Author Description

In recent years, the level of legal, accounting, and regulatory complexity associated with employee stock options has only grown. This book, written by attorney Alisa Baker, a leading equity compensation expert, presents a straightforward, comprehensive overview of both the big-picture issues and the technical details related to designing and implementing stock option plans. The book also looks at "hot" issues and provides illustrative exhibits, a glossary, a bibliography, and primary source materials, plus a seminal article by Corey Rosen on plan design. Among many changes noted throughout the text, the sixth edition includes new material on the impact of new IRS cost-sharing regulations on ISOs, the status of FASB/IASB stock-based compensation rules, the status of post-Sarbanes-Oxley securities law regulations, a summary of the proposed ISO regulations, a discussion of down-market ESPP scenarios, recent SRO shareholder approval rules, restricted stock units and the Microsoft plan, and standards for independent compensation committees. Additionally, the book now features an index.