Define: Significant Person

• Significant Person means an important or influential individual in a person's life, often a family member or close friend. Seen in 9 SEC filings.
• Significant Person means an individual who belongs to the higher management of an entity such as an executive director, operating officer, executive officer or general manager. Seen in 5 SEC filings.
• Significant Person means any person who beneficially owns more than a certain proportion of the outstanding shares on a fully diluted basis. Seen in 5 SEC filings.
• Significant Person means any person who holds a senior management or executive position in an organization, or anyone who is a member of the board of directors of an organization. Seen in 3 SEC filings.
• Significant Person means any holder of a certain amount of outstanding shares of a company's common stock upon exercise. Seen in 2 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of significant person' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Significant Person means a key, influential individual within an individual's life or an organization's operations.

Relevant Contract Types

• Employment Contract
• Consultancy Agreement
• Partnership Agreement
• Franchise Agreement

Relevant Circumstances

• The appointment of a new CEO or senior executive
• Formation of a joint venture
• Establishing a franchise
• Hiring a consultant or advisor

Relevant Sectors

• Management Consulting
• Human Resources
• Corporate Law
• Franchising

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