Talking Stock Podcast

Host Brian Wydajewski introduces San Francisco Global Equity Services partner Nicole Calabro and attorney Tri Trung Pham from Hanoi. They discuss a number of factors that companies must consider when seeking to grant equity awards to employees in Vietnam.

Host Brian Wydajewski introduces Global Equity Services partner Barbara Klementz from San Francisco and Employment & Compensation Partner Agnès Charpenet from Paris to discuss the latest developments surrounding France's tax preferential regime for equity awards.

Host Brian Wydajewski introduces San Francisco-based executive compensation partners Victor Flores and Sinead Kelly to discuss the various issues arising in the area of inbound equity compensation grants.

Host Brian Wydajewski introduces London Compensation and Benefits partner Jeremy Edwards and New York Global Equity Services partner Lindsay Minnis to discuss Brexit and the implications for companies offering equity compensation in the U.K., as well as the EU Prospectus Directive and its successor, the EU Prospectus Regulation.

Host Brian Wydajewski introduces Moscow Baker McKenzie partner a Sergei Zhestkov and Global Equity Services partner Narendra Acharya in Chicago, to discuss the current legal and regulatory landscape facing U.S. companies that are looking to grant stock options, RSUs, and other forms of equity compensation to employees in Russia.

Host Brian Wydajewski introduces the chair of Baker McKenzie Global Equity Services Practice Valerie Diamond and Tokyo attorney Kosuke Yatabeto discuss one of the more costly and burdensome issues faced by U.S. multinationals granting stock awards in Japan —Japanese securities laws.

Host Brian Wydajewski introduces Shachar Porat, a partner from the firm Herzog Fox & Neeman in Tel Aviv and San Francisco Global Equity Services partner Jill Guinn to discuss Section 102 of the Israeli Tax Ordinance, its benefits and various alternatives for granting tax preferential awards in Israel.

Host Brian Wydajewski introduces tax counsel Erica Kidston from Australia and San Francisco Global Equity Services partner Denise Glagau to discuss the annual tax reporting obligations that arise in July and August for companies granting stock-based awards in Australia.

Brian Wydajewski welcomes June Anne Burke — Global Equity Services Partner at Baker & McKenzie — to discuss how to properly structure equity compensation awards outside of the United States.

In this 10-episode series of Talking Stock, Baker & McKenzie's Global Equity Services Practice outlines 10 strategies to maximize the rewards and mitigate the risks of your global equity program.

Key Takeaways:

[0:58] Esq. Burke describes the basic categories of employment related concerns when granting equity awards in other countries.

 

[4:07] Certain countries and regions of the world carry more employment-related risks than others — including, but not limited to, Latin America.

 

[5:10] The best ways to address employment-related risks is to ensure the distinction between the U.S. based parent company and its non-U.S. affiliate is very clear.

 

[7:59] Best practices with regards to new employment in conjunction with non-U.S. equity awards are explained.

 

[11:16] Esq. Wydajewski summarizes the key aspects of structuring equity compensation outside of the U.S. and introduces the next episode.

Mentioned in This Episode:

Baker & McKenzie

 

Disclaimer:

Baker & McKenzie International is a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a "partner" means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an "office" means an office of any such law firm. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee a similar outcome. Before you send e-mail to Baker & McKenzie, please be aware that your communications with us through this message will not create a lawyer-client relationship with us. Do not send us any information that you or anyone else considers to be confidential or secret unless we have first agreed to be your lawyers in that matter. Any information you send us before we agree to be your lawyers cannot be protected from disclosure.

Brian Wydajewski welcomes Aimee Soodan — Global Equity Services Partner at Baker & McKenzie — to talk about employee stock purchase plans and best practices in implementing such complex programs.

In this 10-episode series of Talking Stock, Baker & McKenzie's Global Equity Services Practice outlines 10 strategies to maximize the rewards and mitigate the risks of your global equity program.

Key Takeaways:

[0:08] Esq. Soodan explains how existing 423 plans cannot be used “as is” outside of the U.S., both because of code section 423 requirements and local law.

 

[3:22] Key challenges in the context of non-U.S. ESPP are numerous, but the main categories covered here are securities law, exchange control, tax and labor and employment.

 

[8:07] Best practices for ESPP outside of the U.S. include establishing a minimum threshold, internationalizing documents, annual reviews of local law and local reporting requirements.

 

[11:07] Esq. Wydajewski summarizes the key aspects of implementing an ESPP program and introduces the next episode.

Mentioned in This Episode:

Baker & McKenzie

ESPP Under Internal Revenue Code 423

 

Disclaimer:

Baker & McKenzie International is a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a "partner" means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an "office" means an office of any such law firm. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee a similar outcome. Before you send e-mail to Baker & McKenzie, please be aware that your communications with us through this message will not create a lawyer-client relationship with us. Do not send us any information that you or anyone else considers to be confidential or secret unless we have first agreed to be your lawyers in that matter. Any information you send us before we agree to be your lawyers cannot be protected from disclosure.