United States of America Image
ARTICLE
11 November 2024
MPHASIS GRANTS 25,000 STOCK OPTIONS, 12,000 RSUS TO EMPLOYEES UNDER ESOP 2016, RSU PLAN 2021
External News

mint

Design and strategy
Stock options
India
USA

Mphasis Limited announced the granting of 25,000 stock options under its ESOP 2016 and 12,000 restricted stock units (RSUs) under its RSU Plan 2021 to eligible employees, effective November 7, 2024, as approved by its ESOP Compensation Committee. The stock options have an exercise price of ₹2,900, with equal vesting over five years and a 60-month exercise period, while the RSUs, priced at ₹10, follow a progressive vesting schedule of 10%, 20%, 30%, and 30% over five years, catering to both Indian and US-based employees. These equity grants are administered through the Mphasis Employees Equity Reward Trust, ensuring compliance with SEBI regulations, and the announcement was officially submitted to the BSE and NSE by Senior Vice President and Company Secretary Subramanian Narayan

ARTICLE
1 October 2024
TRENDS IN EQUITY COMPENSATION: REPORT 2024
External News

J.P. Morgan

Data and business intelligence
All plan types
USA

J.P. Morgan's 2024 Workplace Solutions trends in equity compensation report, based on a global survey of over 200 equity compensation professionals, highlights key challenges and opportunities in employee equity compensation. Findings reveal that one in three companies struggles with reporting, almost half face challenges in participant communication and education, and four out of five offer equity plans to C-suite executives. Additionally, 63% of public companies outsource some or all of their plan administration, reflecting the complexities of managing equity compensation globally.

ARTICLE
28 October 2024
EXECUTIVE COMPENSATION CONSIDERATIONS IF IPO MARKETS PICK BACK UP IN 2025
External News

JDSUPRA

Private and pre-IPO companies
All plan types
USA

As IPO activity is anticipated to increase in 2025, private companies planning for an IPO must carefully prepare their executive compensation programs to ensure successful transitions and sustained engagement. Pre-IPO considerations include addressing potential "cheap stock" issues through frequent valuations, proper recordkeeping, and alignment with SEC requirements, while also reviewing equity and bonus structures to incentivize executives. Post-IPO preparations often involve adopting a new equity compensation plan, granting IPO-related awards, formalizing executive agreements, and potentially implementing an Employee Stock Purchase Plan (ESPP) to align incentives for broader employee engagement and long-term success.

ARTICLE
31 October 2024
RUTGERS LAUNCHES UNIVERSITY CONSORTIUM ON EMPLOYEE SHARE OWNERSHIP TO CONVENE INSTITUTIONS STUDYING BROAD BASED OWNERSHIP OF BUSINESS
External News

News Wise

Data and business intelligence
All plan types
USA

The Rutgers University Institute for the Study of Employee Ownership and Profit Sharing has launched the University Consortium on Employee Share Ownership, a global academic network of 11 institutions aimed at advancing the study and practice of employee share ownership. The consortium will focus on research, teaching, policy analysis, professional education, and community engagement, connecting new initiatives with established resources to enhance scholarship and program development. Supported by the Ford Foundation, the consortium includes institutions such as Oxford University, UC San Diego, and Saint Mary’s University, and will collaborate with organizations like the National Center for Employee Ownership to grow and expand its impact.

ARTICLE
28 October 2024
REMOTE AND CARTA TACKLE EQUITY COMPENSATION WITH REMOTE EQUITY
External News

Business Wire

Operational effectiveness
All plan types
USA

Remote has launched Remote Equity, a solution designed to simplify global equity compensation by enabling companies to create and manage legally compliant stock option plans for international talent. Partnering with Carta, Remote Equity integrates with Carta's cap table management solutions, providing synchronized draft option grants, seamless document generation, and country-specific insights to streamline cross-border equity offerings. This collaboration enhances equity compensation accessibility, reduces legal complexity, and supports a holistic view of global compensation programs for both employees and contractors.

ARTICLE
16 October 2024
ANSON RESOURCES RAISES A$2.3 MILLION IN OVERSUBSCRIBED SHARE PURCHASE PLAN
External News

Proactive Investors

Trending now
Employee stock purchase plans (ESPP)
USA

Anson Resources raised A$2.3 million through an oversubscribed share purchase plan (SPP), complementing an earlier A$5 million share placement to fund its lithium brine projects in the U.S. This funding will support the development of its flagship Paradox Lithium Project, which has a projected lithium carbonate equivalent (LCE) output of 13,074 tonnes per year, as well as the nearby Green River Lithium Project. Anson’s executive chair, Bruce Richardson, noted strong shareholder endorsement for the company’s growth strategy, with plans to use patented direct lithium extraction technology to maximize production efficiency.

ARTICLE
20 September 2024
ZOOM TO CUT BACK ON STOCK-BASED COMPENSATION, JOINING SALESFORCE, WORKDAY
External News

Yahoo Finance

Trending now
All plan types
USA

Zoom Video Communications is scaling back its employee stock compensation plan, joining other tech firms like Salesforce and Workday in addressing concerns over high levels of stock issuance leading to shareholder dilution. CEO Eric Yuan noted that issuing large amounts of equity is unsustainable, with plans to reduce stock grants and phase out the performance equity plan over the next two years, substituting some equity compensation with higher cash bonuses. This trend reflects broader industry challenges, as tech firms adjust compensation strategies in response to fluctuating stock values and investor concerns over dilution.

ARTICLE
10 October 2024
OPENAI IS IN THE BUSINESS OF MAKING OPENAI EMPLOYEES RICH
External News

Sherwood News

 

 

 

Trending now
All plan types
USA

OpenAI has compensated its employees generously, with stock compensation ranging from $400,000 to $2,000,000 per employee in the first half of 2024, following a $6.6 billion funding round that valued the company at $157 billion. OpenAI projects explosive revenue growth, aiming to scale from $4 billion in 2024 to $100 billion by 2029, although this aggressive expansion comes with high compute costs that are expected to reach $5 billion this year alone. Given the lucrative compensation and opportunities to cash out equity, several longtime employees have left, capitalizing on their wealth and demand in the tech sector, highlighting challenges OpenAI may face in retaining talent amid mission shifts.

Stephen Fackler headshot

Stephen Fackler, FGE

Partner
Gibson Dunn & Crutcher LLP
United States

Class of 2024

Amanda photo

Amanda Benincasa Arena, FGE

Partner, Equity Services 
Aon
United States

Class of 2024