Join Terry Adamson from Infinite Equity, Mitch Bardolf from Willis Towers Watson and Brian Myers from WTW to discuss the new Pay versus Performance (PvP) rules.
After 7 years of deliberation the SEC recently approved new PvP rules. These rules will create greater transparency, more deliberation and more scrutiny with regards to executive pay than ever before.
The rules contain a new definition of pay called Compensation Actually Paid with several adjustments from the Summary Compensation Table, and the most significant adjustment is with respect to employee equity.
Among other things, the new rules require grant date fair values in the Summary Compensation Table to be replaced with incremental increases/(or decreases) in equity value during a fiscal year until vesting. Our experts will guide you through the complexities of Item 402 of Regulation S-K, what you need to know, and how to come through unscathed on your first disclosure!