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Shareholders Incentive Stock Options

Holland & Hart - The Benefits Dial

I Seen a Girl on a One-Way Corridor, Stealing Down a Wrong-Way Street – Tax Opportunities with ISOs in M&A

by John Ludlum Incentive Stock Options (“ISOs”) have a somewhat legendary status as equity incentives for technology and other early-stage companies. It is true that ISOs are one of two types of equity awards that can achieve...more

King & Spalding

Threading the Needle in “Tax-Free” Spinoffs

King & Spalding on

With the rise in inflation and downturn in economies, spin-offs have become an increasingly popular method of unlocking shareholder value in a down market. Often, the ability to obtain tax-free treatment in the U.S. for the...more

Goodwin

Key Compensation Considerations for Public Companies in a Market Downturn

Goodwin on

As a result of recent market trends, US public companies and their compensation committees face challenging decisions as they seek to maximize shareholder value while retaining and competitively incentivizing key employees....more

Holland & Knight LLP

Addressing Underwater Stock Options

Holland & Knight LLP on

Given the significant decline in the stock prices of many companies over the past several months of 2022, a number of companies are reassessing their equity programs and considering repricing outstanding employee stock...more

Goodwin

Public Companies: Time to Consider Repricing Underwater Stock Options?

Goodwin on

​​​​​​​Given the recent volatility in the national markets, the stock prices of many publicly-traded companies have declined significantly, resulting in an increasing number of service providers holding underwater stock...more

Latham & Watkins LLP

Amendments to Listing Rules Relating to Share Schemes of Hong Kong Listed Issuers

Latham & Watkins LLP on

The requirements under Chapter 17 of the Listing Rules applicable to share option schemes will also govern share award schemes under the amendments that will become effective 1 January 2023. Both share option schemes...more

Faegre Drinker Biddle & Reath LLP

Can These Options be Saved? An Issue from 2009 (and 2001) Is Timely Again

Economic uncertainty and shifts brought on by COVID-19 have us back to a familiar question from 2009 and even 2001: can you reprice options to take into account falling share prices? The answer remains yes, though tax,...more

Cooley LLP

Alert: UK Companies: Guide to Granting Share Options in the US

Cooley LLP on

This alert serves as a guide for UK and non-US clients wishing to grant options to employees and other service providers in the US. There are 5 key steps in the process (each discussed below): Board approval...more

Morris James LLP

Chancery Sustains Claims Against Special Committee Members Concerning Stock Incentive Plan

Morris James LLP on

Reith v. Lichtenstein, C.A. No. 2018-0277-MTZ (Del. Ch. June 28, 2019). As Reith explains, directors may lose the protections of the business judgment rule and expose themselves to liability if they knowingly or...more

BCLP

Start-up Shareholders, Directors, and Officers: Role Reversal? Role Confusion?

BCLP on

When companies are in their earliest stages, the founders and advisors often serve the company as shareholders, directors, and officers. However, each role has distinct responsibilities and it is important for founders to be...more

Orrick, Herrington & Sutcliffe LLP

ISS Adopts Discretion in Evaluating Management Equity Plan Proposals – May Lead to Increase in CEO Performance Shares and...

What's New? What's new and interesting about the new ISS "score card rules" are two sentences that say: (i) that an issuer's share plan proposal may pass the Shareholder Value Transfer ("SVT") test but still...more

Katten Muchin Rosenman LLP

ISS Releases 2015 Draft Voting Policy Changes for Comment

On October 15, Institutional Shareholder Services (ISS), a leading proxy advisory firm, released for comment draft voting policy changes for 2015. The two significant proposals that would impact US companies are as follows...more

Ballard Spahr LLP

ISS Releases 2015 Draft Voting Policies for Independent Chair and Equity Incentive Plan Proposals

Ballard Spahr LLP on

Institutional Shareholder Services (ISS) recently released for public comment its 2015 draft voting policies. The draft policies relate to two topics affecting the U.S. market: independent board chair shareholder proposals...more

Katten Muchin Rosenman LLP

Delaware Chancery Court Permits Shareholder to Bring Fiduciary Claim for Board’s Violation of a Stock Incentive Plan

On November 8, the Delaware Chancery Court denied a motion to dismiss a derivative action brought by a shareholder of Healthways, Inc. against the company’s president, Ben Leedle, Jr., and the board of directors for approving...more

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