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Planning for the New Shareholder-Approval Requirements for All Equity Grants to Employees (PDF)
FW Cook
Aug. 6, 2002 2 pages. Excerpt: [T]he NYSE proposed rule applies to uses of stock under all equity plans, not just stock option plans. Thus, the rule change may apply to restricted stock grants, LTIPs paid out in shares, bonuses paid out in restricted stock, voluntarily deferred stock paid out in actual shares, employee stock purchase plans, equity grants for outside directors, and even small grants of stock to lower-level employees as part of reward/recognition programs. MORE >> |
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