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Calendar of Upcoming Events for the TWIN CITIES Chapter

Prior Events

Date and Time:2/2/2017 Check-in/breakfast/networking: 7:30 a.m.
Event:NASPP Twin Cities Chapter Meeting
Topic:A double-session: Pay Versus Performance - SEC Proposed Disclosure Rules, and Valuation 101 - Best Practices and Trends in Equity Valuation
Location:Capella Tower: Business Center, 3rd Floor between the Tribune and Capella towers, North Country Room, 225 South 6th St, Minneapolis, MN 55402
Contact:Derek Arisian with any questions
Contact Phone:612-667-2424
Contact Email:derek.arisian@wellsfargo.com
Description:

Schedule:

Check-in/breakfast/networking: 7:30 a.m. until 8:00 a.m.

1st presentation starting at 8:00 a.m. going until 8:45

2nd presentation from 8:45 until 9:30 a.m

 

 

Description: 

Session 1:  Pay Versus Performance: SEC Proposed Disclosure Rules 

The concept of Pay Versus Performance isn’t new, although recently, the SEC has added to this changing landscape by proposing disclosure requirements under the Dodd-Frank Act that will require companies to disclose CEO and Named Executive Officer pay as well as relative Total Shareholder Return (TSR) performance, with a narrative on the relationship. Although the new disclosure rules are not final, there are some key differences from other disclosure requirements, such as the Summary Compensation Table. There are also added complexities, with a focus on “compensation actually paid” and market cap weighted TSR performance. Join our speakers as we discuss the details of the proposed rules, as well as major considerations and potential roadblocks. From the technical nuances of valuing vested equity awards to the narrative explaining the relationship of pay and performance, we will prepare you for at least one future obstacle in this ever-changing executive compensation landscape.

 

Session 2:  Valuation 101 - Best Practices and Trends in Equity Valuation

This presentation will give a basic education on the requirements for valuing employee stock options under ASC Topic 718, and modeling techniques such as Black-Scholes, lattice modeling, or Monte Carlo simulation. We will discuss the core assumptions within those modeling techniques such as expected volatility, exercise behavior, dividend yields, risk-free rate and other assumptions. We will explore how the current economic environment is forcing companies to reexamine their modeling techniques and assumption selections.

 

Registration: This meeting is free of charge. To reserve your seat, send an RSVP email to  voves.michael@dorsey.com

 

Presenters: Our presenters will be Dan Coleman and CJ Van Ostenbridge from AON 

Dan Coleman, CPA - Dan is an Associate Partner in Chicago, where he serves as the Midwest and Canadian market leader for Aon’s equity-based compensation valuation practice. Dan has more than 20 years of experience in plan design, valuation, tax, financial accounting, and disclosure issues related to all types of executive and broad based compensation programs for public and privately held companies. Dan specializes in the valuation of employee options and performance shares under Accounting Standards Codification Topic 718 using Black-Scholes, lattice-based models, and Monte Carlo simulations; valuation of contingent consideration, common and preferred stock, debt, stock warrants, and derivatives embedded in convertible debt and convertible preferred stock; and tax and financial accounting issues related to equity based compensation. Dan was a member of the committee that updated the AICPA’s practice aid titled Valuation of Privately-Held-Company Equity Securities Issued as Compensation. Additionally, Dan is a co-author of a book published by the National Center for Employee Ownership titled Equity Alternatives: Restricted Stock, Performance Awards, Phantom Stock, SARs, and More. Dan has been invited to speak on valuation and accounting issues at numerous industry events and conferences hosted by the AICPA, the National Association of Stock Plan Professionals, the American Society of Appraisers, the University of Illinois, and Big 4 accounting firms.

 

CJ Van Ostenbridge, CEP - CJ Van Ostenbridge is a Consultant with Aon’s employee equity-based compensation valuation practice. In his current role, CJ works directly with clients to assist them with meeting the requirements of ASC Topic 718. This includes developing economic assumptions, valuation using Black-Scholes and Monte Carlo simulation, and properly accruing expense for a variety of equity-based compensation vehicles. CJ holds a Bachelor of Science in Mathematical Decision Sciences from the University of North Carolina at Chapel Hill. CJ has presented at various NASPP chapter meetings and is a Certified Equity Professional (CEP).

 

More Information:
Date and Time:2/28/2017 Webinar Starts @ 1:00 p.m. CDT
Event:A Joint Webinar Program with the San Fernando Valley NASPP Chapter Featuring Bruce Brumberg with myStockOptions.com
Topic:"Tax Return Reporting: What You Need to Know & Communicate With Employees"
Location:Receive the webinar registration invitation by emailing: derek.arisian@wellsfargo.com
Contact:Derek Arisian - Twin Cities Chapter President
Contact Phone:612-667-2424
Contact Email:derek.arisian@wellsfargo.com
Description:

Presenter:  Bruce Brumberg, Editor-in-Chief and Co-Founder, myStockOptions.com

Description: This tax season will continue to bring confusion, uncertainty, and expensive mistakes in IRS forms and requirements, including cost basis reporting. The webinar will help you review the 2017 tax filings and improve communications with your employees to help them prevent mistakes in reporting stock sales from equity compensation. By attending this webinar session, you will learn about:

·         The most common questions asked by employees

·         Costly mistakes made by employees related to tax return reporting of stock compensation

·         Pitfalls that may cause unwanted IRS attention

·         Tax law changes that apply to stock compensation

·         Key points to communicate with employees

·         Resources available, including the Tax Center on myStockOptions.com and from various stock plan providers.

Webinar Presenter Bio: Bruce Brumberg

Bruce has devoted most of his professional career to making complex legal and tax concepts understandable to people who do not enjoy reading the Internal Revenue Code or the securities laws. He is editor-in-chief and co-founder of www.myStockOptions.com, the premier provider of web-based educational content and tools on stock options, ESPPs, restricted stock/RSUs, performance shares, and SARs. This award-winning online resource center has received a patent and been featured in publications ranging from the San Francisco Chronicle to Money magazine. Human Resource Executive magazine selected myStockOptions.com as one of the 10 Best HR Products of the Year. CPA Wealth Provider magazine has selected myStockOptions.com Pro as one of the best products for financial advisors.

The engaging content and tools on www.myStockOptions.com are used by both professionals (stock plan admin, HR, financial planning, lawyers, CPAs) and stock plan participants! The site’s Tax Center is a life saver for many plan participants and stock plan professionals. Many major stock plan service providers and companies license content from myStockOptions.com for their participant websites to improve their stock plan education and communications. The public site also has a Learning Center that offers courses with CE credits for CEPs and CFPs.

Bruce is past President of the Boston NASPP chapter, on the NASPP Advisory Board, and contributor to the Stock Plan Advisor. Bruce also produced the popular "Think Twice" insider trading prevention videos (www.insidertradingvideos.com). Recently he started a new site on nonqualified deferred compensation at www.myNQDC.com. He is involved with another web venture at www.SocialSecuritySolutions.com that helps advisors and individuals make smarter decisions on when to take Social Security. Bruce graduated from the University of Michigan and University of Virginia School of Law.

More Information: