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Calendar of Upcoming Events for the SAN FRANCISCO Chapter

Prior Events

Date and Time:4/16/2014 Noon to 1:30
Event:SF NASPP Chapter Luncheon Meeting
Topic:Treatment of Equity Awards Upon Termination
Location:Charles Schwab 215 Fremont Street, 1st Floor San Francisco, CA
Contact:Mark Clem
Contact Phone:415-234-6807
Contact Email:mclem@vehlo.com
Description:

The treatment of equity awards upon termination of an employee for any reason, including retirement, resignation, cause or a change in control – is one of the most complex areas of stock compensation. Learn how to handle the accounting, tax and administrative impact of vesting acceleration and other treatments of terminated employees’ awards. In this session, we will share common traps and practice pointers for addressing tax, accounting and regulatory compliance implications associated with the design and administration of the termination provisions.

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SPEAKERS:
Usman Zafar – Senior Implementation Manager, EASi
Denise Scoville-Glackin – Implementation Manager, EASi

Usman Zafar – Senior Implementation Manager, EASi
Usman is currently working as Senior Implementation Manager at EASi. Prior to EASi, Usman worked as an independent consultant from 2011 to 2013. During this time, Usman advised clients on multitude of equity compensation related items including but not limited to financial reporting, accounting guidance, valuation services for fair value, etc.

Previously, Usman worked as Financial Reporting Manager at Morgan Stanley Smith Barney for more than 4 years. AS Financial Reporting Manager, Usman managed more than 13 clients for their financial reporting on a monthly/quarterly/yearly basis. In addition to it, Usman was actively involved in product development efforts for MSSB offerings and spearheaded a key product enhancement of reporting for Expected Term, Historical Forfeitures and Historical Volatility. Usman was also an in-house subject matter expert for FAS 123R and made significant contributions towards the development of key financial models for SAS-70. He also managed some of the most complex implementations during his time with MSSB.

 

Prior to Morgan Stanley, Usman worked as Derivative Valuation Associate at Montgomery Investment technology, Inc. He gained significant knowledge in the field of equity valuation per FAS 123R and managed multiple valuation engagements ranging from option valuation, TSR valuation, Binomial Lattice/Monte Carlo based valuation, Expected Volatility/Forfeiture/Term analysis. In addition to it, Usman managed more than 100 clients and was also responsible for Business Development/product management.

Usman has an Undergraduate degree in Chemical Engineering from University of Punjab and also has an MBA in Finance from University of Hartford


Denise Scoville-Glackin – Implementation Manager, EASi

Denise is currently working with a fantastic group at Equity Administration Solutions, Inc. (EASi). She is working within the Implementation team and enjoys the onboarding process of helping new clients get started with an amazing product.

Previous to EASi, she had joined the Global Shares team in 2010 as a consultant and in January of 2011 transitioned in the Client Relationship Manager, CRM role. As a CRM, she was the point of contact to provide excellent customer support, upselling to meet the client’s needs, and relationship management until later part of 2013.

Prior to Global Shares she worked as the Manager of E*TRADE Financial Corporate Service's Implementation Group. She was with E*TRADE for nearly a decade and has a wealth of experience in the management, strategic planning and tactical day to day processes of implementing both private and public Corporate Clients.

As the Manager of the Implementation Group, she was responsible for ensuring an exceptional experience for every Corporate Client while making the transition smooth and seamless. She was responsible for managing all phases of implementing the equity plans of new and existing Corporate Clients, as well as any additional product and services onto the Equity Edge and E*TRADE broker platform. She was also successful in managing the development and delivery of external and internal training on all products offered. During her time at E*TRADE she held both the Series 7 & 63, obtained the CEP level II, and obtained a Project Management Certification which has led her to actively pursue the PMP License. She is a current member of the Global Equity Organization, GEO and the National Association of Stock Plan Professionals, NASPP and very active in her community.

 

More Information:http://sfnaspp.net/upcoming-events/next_meeting2014/