Why is the stock awards figure different from the companys disclosed figure under the new SEC disclosure rule?
A.) The stock awards figure in the executive compensation section shows the full grant date value rather than the amortized value over the requisite period. The full grant date value is reported in the Grants of Plan-Based Awards table. If the full grant date value is not reported, the target number of units/shares under equity incentive plan is multiplied by the closing stock price on the grant date.
Related Questions
- Who prepares the paperwork and who submits the request for removal of the Rule 144 legend to the Company’s stock transfer agent?
- What if I am a corporate insider and own stock that is restricted under SEC Rule 144 or 145? Can I donate restricted stock?
- Why is the option awards figure different from the companys disclosed figure under the new SEC disclosure rule?
