January 13, 2004
Reminder about Tomorrow’s Section 16
Don’t forget tomorrow’s special webcast – “Alan Dye on the Latest Section 16 Developments” – for members of the NASPP and Section16.net. You can ask questions and learn the latest Section 16 practice tips from Alan Dye!
An audio archive and transcript will be posted following the live webcast. The non-member fee for this special webcast is $495. If you wish to access this important program, you may simply take advantage of a no-risk trial to Section16.net or the NASPP.
If you have not renewed your Section16.net or NASPP membership for 2004, you will not be able to access the webcast – scroll down to yesterday’s blog for info about how to renew right away!
ISS Releases Updated Voting Policies
As Pat McGurn predicted in our October webcast – “The Wildest Proxy Season Ever: Forecast for 2004” – ISS has amended its voting guidelines for this year. This update includes many significant changes, the most drastic of which will affect stock-based incentive plans. The new policies are effective for shareholder meetings held on – and after – February 1, 2004.
More details about ISS’ updated policies are provided in an interview with Pat McGurn on Changes in ISS’s 2004 Voting Guidelines – as well as in two extensive memos from ISS posted in our “Proxy Season Resource Center” (they are also linked from Pat’s interview).