Equity Expert: A Podcast from the NASPP
50 episodes - English - Latest episode: 22 days ago -News, insights, and conversations on all matters equity and executive compensation. Created and moderated by the National Association of Stock Plan Professionals, the largest association for the stock compensation community, with over two decades of leadership providing expert resources, education, and other benefits for more than 6,000 members.
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Episodes
Founders Mistakes: Cap Tables
April 05, 2024 18:00 - 37 minutes - 25.6 MBIn this episode of the Equity Expert podcast, we are joined by Chris Hoffman the founder of Equity Admin co. A Cap Table specialist with extensive experience in managing the equity of companies ranging from newly incorporated startups to some of the largest private companies in the world. The key points of this episode include: What is a cap table? Common mistakes founders make Best Practices Additional Resources: https://www.naspp.com/blog/the-crucial-role-of-cap-tables https://info....
Founders Mistakes: The 83(b) Election
March 09, 2024 06:00 - 28 minutes - 19.5 MBIn this episode of the Equity Expert podcast, we are joined by Stepan Kzrtian a former corporate lawyer with over a decade of experience helping founders navigate the legal journey across all stages of the startup lifecycle. The key points of this episode include: Understanding the 83(b) Election Issuing Founder Stock Cap Table Management Should You Grant Equity as a Percentage Additional Resources: 83(b) Election: The Multi-Million-Dollar Ticking Time Bomb What is the 83(b) election...
Strategies to Advance Your Career in Equity Compensation
November 14, 2023 14:00 - 20 minutes - 14.1 MBKathy Son on the key moments that helped her career in equity compensation and tactics that can help you grow your own career. Episode Notes: Kathy’s start in equity compensation (1:06) When she realized she wanted to pursue this profession (3:14) Key moments in getting to her current role (5:33) Strategies to advance yourself in equity comp (8:06) Advice to her younger self (10:52) Advice for advocating for yourself (14:54) Current goals (18:27) Support the show
How T+1 Will Change Stock Plan Administration
August 18, 2023 18:00 - 18 minutes - 12.6 MBLearn how to prepare for T+1 and how the shortened settlement cycle will change stock plan administration from a day-to-day and strategic perspective. Episode Notes: Effect of T+1 on day-to-day operations (0:11) Impact of T+1 on strategy for stock plans (3:32) Trading windows and T+1 (6:50) Risks created by a shorter settlement period (8:58) Working with internal and external partners to ensure a smooth transition (10:35) How T+1 will change the future of stock plan administration (...
Administering Equity Plans in China
July 05, 2023 07:00 - 30 minutes - 20.8 MBComplying with SAFE, Circular 35, and other complexities of offering equity awards in China. Episode Notes: SAFE registration for options and awards (1:52) SAFE registration for ESPPs (5:10) Establishing a foreign exchange bank account (7:42) Taxation of equity awards in China (10:06) Possible elimination of preferential tax treatment (14:57) Where to hold shares for Chinese nationals (21:22) Mandatory cashless or same-day-sale programs (22:28) Current events (25:15) Best practices...
Tax Withholding Practices for Equity Awards
May 29, 2023 21:00 - 28 minutes - 19.9 MBData on how companies manage on-time tax deposits, determine tax withholding rates, respond to employee requests for additional withholding on equity plan transactions and more. Episode Notes: Complying with IRS deposit deadlines (1:36) Tips for depositing taxes on time (3:45) Pre-funding tax deposits (5:25) Defining FMV as the prior day’s closing price (6:59) Allowing employees to request additional withholding on equity plan transactions (8:35) Determining tax withholding rates for ...
Trends in Mobility Compliance
May 13, 2023 16:00 - 39 minutes - 27.4 MBHow companies track mobile employees and manage tax compliance for their equity awards. Episode Notes: Global vs. Us domestic mobility (1:44) Business travelers (10:19) Remote workers (14:30) Getting budget for mobility compliance (21:06) Tracking employee locations (22:37) Use of third-party advisors to assist with tax calculations (26:51) How to approach mobility compliance (29:55) Tracking mobility employees is important even with no other compliance (36:44) Resources Mentioned ...
