Document ID: SEC-2023-0305-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2023-03-17T04:00Z

[Federal Register Volume 88, Number 52 (Friday, March 17, 2023)]
[Notices]
[Page 16465]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-05437]

[[Page 16465]]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-570, OMB Control No. 3235-0632]

Submission for OMB Review; Comment Request; Extension: Rule 12h-
1(f)

Upon Written Request Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget this request for extension of the previously approved 
collection of information discussed below.
    Rule 12h-1(f) (17 CFR 240.12h-1(f)) under the Securities Exchange 
Act of 1934 (``Exchange Act'') provides an exemption from the Exchange 
Act Section 12(g) registration requirements for compensatory employee 
stock options of issuers that are not required to file periodic reports 
under the Exchange Act. The information required under Exchange Act 
Rule 12h-1 is not filed with the Commission. Exchange Act Rule 12h-1(f) 
permits issuers to provide the required information to the option 
holders either by: (i) physical or electronic delivery of the 
information; or (ii) written notice to the option holders of the 
availability of the information on a password-protected internet site. 
We estimate that it takes approximately 2 burden hours per response to 
prepare and provide the information required under Rule 12h-1(f) and it 
is prepared and provided by approximately 40 respondents. We estimate 
that 25% of the 2 hours per response (0.5 hours per response) is 
prepared by the company for a total annual reporting burden of 20 hours 
(0.5 hours per response x 40 responses).
    An agency may conduct or sponsor, and a person is not required to 
respond to, a collection of information unless it displays a currently 
valid control number.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function. 
Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
by April 17, 2023 to (i) www.reginfo.gov/public/do/PRAMain and (ii) 
David Bottom, Director/Chief Information Officer, Securities and 
Exchange Commission, c/o John Pezzullo, 100 F Street NE, Washington, DC 
20549, or by sending an email to: [email protected].

    Dated: March 13, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-05437 Filed 3-16-23; 8:45 am]
BILLING CODE 8011-01-P