{"id":2747,"date":"2023-10-18T16:01:52","date_gmt":"2023-10-18T20:01:52","guid":{"rendered":"https:\/\/seci.wpenginepowered.com\/?p=2747"},"modified":"2023-10-18T16:01:57","modified_gmt":"2023-10-18T20:01:57","slug":"corpfin-issues-compliance-and-disclosure-interpretations-for-pay-versus-performance-and-executive-compensation-questions","status":"publish","type":"post","link":"https:\/\/seciblog.pli.edu\/index.php\/corpfin-issues-compliance-and-disclosure-interpretations-for-pay-versus-performance-and-executive-compensation-questions\/","title":{"rendered":"CorpFin Issues Compliance and Disclosure Interpretations for Pay versus Performance and Executive Compensation Questions"},"content":{"rendered":"<p style=\"font-weight: 400;\">On September 27, 2023, <a href=\"https:\/\/www.sec.gov\/divisions\/corpfin\/cfnew\">CorpFin issued ten new Compliance and Disclosure Interpretations<\/a> (C&amp;DIs) addressing questions about Pay versus Performance (PvP) disclosures and the use of non-GAAP measures in executive compensation disclosures.<\/p>\n<p style=\"font-weight: 400;\">The <a href=\"https:\/\/www.sec.gov\/divisions\/corpfin\/guidance\/regs-kinterp.htm#128D.14\">nine new PvP C&amp;DIs<\/a> address a number of technical issues such as the treatment of pre-IPO equity awards in periods after a company\u2019s IPO, vesting considerations for awards with market conditions, and how to treat awards that vest because the holder becomes retirement eligible.<\/p>\n<p style=\"font-weight: 400;\">The <a href=\"https:\/\/www.sec.gov\/divisions\/corpfin\/guidance\/regs-kinterp.htm#118-08\">one new executive compensation C&amp;DI<\/a> addresses an exception to non-GAAP measure disclosure requirements when a non-GAAP measure is included as a target in S-K Item 402 disclosures.\u00a0 It clarifies that a non-GAAP measure disclosed in executive compensation disclosures that does not relate to target levels is subject to the non-GAAP disclosure requirements in <a href=\"https:\/\/www.ecfr.gov\/current\/title-17\/chapter-II\/part-244\">Regulation G<\/a> and <a href=\"https:\/\/www.ecfr.gov\/current\/title-17\/chapter-II\/part-229#229.10\">S-K Item 10(e).<\/a><\/p>\n<p style=\"font-weight: 400;\">As always, your thoughts and comments are welcome.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 27, 2023, CorpFin issued ten new Compliance and Disclosure Interpretations (C&amp;DIs) addressing questions about Pay versus Performance (PvP) disclosures and the use of non-GAAP measures in executive compensation disclosures. The nine new PvP C&amp;DIs address a number of technical issues such as the treatment of pre-IPO equity awards in periods after a company\u2019s &hellip; <a href=\"https:\/\/seciblog.pli.edu\/index.php\/corpfin-issues-compliance-and-disclosure-interpretations-for-pay-versus-performance-and-executive-compensation-questions\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">CorpFin Issues Compliance and Disclosure Interpretations for Pay versus Performance and Executive Compensation Questions<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[242],"tags":[],"coauthors":[154],"class_list":["post-2747","post","type-post","status-publish","format-standard","hentry","category-reporting"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/2747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=2747"}],"version-history":[{"count":0,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/2747\/revisions"}],"wp:attachment":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=2747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=2747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=2747"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/coauthors?post=2747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}