How to Manage Burn Rates Through a Stock Price Decline
February 01, 2023 16:00 - 21 minutes - 14.8 MBWhy stock price volatility is a problem when it comes to sizing grants and how using a multiday average and other approaches can help you manage your burn rate. Episode Notes: How companies typically determine grant sizes (0:58) The effect of declining stock prices on grant sizes (2:15) Pay equity considerations (4:19) Using a multiday average to denominate grants (7:14) What averaging period to use (10:09) Disadvantages of a multiday average approach (14:15) Other approaches to man...
Growing Your Equity Compensation Career: Conversation with Galahad Dong
November 22, 2022 16:00 - 16 minutes - 11.2 MBGalahad Dong on how his experience in the military helps him lead HRIS and Total Rewards (and equity compensation) at Simpson Strong-Tie. Episode Notes: Galahad’s origin story (0:36) His current role as director of HRIS and Total Rewards (2:06) How military experience helps in managing stock plans (3:49) Background on Simpson Strong-Tie (4:53) How Simpson-Strong-Tie uses equity (6:21) DEI programs at Simpson Strong-Tie (8:52) Diversity at the NASPP and Galahad’s role on the DEI Task ...
Half Empty, Half Full: ESPP Features
November 14, 2022 14:00 - 36 minutes - 25.3 MBEpisode Notes: A note on this episode (1:34) Section 423 qualified vs. nonqualified plans (2:13) Fractional vs. whole share purchases (9:21) Cashless funding vs. limiting funding to payroll contributions (17:14) Lookback pricing vs. purchase date only pricing (28:04) Resources Mentioned in This Episode: Four Ideas to Make Your ESPP More Equitable Could Fractional Shares Benefit Your Stock Plan Participants? Overlooked and Underrated: Why Fractional Shares Matter Should You Consider...
Taking a Look at Outset Medical's New Cashless ESPP
June 22, 2022 15:00 - 20 minutes - 14.4 MBEpisode Notes: What are cashless ESPPs and how do they work? (3:50) Outset Medical’s path to a cashless ESPP (9:08) Features of Outset Medical’s new cashless ESPP (11:44) Employee reaction to Outset Medical’s new ESPP (13:31) Common concerns about cashless ESPPs (15:01) Current interest in cashless ESPPs (17:56) Resources Mentioned in this Episode The Problem with ESPPs Should You Consider a Cashless ESPP? Four Ideas to Make Your ESPP More Equitable Are You Overvaluing Your ESPP? ...
The SEC’s Guidance on Spring-Loaded Equity Awards
June 08, 2022 15:00 - 29 minutes - 20.1 MBEpisode Notes: What is spring-loading? (00:40) Reminiscing about the option backdating scandal (4:58) Summary of the SEC’s guidance (8:49) Impact of SAB 120 on grant valuation (10:31) Practical implications of SAB 120 (14:27) Disclosures required for spring-loaded grants (19:06) Tips to avoid inadvertently spring-loading equity awards (23:30) Other Resources on This Topic: Examining the SEC’s New Guidance on Spring-Loaded Grants SEC Targets Spring-Loaded Equity Awards Staff Accou...
Growing Your Equity Compensation Career: Conversation with Christine Zwerling
May 25, 2022 07:00 - 30 minutes - 21.2 MBChristine Zwerling of Twilio describes her career path in equity compensation, offers tips to be more productive, and discusses her experience and interest in DEI and her interest in the NASPP's DEI Task Force. Episode Notes: Christine’s origin story (1:06) Career challenges (8:39) Getting the advice you need (14:01) Productivity hacks (15:51) Superpowers (20:27) Diversity at the NASPP and Christine’s work on the NASPP’s DEI task force (21:57) Support the show
Growing Your Equity Compensation Career: Conversations with Paz Dizon
May 19, 2022 12:00 - 28 minutes - 19.3 MBHear how Paz Dizon, the current Head of Stock Plan Services at Jazz Pharmaceuticals, has crafted her career in equity compensation, including finding her superpower and leveraging relationships to drive learning and success. Support the show
SAP's Innovative ESPP
April 27, 2022 15:00 - 10 minutes - 7.31 MBIn this replay of one of our classic episodes, Sandra Sussman of SAP describes how they are able to offer an ESPP with a 40% match, offer financial assistance to help nonexecutives participate, and solve the challenge of tax withholding at the same time. Episode Notes: SAP's path to the Own SAP plan (1:55) How Own SAP works (3:30) The 40% Match and 20 Euro subsidy (4:45) How SAP manages tax withholding on the plan (5:57) Administering the plan (7:08) Participation in the plan (8:26) ...
