Key ISS Updates For Companies Seeking Shareholder Approval of an Equity Plan in 2019
Public companies seeking shareholder approval of a new or amended equity plan on or after February 1, 2019 should consider…
Author: Sinead Kelly and Victor Flores
Year-End Guidance on New Income Inclusion Deferral for Private Company Options and RSUs
On December 7th, the IRS issued Notice 2018-97 to provide initial guidance on the new private company…
ISS Provides a Glimpse of its 2019 Compensation Policies
Institutional Shareholder Services (ISS) on November 21, 2018 issued “preliminary” FAQs addressing a few, but not insignificant,…
“Will the Proxy Advisory Role be Changing? – SEC withdraws no-action letters from 2004”
Proxy advisors (e.g., Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co (“Glass Lewis”)) have played a…
Taking Stock of Grandfathered Compensation under Amended Code Section 162(m)
Now that we have had a couple of weeks to digest the IRS’s guidance in Notice 2018-68…
IRS Issues Guidance on Section 162(m) Amendments
Last week, the IRS issued Notice 2018-68 containing initial guidance on the amendments to section 162(m) made…
FASB Approves More Favorable Accounting Treatment for Non-Employee Equity Awards
The Financial Accounting Standards Board (FASB) recently approved the decision to apply ASC 718 — the accounting…
New Dismissal of Section 16 Officer Share Withholding Case
We have been following the progress of a number of plaintiff shareholder suits alleging Exchange Act Section…
IRS Publishes 2018 Withholding Guidance Including Supplemental Withholding Rates
On January 11, 2018, the IRS issued Notice 1036, which provides the percentage method tables for income…
Will Stockholder Approval of “Meaningful” Director Compensation Limits No Longer Serve as a Defense?
On December 13, 2017, the Delaware Supreme Court in In re Investors Bancorp, Inc. Stockholder Litigation issued…