I just finished reading “Bad Blood: Secrets and Lies in a Silicon Valley Startup” (John Carreyrou), the page-turner of a non-fiction about the rise and collapse of Silicon Valley blood diagnostic company, Theranos, and the now infamous founder, Elizabeth Holmes. The shocking details are physically...
With all of the tax reform changes, stock market volatility and political noise going on these days, it would have been easy to miss the FASB Accounting Standard Update 2018-07. But it’s one you definitely want to know about! If you’re issuing stock options or...
Sometimes, surprisingly, life shows us where business practices originate. It’s not often, though, that we can tie them to an NBA trade. This past weekend, our beloved Sixers traded Robert Covington, Dario Saric, Jerryd Bayless and a second-round pick to the Minnesota Timberwolves for Jimmy...
McKinsey & Company recently released their 2018 Women in the Workplace report. Save-you-a-click, (though it’s worth a read) it doesn’t look good. Despite earning more bachelor’s degrees then men, staying in the workplace as long, and negotiating as hard, the progress of women’s advancement has...
Privacy! That’s what. Specifically, the protection of privacy for European Union and a few other countries’ citizens. So, if you're a business like ours, that has clients with plan participants and/or shareholders all over the world, you need to be compliant with the GDPR rules. What...
OptionTrax offers the convenience of 409A valuation subscription services with the security of independent, qualified appraisers. Whether you’re a private company already issuing stock options or other equity compensation, or just considering issuing this type of incentive, then you’ve likely had (or at least heard of) a...
We know you are doing your software due diligence, and sure, there are cheaper versions of equity plan administration and securities record-keeping software that you can buy. Isn’t there always something cheaper you can buy, no matter what it is? Do we really have to...
As you’ve likely heard, in March of 2016, the FASB board released an Accounting Standards Update (Update 2016-09) with several changes that impact accounting standards for stock option and equity compensation plans. The intent of these changes was to simplify the accounting processes related to...
Plan Management Corp. was recently asked about what to include in employee stock option agreements. It is such a good question, that we thought we’d include our answer here as well. The option agreement is the critical document used to clearly lay out the award...
Wells Fargo has officially announced that it will be clawing back $41 million from CEO John Stumpf, and an additional $19 million from former community-banking head Carrie Tolstedt, in the form of unvested equity awards. With the increase of “say-on-pay”, where investors demand the right...