Trends in Retirement Provisions
April 14, 2022 07:00 - 21 minutes - 14.8 MBThe latest data on how companies pay out equity awards to retirees and how retirement eligibility is determined. Plus, a discussion of the treatment of equity awards in the event of death and disability. Episode Notes: Criteria for determining retirement eligibility (1:06) Minimum age requirements (4:31) Minimum service requirements (6:43) Treatment of equity awards upon achieving retirement eligibility (7:45) Prevalence of equity award payouts to retirees (9:32) Accelerating vs. cont...
Trends in Performance Awards
March 30, 2022 15:00 - 19 minutes - 13.2 MBEpisode Notes: Prevalence of performance awards at tech companies vs. other industries (2:36) The growth of TSR Awards (4:52) Types of operational metrics that companies commonly tie vesting to (8:29) Use of ESG metrics in long-term incentives (9:46) Use of multiple performance metrics (11:43) Treatment of performance awards in changes in control (15:38) Resources Mentioned in this Episode: NASPP Webinar: Top Trends from the 2021 Equity Incentives Design Survey NASPP Webinar: Tren...
Half Empty or Half Full? A Closer Look at TSR Awards
March 18, 2022 07:00 - 25 minutes - 17.6 MBWe ask Terry Adamson of Infinite Equity what he thinks about paying out TSR awards when performance is negative, using TSR as a modifier, custom peer groups and more. Episode Notes: How much more usage of TSR awards can we expect (1:50) Custom peer groups (4:06) Paying out awards for negative TSR performance (8:44) Using TSR as a payout modifier for other metrics (11:35) The benefits our measuring outperformance (13:38) Barbara uses a football metaphor (19:37) Other market-based alte...
Trends in Global Equity Incentives
March 03, 2022 23:00 - 21 minutes - 12.7 MBEpisode Notes: Mark's background (1:33) Types of equity vehicles offered globally (2:07) Practices on adjusting awards by location (4:05) Prevalence of tax-qualified plans (8:09) Update on the UK (13:09) Update on Canada (16:35) Resources Mentioned in this Episode: NASPP Webinar: Top Trends from the 2021 Equity Incentives Design Survey NASPP Webinar: Trends in Global Equity Incentives Equity Expert Podcast: Trends in Equity Award Usage and Eligibility 2021 Equity Incentives Desi...
A Career in Compensation and Diversity
February 16, 2022 16:00 - 19 minutes - 12.1 MBHost: Barbara Baksa, Executive Director, NASPP Guest: Dana Hall, Designer Brands Episode Notes: About the NASPP’s DEI Initiative Dana’s career path (2:12) Majoring in human resources (3:14) Dana’s role at Designer Brands (7:35) What Dana likes about working in compensation (9:06) Dana’s role on the NASPP’s DEI Task Force (11:49) Dana’s leadership role in Designer Brands’ African American BRG (13:55) Internships at Designer Brands (15:35) Shoe-related puns (16:47) Dana’s advice fo...
Trends in Equity Award Usage and Eligibility
February 03, 2022 16:00 - 18 minutes - 11 MBHost: Barbara Baksa, Executive Director, NASPP Guest: Ian Dawson, Deloitte Consulting Episode Notes: Ian's Background (1:39) Overall trends in the types of equity vehicles public companies grant (2:34) Options vs. full value awards (5:18) Levels of employees eligible to receive equity awards (7:15) Grants to lower ranking employees (8:52) Comparison of practices at technology vs. nontechnogy companies (12:47) Prevalence of ESPPs (14:34) Resources Mentioned in this Episode: NASPP W...
Half Empty or Half Full? Thoughts on the SEC's Rule 10b5-1 Proposal
January 19, 2022 16:00 - 13 minutes - 9.4 MBBarbara discusses the SEC's new Rule 10b5-1 proposal with John Jenkins of CCRcorp. Host: Barbara Baksa, Executive Director, NASPP Guest: John Jenkins, Senior Editor, CCRcorp Episode Notes: Background on the Rule 10b5-1 proposal (0:25) Required cooling-off period (2:28) Prohibition on overlapping plans (4:26) Limitation on single-trade plans (5:34) Good faith requirement (6:52) Certification requirement (8:13) Quarterly disclosure of adoption and termination of 10b5-1 plans by offic...
