NORTH AMERICA CHAPTER

GREATER ROCKIES, UTAH

NETWORKING EVENTS

CHAPTER TEAM:

Adam McDonald, Proofpoint
Andrew Barrus, Procore Technologies
Amberly Fullmer, Reddit
Michael McComas, Morgan Stanley at Work
Adam Christensen, Block Inc

GEO BOARD CHAPTER LIAISON:

Julie Vander Veen, UBS
Amy Reback, Edelweiss Consulting

CONTACT THE CHAPTER TEAM

WELCOME TO THE GREATER ROCKIES, UTAH CHAPTER

This local chapter community is dedicated to sharing knowledge, experiences, and resources to help members develop their skills, expand their networks, and make a positive impact in their communities. You will have access to a wide range of valuable resources and opportunities including educational sessions and networking events.

SUBSCRIBE TO CHAPTER NEWSLETTER - COMING SOON!

LIVE WEBCAST

27 June 2024, 12 - 1pm EDT

NAVIGATING EQUITY COMPENSATION IN THE ERA OF T+1/0 SETTLEMENT

TARA HAGEN, FGE, GLOBAL TAX NETWORK
CHRIS DOHRMANN, FGE, J.P. MORGAN

USA

Join us for an insightful session delving into the implications of T+1 and the forthcoming T+0 settlement processes on equity compensation practices. As data corrections become impossible prior to settlement and payment of proceeds or taxes. Uncover valuable insights and best practices to navigate the evolving landscape.

KEY LEARNING POINTS:

Understand the challenges and strategies involved in managing tax adjustments before vesting and navigating option exercises within the T+1/0 framework
Explore the impact of mobility on equity compensation, considering implications at both country and state levels
Learn effective strategies for educating employees, award recipients, and stakeholder colleagues about the implications and processes of T+1/0 settlement, ensuring clarity and alignment across the organization

COST
GEO members: No charge
GEO non-members*: $85
Become a GEO member to attend webcasts for free in the future!
*Fees are non-refundable. Recordings are available to access on-demand following the webcast.

CPE Credit Hours: 1.0*
Field of Study: Specialized Knowledge
Levels: O
Delivery Method: Group Internet-Based
Advanced Preparation: None

CEP Continuing Education (CE) credit: 1.0 credits
*CPE credits are provided for live webcasts only. Please visit our Continuing Education and Event Policies pages for more information.

REGISTER TO ATTEND
Registration is required. Connection and login instructions are sent to registered participants prior to this webcast.

ARTICLE

21 June 2024

Most Businesses Apply ESG Targets to Share-Based Employee Compensation

The HR Director

Data and business intelligence

All plan types

Global

A recent survey found that 60% of companies globally apply ESG targets to share-based employee compensation, with CO2 reduction, diversity, and corporate governance being the most common areas. Among those using ESG targets, 84% apply them to management board incentives, while 40% use them for short-term incentives and 30% for long-term incentives. The survey also indicated that institutional investors and proxy advisors significantly influence these targets, and a growing number of companies are focusing on ESG issues as part of their employee compensation strategies.

READ ARTICLE

ARTICLE

20 June 2024

PHANTOM STOCK PLAN: WHAT IT IS, HOW IT WORKS, TYPES

Investopedia

Design and strategy

Global

A phantom stock plan is an employee benefit that provides the financial benefits of stock ownership without actual stock, tracking the company's stock price and paying out any resulting profits. These plans can be structured as appreciation-only, which pays out based on stock price increases, or full-value, which includes the value of the stock and any appreciation. Although phantom stock plans offer flexibility and align employee incentives with company performance, they do not provide actual ownership or voting rights and are taxed as ordinary income, requiring careful legal and tax compliance.

READ ARTICLE

IN-PERSON CHAPTER EVENT

20 June 2024, 2:30 - 4:30pm CEST

JUNE GEO NETHERLANDS CHAPTER MEETING

Netherlands

USA

Join us for an engaging event hosted by Deloitte in Amsterdam, where we will reflect on key updates and observations from this reporting and AGM season.

Deloitte will share their perspective on the most important developments in remuneration policy and reports, followed by a plenary discussion on relevant and current remuneration themes.

A distinguished panel of experts will then delve into the intricacies of equity share plans and their profound impact on the Netherlands landscape. We will conclude the session in a more social setting at Grand Café Mahler, inviting you to eat, drink, and connect.

LOCATION
Deloitte Amsterdam
Gustav Mahlerlaan 2970
1081 LA Amsterdam, Netherlands

We look forward to seeing you there!

