Join us on April 9, 2020 from 10:00 am to 11:00 am Central for our FREE monthly webinar on “Executive Compensation Considerations in Light of Market Volatility, Stock Prices and the Unknown,” where we will discuss compensatory issues to consider as a result of failed (or failing) performance-based compensation metrics and lost value to the issuer’s long-term shareholders, including:
- Considerations with respect to annual incentives for 2020;
- Thoughts with respect to outstanding performance-based equity awards where the performance conditions are not likely to be attained, including a discussion of what to do with long-term equity awards that were granted in 2018 and 2019;
- Action items with respect to upcoming 2020 equity incentive grants;
- How to deal with large stock awards resulting from value-based grants of equity (e.g., a grant equal to 40% of the executive’s base salary);
- Design and governance considerations when an executive desires to reduce his or her base salary in exchange for equity grants;
- Using a stock-price forfeiture as a design to avoid future underwater stock options;
- Re-thinking equity plan share pool constraints and individual per grant limitations; and
- How to structure the cancellation of Rule 10b5-1 trading plans so as to avoid negative shareholder optics.