Half Empty, Half Full: Our Thoughts on Four Stock Plan Topics
January 07, 2022 21:00 - 33 minutes - 19 MBBarb and Jenn discuss whether they feel empty or full on four trending stock plan topics: the SEC's proposed changes to both Edgar and Rule 10b5-1, plus ESG and participant communications. Host: Jennifer Namazi, Content Director, NASPP Guest: Barbara Baksa, Executive Director, NASPP Episode Notes: Barb describes the half empty, half full format (1:15) Are we half full or half empty on the SEC's proposed changes to Edgar? (3:12) Why Jenn is half empty on communication with stock plan pa...
How T-Mobile Engages Stock Plan Participants: Behind the Scenes Insights
July 30, 2021 17:00 - 19 minutes - 13.2 MBHost: Jennifer Namazi, Content Director, NASPP Guest: Aftab Ibrahim, CEP, CECP, Sr. Director, Stock Compensation & Exec Programs at T-Mobile Episode Notes: T-Mobile's stock plan participant demographics (1:47) What communication formats work best to engage employees (3:05) Learnings about email and how that changed the communications approach (5:14) Was there a particular communication that had a big impact? (6:57) What happens when a communication doesn't resonate as expected? (10:5...
How T-Mobile Engages Stock Plan Participants: Behind the Scenes Insights
July 30, 2021 17:00 - 19 minutes - 13.2 MBHost: Jennifer Namazi, Content Director, NASPP Guest: Aftab Ibrahim, CEP, CECP, Sr. Director, Stock Compensation & Exec Programs at T-Mobile Episode Notes: T-Mobile's stock plan participant demographics (1:47) What communication formats work best to engage employees (3:05) Learnings about email and how that changed the communications approach (5:14) Was there a particular communication that had a big impact? (6:57) What happens when a communication doesn't resonate as expected? (10:5...
T-Mobile's Stock Plan Communications are Engaging Participants: Behind the Scenes Insights
July 30, 2021 17:00 - 19 minutes - 13.2 MBHost: Jennifer Namazi, Content Director, NASPP Guest: Aftab Ibrahim, CEP, CECP, Sr. Director, Stock Compensation & Exec Programs at T-Mobile Episode Notes: T-Mobile's stock plan participant demographics (1:47) What communication formats work best to engage employees (3:05) Learnings about email and how that changed the communications approach (5:14) Was there a particular communication that had a big impact? (6:57) What happens when a communication doesn't resonate as expected? (10:5...
How Mentorship Can Help Your Career
June 16, 2021 07:00 - 32 minutes - 20.3 MBCould your career use a boost? Participating in a mentor relationship—as either mentor or mentee—might be just what you need. Learn about the benefits mentorship offers to both mentor and mentee, as well as what you can do to make sure you are getting the most out of the relationship. Host: Barbara Baksa, Executive Director, NASPP Guest: Stacie Hoffmeister, Executive Director and Head of Wealth Management Home Office Talent and Diversity, Morgan Stanley Episode Notes: Stacie's background ...
5 Things on Mobility Compliance in the Age of Remote Working
May 27, 2021 16:00 - 26 minutes - 18 MBRemote work is here to stay. Do you know where your employees are and how their movements impact compliance with various local, state and country specific requirements? What about things like benefits, internet security, and employee safety? With many factors on the table, we discuss 5 things for employers to have on their radar when it comes to remote worker movements. Host: Jennifer Namazi, Content Director, NASPP Guest: Marlene Zobayan, Partner, Rutlen Associates Episode Notes: Myths ...
Volunteering: Journey of a Chapter President
March 09, 2021 16:00 - 45 minutes - 29.4 MBHear a chapter president's insights on leading a chapter and contributing to his local stock plan community. Host: Jennifer Namazi, Content Director, NASPP Guest: John Barringer, Executive Wealth Planning About our Guest: I’m a CERTIFIED FINANCIAL PLANNER™ with over 30 years of experience in the investment and wealth management industry. I specialize in helping high net worth executives and executives at public companies with investment management, retirement planning and risk management. ...
