This is a reminder to public and private companies that grant incentive stock options (“ISOs”) or maintain a tax advantaged employee stock purchase plan (“ESPP”). Under IRS regulations, these companies must provide information statements no later than February 1, 2010, to any employee or former employee who exercised an ISO during 2009 or transferred stock during 2009 that was previously acquired pursuant to an ESPP. Companies that fail to provide such statements on a timely basis may be liable for penalties of $50 per statement,up to a maximum of $100,000 per year.