December 18, 2018 Thoughtful Pay Alerts
IRS Issues Initial Guidance on Deferral of Private Company Equity Awards
Download a pdf of this article » On December 7, 2018, the Department of the Treasury and the Internal Revenue Service issued Notice 2018-97, their initial guidance on Section 83(i) of the Internal Revenue Code, the provision allowing for the deferral of income from the exercise of stock options or the vesting of restricted stock unit (“RSU”) awards granted by certain private companies. Section...Read MoreDecember 4, 2018 Thoughtful Pay Alerts
ISS Issues 2019 Benchmark Policy Updates
Download a pdf of this article » Institutional Shareholder Services (“ISS”) has announced the updates to its U.S. benchmark voting policy guidelines for 2019. Of the two possible significant policy changes that ISS previewed in October, only one has been adopted for the 2019 proxy season – a new policy that will trigger an unfavorable recommendation for the chair of the Board nominating...Read MoreNovember 14, 2018 Thoughtful Pay Alerts
ISS Issues Reminder about Updating Peer Group Ahead of 2019 Proxy Season
Download a pdf of this article » Institutional Shareholder Services (“ISS”) is inviting companies to update their self-constructed compensation peer groups in connection with its review of their executive compensation program during the 2019 proxy season. ISS considers a company’s self-selected compensation peer group to be one of the key inputs in developing the peer group that it uses to...Read MoreNovember 2, 2018 Thoughtful Pay Alerts
Glass Lewis Publishes Updates to 2019 U.S. Voting Policy Guidelines
Download a pdf of this article » Glass Lewis & Co., Inc., the corporate governance advisory services firm, has published the updates that it has made to its voting policy guidelines on executive compensation for U.S. companies for the 2019 proxy season. Among the various updates, Glass Lewis will generally recommend against the re-election of the Nominating Committee chair of the Board of...Read MoreOctober 23, 2018 Thoughtful Pay Alerts