Trends in Insider Trading Compliance
November 19, 2020 14:00 - 31 minutes - 22 MBHost: Jennifer Namazi, Content Director, NASPP Guest: Barbara Baksa, Executive Director, NASPP Data from the NASPP/Deloitte Consulting 2020 Domestic Stock Plan Administration Survey identifies trends in insider trading compliance. Episode Notes: Overview: How are companies approaching insider trading compliance? (2:16) Are insiders using captive/designated brokers for their trades? (4:05) Trends in Rule 10b5-1 plans (8:36) Blackout periods: who is subject to them? (15:06) Prohibited/per...
5 Trends in Stock Administration Staffing and Practices
October 15, 2020 14:00 - 29 minutes - 20.5 MBLeveraging data from the NASPP/Deloitte Consulting 2020 Domestic Stock Plan Administration Survey, this episode highlights trends in staffing and placement of the stock administration function, telework, excess tax withholding and education formats. Host: Jennifer Namazi, Content Director, NASPP Guest: Barbara Baksa, Executive Director, NASPP Episode Notes: Where is the Stock Administration function typically housed within an organization? (3:47) Staffing Stock Administration in house: ...
Optimizing Equity Awards in a Down Market
October 12, 2020 14:00 - 37 minutes - 24.4 MBThis episode explores some of the standard and creative choices companies have in adapting, insulating and optimizing equity awards for stock market declines. Host: Jennifer Namazi, Content Director, NASPP Guest: Nathan O'Connor, Managing Director, Equity Methods Episode Notes: Trends and observations of an unprecedented 2020 (2:06) How equity compensation has grown in relevance this year (7:48) Key considerations companies face in restoring broken incentives (9:20) The mechanics of rest...
6 Tips to Get the Most Out of a Virtual Conference
August 20, 2020 14:00 - 11 minutes - 6.2 MBNASPP's Jenn Namazi shares 6 tips she personally uses to get the most out of a virtual conference. Whether you are planning to attend your first event, or are a seasoned virtual veteran, these tips are bound to enhance your experience. Host: Jennifer Namazi, Content Director, NASPP Episode Notes: Jenn shares interesting data on the future of video and virtual conference engagement (1:17) Scheduling your must-attend sessions (4:03) Prioritizing attendance while juggling other demands at ...
Global Mobility Situations Arising from COVID-19
August 12, 2020 12:00 - 29 minutes - 17.2 MBThis episode explores employee mobility situations arising from impacts of the COVID-19 pandemic. Host: Jennifer Namazi, Content Director, NASPP Guest: Marlene Zobayan, Partner, Rutlen Associates Episode Notes: What overall impacts has the COVID-19 pandemic had on mobility? (3:06) Three different mobility situations resulting from the pandemic (4:14) The challenges created by unforeseen mobility situations (6:50) Are there any exemptions for employees caught in these mobility situation...
How Prevalent are ESPPs?
July 28, 2020 21:00 - 20 minutes - 11.2 MBHow many companies actually offer ESPPs? What trends exist based on company demographics, such as size, region and industry? This episode examines research conducted by Aon, in partnership with the NASPP and Fidelity, on the prevalence of employee stock purchase plans (ESPPs) within Russell 3000 and S&P 500 companies. Host: Jennifer Namazi, Content Director, NASPP Guests: Daniel Kapinos, Partner and Rachel Lopez, Consultant, both of Aon Rewards Solutions About our Guests Dan Kapinos, Part...
#75: Best Practices for 10b5-1 Plans
April 29, 2020 19:00 - 28 minutes - 12.6 MBTopics companies should consider relative to their 10b5-1 population with Joshua Shek and Rich Baker from Morgan Stanley. Morgan Stanley Disclaimers The content of this podcast is for informational purposes only. It does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Morgan Stanley Smith Barney LLC (“Morgan Stanley”) recommends that investors independently evaluate ...
Best Practices for 10b5-1 Plans
April 29, 2020 19:00 - 28 minutes - 12.6 MBTopics companies should consider relative to their 10b5-1 population with Joshua Shek and Rich Baker from Morgan Stanley. Morgan Stanley Disclaimers The content of this podcast is for informational purposes only. It does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Morgan Stanley Smith Barney LLC (“Morgan Stanley”) recommends that investors independently evaluate ...
