Announcing the premier program in the NASPP's new "Ask the Experts" webcast series. . .

Ask the Experts: Modifications of Equity Awards

We answer your questions on the accounting, tax and legal implications of modifications to your stock awards!

Thursday, August 27, 2009

4:00 – 5:30 PM Eastern [archive and transcript to follow]

Webcast Materials
 

Access the webcast with RealAudio Player Access the webcast with Windows Media If you are having difficulty accessing the webcast, please read these Instructions to Listen to Webcast

Award modifications—such as extending option terms, accelerating vesting, adjusting performance criteria, and reducing exercise prices—are rampant in this current economic environment and can have significant accounting, tax and legal implications, which should be carefully considered before making changes to your outstanding stock awards.  In the inaugural program of our new "Ask the Experts" series, our panel of experts will cover everything you want to know about award modifications, from the routine to the complex.  Send in your own questions on this topic by Thursday, August 20^th and our expert panelists will address them during this session.

Featured panelists:

• Andy Restaino, Principal, Towers Perrin
• Thomas Welk, Partner, Cooley Godward Kronish
• Valerie Diamond, Partner, Baker & McKenzie
• Jon Burg, Vice President, Radford

Among other topics, this program will cover:

• What type of award modifications are likely to have an impact on a company's financial statements, and why
• The accounting, tax and legal pitfalls that can result from changes in the contractual terms of an award
• The most prevalent types of award modifications that are coming across our panelists' desks
• Answers to the questions you submit in advance

About the "Ask the Experts" Webcast Series: This series of webcasts is designed to enable NASPP members to have their questions on stock compensation answered directly by experienced industry practitioners. Each quarter we will feature a webcast on a new topic with a new panel of experts. NASPP members can submit their questions to the program in advance by emailing experts@naspp.com.

How to access the webcast: Visit Naspp.com on the day of the program and click the link for the webcast. You need either Real Player or Windows Media to listen to the webcast. An audio archive and transcript of the webcast will be posted after the live program.

Cost: There is no charge for this program if you are a member of the NASPP. The cost for non-members is $595. Alternatively non-members can take advantage of our no-risk trial membership (starting at only $495) to access the program. You can sign up for this no-risk trial online, send us an email at naspp@naspp.com, or call us at (925) 685-9271.

Registration: Advanced registration is not required for NASPP members.  Non-members can email naspp@naspp.com or call (925) 685-9271 to register for the program.

If you can’t access the live program:  If you have a scheduling conflict or have problems accessing webcasts generally (due to firewalls, etc.), an audio archive will be posted immediately following the conclusion of the live program and a text transcript will be posted within two weeks.