ARTICLE

18 June 2024

Elon Musk pushes Tesla workers to do ‘exceptional’ things with new stock option program

Teslarati

Employee engagement

Stock options

USA

Elon Musk is encouraging Tesla employees to excel by suggesting they could qualify for a new stock option grant program for high performers. An internal memo revealed that Tesla will conduct a comprehensive review to award stock options for exceptional performance, as well as offer ongoing spot option grants for outstanding contributions. Despite not awarding merit-based stock grants last year due to financial challenges, Tesla plans to reward employees with long-term financial incentives through this new program, aiming to boost productivity and recognize significant achievements.

READ ARTICLE

IN-PERSON CHAPTER EVENT

13 June 2024, 4 - 7pm CDT

TEXAS CHAPTER MEETING

AUSTIN AND HOUSTON

USA

Get ready to kick back and unwind at our GEO Texas social hour extravaganza!

Whether you're gearing up for the upcoming CEP exam, looking to toast the end of tax season, or simply eager to mingle with fellow equity industry pros, this is the event for you.

Don't miss out on the chance to ask burning questions, swap stories, and forge new connections. See you there!

LOCATIONS
Austin: Eldorado Cafe 3300 W Anderson Lane, Austin, TX 78757
Houston: Pappasito's 10409 I-10 Frontage Rd., Houston, TX 77024

ARTICLE

12 June 2024

From Perks To Profits: Realizing The Full Potential Of Equity Compensation

Forbes

Employee engagement

All plan types

USA

Employees often underestimate the wealth-building potential of their equity compensation, viewing it as a minor benefit rather than a serious investment due to its lack of immediate cost. This perception, coupled with a lack of transparency and understanding about liquidity options, can lead to challenges in realizing the value of these holdings. Employers need to improve education and facilitate liquidity opportunities, potentially through secondary market platforms, to enhance the perceived value of equity compensation and support employees in maximizing their financial benefits.

READ ARTICLE

ARTICLE

12 June 2024

FROM PERKS TO PROFITS: REALIZING THE FULL POTENTIAL OF EQUITY COMPENSATION

Forbes

Design and strategy

All plan types

Global

Boku Inc. has announced an Extraordinary General Meeting (EGM) on September 11, 2024, to seek shareholder approval for a new executive share plan. The plan, designed to reward exceptional performance, will grant restricted share units to the executive team, with vesting conditions tied to the company's stock price performance over the next several years. Shareholders can participate in the EGM via teleconference and are encouraged to submit questions in advance, with further details available on the company's website.

READ ARTICLE

LIVE WEBCAST

6 June 2024, 12 - 1pm EDT

MODERN APPROACHES FOR EQUITY TO PAYROLL RECONCILIATIONS

Tim Oakes, Moss Adams
Jesus Renteria, Moss Adams

Global

The SEC's T+1 stock settlement compliance date is May 28th, requiring 24 hours to issue shares to employees after a vest or option exercise. Navigating data transfer between stock-based compensation equity programs and payroll was already challenging—with this tight turnaround, companies and brokers are at a heightened risk for errors, which could lead to tax-related fines and employee dissatisfaction. The solution? Implement strong reconciliation processes and controls between the HR, Payroll, and brokerage platforms.

As your company grows, so will the volume of vesting and exercising stock and options. Having an automated system that performs reconciliations with accuracy and timeliness is critical.

KEY LEARNING POINTS:

Challenges when there are gaps in reconciliation controls
Benefits of reconciliation processes and reporting
Pros and cons of common reconciliation tools and approaches, including spreadsheets, automation scripts, and custom applications

COST
GEO members: No charge
GEO non-members*: $85

Become a GEO member to attend webcasts for free in the future!

*Fees are non-refundable. Recordings are available to access on-demand following the webcast.

CPE Credit Hours: 1.0*
Field of Study: Specialized Knowledge
Levels: O
Delivery Method: Group Internet-Based
Advanced Preparation: None

CEP Continuing Education (CE) credit: 1.0 credits

*CPE credits are provided for live webcasts only. Please visit our Continuing Education and Event Policies pages for more information.

REGISTER TO ATTEND
Registration is required. Connection and login instructions are sent to registered participants prior to this webcast.

WATCH THE WEBCAST

CHAPTER DISCUSSION BOARD

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REGIONAL NEWS AND INSIGHTS

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View regional news & resources

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NORTH AMERICA CHAPTER

CHAPTER TEAM:

GEO BOARD CHAPTER LIAISON:

WELCOME TO THE GREATER ROCKIES, UTAH CHAPTER

REGIONAL RESOURCES

CHAPTER DISCUSSION BOARD

PAST EVENTS AND RESOURCES

REGIONAL NEWS AND INSIGHTS

The future of global share ownership