"OUR GOVERNANCE BEST PRACTICES ✓ Our Chair is our lead independent director. ✓ 6 of our 8 directors are independent. ✓ All committees consist solely of independent directors. ✓ All committees hold regular executive sessions of independent directors. ✓ No hedging or pledging of Unilife securities by its executive officers or directors is permitted. ✓ We have executive officer and director stock ownership and retention guidelines. ✓ Our directors have diverse experience in finance, accounting, technical operations, marketing and law, and deep knowledge of our industry, as most are former executives or directors of highly regarded, publicly traded companies. ✓ Our corporate governance guidelines are published on our website at www.unilife.com."
"No hedging or pledging of Unilife securities by its executive officers or directors is permitted."
Now known as the AS rule? ...
Got a chuckle out of that one considering AS pledged stock to acquire a loan then the SP sunk so low it tripped a default ....
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