what is a sc 13 g/a form for the sec?

Question

Its called an "ammendment to Statement of benefitcial ownership" but I have not idea what that means in real words.

Answer 1

http://www.sec.gov/info/edgar/forms/edgform.pdf

It is on page 3-44. It is an amendment to a schedule to report the acquisition of beneficial interest greater than 5%.

In simple terms the SC 13 is a statement a publicly traded company files when a large investor intends to purchase more than 5% of the company’s stock. They make it sound like a schedule, where there may be a plan to purchase the share at a future date and price.

You’d file an amendment (SC 13G/A) to this statement if something changed that required updating the original SC 13. Say the date or price changed.