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.
Please direct any questions or observations to Art.
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.