Gunster shareholder Art Meyers has co-authored a comment letter, submitted by the National Association of Stock Plan Professionals, on a Securities and Exchange Commission proposal to modernize the regulatory scheme for compensatory offerings to workers. The proposal, outlined in a previous Gunster Alert, would streamline compensatory issuances of securities by both reporting and non-reporting issuers.
The comment letter supports many of the changes proposed by the SEC but also contains a number of suggestions for improvement in the proposals.
Art Meyers advises boards of directors and compensation committees on all matters relating to executive compensation, including employment, severance and change of control agreements.
Art also represents domestic and international public and closely-held entities on the tax, corporate, employment and securities law aspects of equity compensation plans. He provides legal advice to businesses and not-for-profit employers on the design, implementation and administration of tax-qualified retirement plans, non-qualified deferred compensation and welfare benefit plans.
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This publication is for general information only. It is not legal advice, and legal counsel should be contacted before any action is taken that might be influenced by this publication.
Gunster, Florida’s law firm for business, provides full-service legal counsel to leading organizations and individuals from its 11 offices statewide. Established in 1925, the firm has expanded, diversified and evolved, but always with a singular focus: Florida and its clients’ stake in it. A magnet for business-savvy attorneys who embrace collaboration for the greatest advantage of clients, Gunster’s growth has not been at the expense of personalized service but because of it. The firm serves clients from its offices in Boca Raton, Fort Lauderdale, Jacksonville, Miami, Orlando, Palm Beach, Stuart, Tallahassee, Tampa, Vero Beach, and its headquarters in West Palm Beach. With over 200 attorneys and 200 committed support staff, Gunster is ranked among the National Law Journal’s list of the 500 largest law firms and has been recognized as one of the Top 100 Diverse Law Firms by Law360. More information about its practice areas, offices and insider’s view newsletters is available at www.gunster.com.