Shareholder Approval of an Equity Plan by a Public Company | Practical Law

Shareholder Approval of an Equity Plan by a Public Company | Practical Law

A Practice Note describing the listing rules of the New York Stock Exchange (NYSE) and the Nasdaq Stock Market that require listed companies to obtain shareholder approval of all equity compensation plans and material revisions to these plans, including the limited exceptions to these rules. This Practice Note also describes other things to consider when obtaining approval of an equity compensation plan, such as proxy advisor scoring and review, the equity plan voting guidelines followed by institutional investors, certain disclosure obligations, and other securities law requirements.    

Shareholder Approval of an Equity Plan by a Public Company

Practical Law Practice Note 6-554-3367 (Approx. 16 pages)

Shareholder Approval of an Equity Plan by a Public Company

by Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
A Practice Note describing the listing rules of the New York Stock Exchange (NYSE) and the Nasdaq Stock Market that require listed companies to obtain shareholder approval of all equity compensation plans and material revisions to these plans, including the limited exceptions to these rules. This Practice Note also describes other things to consider when obtaining approval of an equity compensation plan, such as proxy advisor scoring and review, the equity plan voting guidelines followed by institutional investors, certain disclosure obligations, and other securities law requirements.