Description
Learn how clear relationships between executive pay and performance can be presented.
The SECs shocking new pay vs. performance rule finalized on August 25, 2022, represents a major new technical challenge for companies working to complete their 2023 proxy filing. The rule requires companies to disclose interim fair values of outstanding unvested and inperiod vesting awards, track yearoveryear fair value changes, calculate peer group TSRs for multiple years, and specify a measure of company performance to disclose alongside the companys TSR and net income. Join us as we explore the components of the new rule and demystify the SECs definition of Compensation Actually Paid, a new measure that requires extensive calculations to develop. Well also review valuation issues that arise in the pay vs. performance setting, discuss how clear relationships between executive pay and performance can be presented, and look at some of the key risks surrounding the implementation of the rule this year.
Date: 2023-03-02 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to discuss how clear relationships between executive pay and performance can be presented.
* You will be able to identify some of the key risks surrounding implementation of the rule this year.
* You will be able to recognize components of the new rule.
* You will be able to review valuation issues that arise in the pay vs. performance setting.