 SEC EDGAR filings across 11 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.