Restoring Underwater Incentives: Discretion, Modifications, and More

On-Demand Webcast
Recorded on September 2, 2020

As COVID-19 and its lingering effects on demand and supply continue, many companies are taking or considering action to restore underwater performance metrics. They have a wide array of potential strategies to choose from, beginning with the decision to adjust performance outcomes by exercising discretion on the results or modifying the goals altogether. We’ll explore:

  • The differences between exercising discretion and modifying awards
  • How the accounting and proxy disclosure works for both discretion and modification
  • Why discretion is risky under most equity plans and may introduce much larger risks
  • Creative modification strategies to improve the proxy disclosure optics
  • Examples of cases involving discretion and modifications
  • Taking action on the annual bonus plan versus the long-term equity plan

This webcast qualifies CPAs and Certified Equity Professionals for 1.0 hour of CPE.

CPE Credits: 1.0 (available to live webcast attendees)
Field of Study: Specialized Knowledge
Program Level: Overview
Additional CPE details

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