Please join us in person on Thursday, November 7 for a NASPP Twin Cities Chapter Meeting!
Meeting Date: November 7, 2024
Meeting Location:
WTW
Lake Minnetonka Room
3rd Floor, 8400 Normandale Lakes Blvd
Bloomington, MN
Meeting Time (CT):
7:45 a.m. - 8:00 a.m. - Networking and breakfast
8:00 a.m. - 9:00 a.m. - Presentation
Fee: Free for members, $25 for non-members
Meeting Type: In person
Total Shareholder Return (TSR) is the most common metric in performance plans. WTW has refreshed a 2018 survey on the design features of relative TSR performance awards and will share the latest results and trends. You can use this information to compare, assess and even fine-tune your performance award designs.
In addition, you may have always wondered why your relative TSR performance awards typically have a fair value premium. Come learn and find out why this fair value premium exists in theory and if historical market data supports the fair value premium in reality!
Finally, year 3 of the Pay Versus Performance disclosure is nearly here. There was a flurry of SEC C&DIs in the fall of 2023. Join us to get a refresher on the C&DIs just in time for your upcoming proxy season.
Presented by:
Kevin Ryan, WTW
Kevin Ryan is an actuarial consultant in WTW’s Minneapolis office. Kevin has 17 years of consulting experience in the valuation and accounting for stock-based compensation plans. Kevin has assisted hundreds of companies with the design, valuation and accounting treatment of equity awards such as stock options, restricted shares and performance shares using Black-Scholes, Binomial Lattice and Monte Carlo valuation techniques.
Mark Daniels, WTW
Mark Daniels is a Director for the Retirement practice in the Minneapolis office of Willis Towers Watson. Mark has twenty-two years of actuarial and employee benefits experience. He assists in the design, funding, compliance and administration of all types of retirement plans and employee benefits. Mark specializes in the valuation and reporting of stock–based compensation plans. His work includes assisting companies in developing supportable assumptions and valuation approaches.