What Women Want: Bridging the Equity Comp, Investing & Pay Gap
March 05, 2020 15:00 - 15 minutes - 7.94 MBSara Shoaf and Crystal Dykstra from Charles Schwab discuss bridging the equity comp, investing and pay gap that women face and how to ensure that your female participants understand how to use their equity awards to help reach their personal financial goals. Support the show
#74: What Women Want: Bridging the Equity Comp, Investing & Pay Gap
March 05, 2020 15:00 - 15 minutes - 7.94 MBSara Shoaf and Crystal Dykstra from Charles Schwab discuss bridging the equity comp, investing and pay gap that women face and how to ensure that your female participants understand how to use their equity awards to help reach their personal financial goals. Support the show (http://naspp.com/membership)
ESPP Innovation: Helping Employees Participate
January 24, 2020 22:00 - 15 minutes - 6.78 MBAaron Shapiro of Carver Edison discusses ESPPs historically, current participation rates and how to increase employee participation. Support the show
Equity Outliers-Are They Really Doing That?
January 21, 2020 23:00 - 25 minutes - 10.1 MBFred Whittlesey of Compensation Venture Group discusses equity compensation outliers, delving into the design, accounting and legal implications of these grants and plans that fall outside the "norm" and get buried in complex narratives in SEC filings. Support the show
The CEO Pay Ratio: One Year Down
January 21, 2020 23:00 - 16 minutes - 7.79 MBKevin Wells and Stephen Popowski, from Aon, discuss the CEO Pay Ratio after year one of the disclosure, looking towards year two, challenges companies are facing, thoughts about where the disclosure may evolve in the future, and opinions relative to the (lack of) media attention given to the disclosure. Support the show
Financial Planning for Employees
January 21, 2020 23:00 - 25 minutes - 10.4 MBBruce Brumberg, Editor-in-Chief and co-founder of myStockOptions.com discusses financial planning strategies for employees, helping employees to understand their equity awards and what "financial wellness" means. Support the show
Issues and Mistakes in Counting the Vote
January 21, 2020 23:00 - 13 minutes - 7.07 MBKeith Bishop, Partner with Allen Matkins in Orange County, California, discusses common issues and mistakes companies make with shareholder votes, why it is so important for companies to describe the stockholder voting requirement accurately and some of the most common voting standards. Support the show
Does One Size Fit All? Getting the Most Out of Your Equity Plans
January 21, 2020 23:00 - 21 minutes - 11.3 MBDr. Marshall Vance, PhD, discusses getting the most from your equity plans, how companies can improve plan design and communications to maximize the effectiveness of their plans. Dr. Vance discusses academic research he's conducted relative to equity plans, and what the research reveals. Support the show
Shedding Light on IRS Notice 2018-68
January 03, 2020 19:00 - 32 minutes - 16.4 MBMike Melbinger, Partner with Winston and Strawn, discusses the general purpose of IRS Notice 2018-68, amendments to the definition of a publicly held corporation, details relative to who might be "covered employees" under the new regulations and guidance pertaining to the "grandfathering" rule under 162(m). Support the show
Irrationality, Behavioral Biases, and Award Design
January 03, 2020 16:00 - 25 minutes - 12.9 MBJosh Schaffer, Director at Equity Methods, discusses some of the drivers of behavioral economics and finance, and the impact they have on designing incentive programs. Support the show
Alexa: Exercise My Options
December 11, 2019 17:00 - 18 minutes - 7.9 MBA discussion of technology currently being developed and a look at what the future might bring. Support the show
#72 High Impact Rewards: Are Stock-Based Compensation Plans Keeping Pace? With Pete DeBellis
November 25, 2019 16:00 - 20 minutes - 9.75 MBDiscussion re: data gathered in a recent study by Bersin, Deloitte Consulting Support the show
High Impact Rewards: Are Stock-Based Compensation Plans Keeping Pace?
November 25, 2019 16:00 - 20 minutes - 9.77 MBDiscussion re: data gathered in a recent study by Bersin, Deloitte Consulting Support the show