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SEC Provides Updated Guidance on Proxy Disclosures for Compensation Plan Proposals
Baker McKenzie
[Guidance Overview] June 5, 2018 "Twelve of the CDIs relate to Item 10 of Schedule 14A, which sets forth the disclosure rules when a compensation plan is submitted to shareholders for approval, but only [one] interpretation, CDI 161.03, is identified as a substantive change:... [T]he new CDI confirms that it's acceptable to provide information on individuals or groups who did not receive contingent grants or will not otherwise receive determinable awards in a narrative along with the table, rather than in the table itself." MORE >> |
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