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Northmere Instrument Works (fictional)Made up for this prototype. Changes stay in this browser.

Prototype on a fictional company. Not a securities offering, not a transfer agent, not legal advice and not a share marketplace. Nothing here is a real share and no real company is listed.

Transfer check

Filled in with the example: an employee wants to transfer 500 units. Change anything; the result follows.

You can still submit: the failed rules are stored with the request, and it cannot be recorded until they are met.

3 of 11 rules not met

Specimen, fictional

As of 10 Mar 2027. These are rule checks against the rules an entity set. They are not a legal conclusion.

  1. Class not frozenMet
  2. Units above zeroMet
  3. A different recipientMet
  4. Units heldMet
  5. Units vestedNot met
  6. Recipient on the listNot met
  7. Listing in datedepends on the rule beforeNot checked
  8. Transfer window openNot met
  9. Class lockup passedMet
  10. Holder lockup passedMet
  11. Within the holder capMet
  • Units vestedNOT_VESTED450 of the sender's 1,200 units are vested; 750 are not. The request is for 500.To meet it: Ask for 450 units or fewer, or wait until 500 have vested.
  • Recipient on the listRECIPIENT_NOT_LISTEDThe recipient is not on this class's eligibility list.To meet it: An admin or officer adds the recipient to the list.
  • Transfer window openWINDOW_CLOSEDNo transfer window is open at this time.To meet it: Request again once the next window opens on 1 May 2027.

Met: class not frozen, units above zero, a different recipient, units held, class lockup passed, holder lockup passed, within the holder cap.

The date-based rules all clear on 1 May 2027. Rules that need a person, such as a list or a cap, are not counted here.

The numbers behind it

Sender holds
1,200 units, 450 vested and free, 750 not vested
Recipient holds
0 units
Recipient's listing
Not on the list
Next open window
1 May 2027
Holders in the class
4 of a cap of 12

Requests

Requested, then approved by someone else, then recorded. Recording runs every rule again.

No requests yet. Submit one above to see it move through the steps.