In order to sell restricted stock under the provisions of Rule 144, the stock must be:

I think Options were omitted, which are

I. fully paid

II. either properly margined or fully paid

III. held for at least 6 months

IV. held for at least 1 year

I. fully paid

,  III. held for at least 6 months

Explanation: Rule 144 enforced by the U.S. Securities and Exchange Commission (SEC) regulates the conditions securities (stock ) whether restricted, unregistered or controlled can be allowed for sale or resale

The conditions include

--That adequate public information about a company should be made known to investors

--That 1% of outstanding shares can be sold every thee months by an seller especially as an affiliate of a company

--The firm is cannot solicit buy orders or permitted to receive commissions in excess of their normal rates.

A seller  must file the 144 "Notice of Sale" with the SEC at or before  the placement of the sell order

Above all the holding period of 6 months which starts from when the holder or buyer has fully paid for securities and this applies mainly to restricted securities.

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