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Calendar of Upcoming Events for the SAN FRANCISCO Chapter

Prior Events

Date and Time:9/29/2016 11:30am - 1:30pm PST
Event:F Chapter NASPP Lunch and Two Sessions!
Topic:1. Post Vest Holding Periods: The Intersection of Corporate Governance, Plan Design, and Financial Accounting 2. Pay Versus Performance: SEC Proposed Disclosure Rules
Location:Charles Schwab 215 Fremont Street, 1st Floor, San Francisco, CA
Contact:Dan Schwab
Contact Phone:415-667-6367
Contact Email:dan.schwab@schwab.com
Description:

NASPP Lunch and Two Sessions!

The first 30 registrants will be entered into a raffle to win one of five $10 Starbucks gift cards.  Don't wait - Register today!

Join us for two great sessions:

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Registration:   11:30am

Session I:        11:45am to 12:30pm

Session II:       12:45pm to 1:30pm

SESSION I: Post Vest Holding Periods: The Intersection of Corporate Governance, Plan Design, and Financial Accounting

Presenter: Ryan Ross & Carly Sanfilipo - Radford

Session I Description:

The inclusion of post vest holdings period in time vested and performance vested restricted stock awards continues to increase in prevalence as employers strive to further align executive compensation programs with corporate governance best practices, and to facilitate compliance with regulatory requirements – such as the incentive compensation disgorgement provisions of Dodd-Frank. This session will provide an overview of the current corporate governance environment related to mandatory post vest holdings periods. The session will also outline competitive practice and prevalence of post vest hold periods. Finally, the session will discuss the financial accounting benefit and reduction in compensation expense that may be realized for awards that include mandatory post vest holding periods.

 

SESSION IIPay Versus Performance: SEC Proposed Disclosure Rules

Presenter:  Ryan Ross & Carly Sanfilipo - Radford

Session II Description: 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.

SPEAKERS:

SESSION I & II:

Carly Sanfilipo - Radford

Carly Sanfilipo is an Associate Director with Aon’s employee equity valuation group. She has more than ten years of benefits and compensation consulting experience.

Carly consults on a variety of employee benefits and compensation issues, including Employee Stock Option and Performance-Based RSUs valuations and accounting under Topic 718 and valuations and consulting for potential Underwater Stock Option exchanges under Topic 718.

In her current role, Carly manages client relationships and projects that involve analyzing equity compensation data, performing statistical analysis, developing assumptions, and producing financial reporting information for valuations and accounting under Topic 718. She also served as the Treasurer of the Silicon Valley Chapter of the NASPP.

Carly graduated from Florida State University with a Bachelor of Science degree in actuarial science. She is currently pursuing her actuarial designation. Carly is based in Chicago.

Ryan Ross - Radford

Ryan Ross is an Associate Director in San Francisco with Aon’s employee equity valuation group, the technical consulting team focusing on equity compensation for Aon that assists over 500 companies, covering plan design considerations, to valuation and accounting under ASC Topic 718, to corporate governance analytics.

In his current role, Ryan manages client relationships and projects that involve analyzing equity compensation data, performing statistical analysis, developing assumptions, and producing financial reporting information for valuations and accounting under Topic 718. Ryan also consults on a variety of employee benefits and compensation issues including Employee Stock Option and Performance-Based RSU valuations and design and accounting under Topic 718, as well as potential Underwater Stock Option exchanges.

Prior to joining Radford, Ryan was a Consulting Associate for an Institutional Investment Consulting Firm that advises over $330 Billion in assets. He graduated from Washington State University with a Bachelor of Science degree in Economics with a specialization in Financial Markets.

LOCATION: Charles Schwab 215 Fremont Street, 1st Floor, San Francisco

PARKING: Underground parking 1 block away in the Orrick Building: Entrance on 1st Street, between Howard and Folsom ($2.75/ hour).

BART/MUNI: Exit the Embarcadero Station, walk 2 blocks down to Fremont Street, Left onto Fremont, 3 blocks to 215 Fremont Street.

PAYMENT: If you will be submitting payment via check, please make it out to SF NASPP, and mail it to: SF NASPP, 4100 Redwood Road, Suite 183, Oakland, CA 94619-2363.

To remove yourself from the San Francisco Chapter NASPP Chapter mailing list, go to www.naspp.com/

More Information:https://sfnapp.wufoo.com/forms/naspp-lunch-and-two-sessions-september-29/
Continuing Education Credits: 1.5 CEP (Various)