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What if I am a corporate insider and own stock that is restricted under SEC Rule 144 or 145? Can I donate restricted stock?

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What if I am a corporate insider and own stock that is restricted under SEC Rule 144 or 145? Can I donate restricted stock?

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Yes. As a general rule, since the USS Midway Museum is not considered an insider, it will be able to sell the securities even if you donate them within the restriction period. Since restricted stock is usually held in certificate form, you will simply complete our online questionnaire, print the Assignment Separate from Certificate, sign it, and return it by U.S. Mail it to our Gift Processing Center. You will also send the stock certificate to us in a separate envelope. We will then work directly with the shareholder relations department of the issuer to have new shares issued in the name of the USS Midway Museum with the restriction lifted.

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