DEFINITION of 'SEC Form PREC14A'
A filing with the Securities and Exchange Commission (SEC) that must be filed by or on behalf of a registrant when a shareholder vote is required on a contested solicitation. This filing is designed to provide security holders with sufficient information to allow them to make an informed vote at an upcoming security holders' meeting or to authorize a proxy to vote on their behalf. It includes information about: the date, time and place of the meeting of security holders; revocability of proxy; dissenter's right of appraisal; persons making the solicitation; direct or indirect interest of certain persons in matters to be acted upon; modification or exchange of securities; financial statements; voting procedures; and other details.
BREAKING DOWN 'SEC Form PREC14A'
Form PREC14A, which is also known as "preliminary proxy statements - contested solicitations", is required under Section 14(a) of the Securities Exchange Act of 1934. This form is filed with the SEC when a preliminary proxy statement is given to shareholders and helps the SEC ensure that shareholders' rights are upheld.