G'day Dale-Re-During Blackout Periods - (KMP)-Key Management Personal,
includes Directors and senior staff are prevented from trading in their
company's stock.
They are permitted to trade this stock at any time outside the designated Blackout Period.
The time outside the Blackout Period is known as a trading window.
Below links should give some answers to your queries
[PDF]Guidance Note 27 – Trading Policies - ASX
https://www.asx.com.au/documents/rules/gn27_trading_policies.pdf
Director share trading | ASIC - Australian Securities and Investments …