referencelibrarybanner
Board Diversity
Reference Library - Advanced Search
Find
 


Library 



 
Timeframe
Category
 
Sub-Category
** To make multiple selections, select the first criterion and then press and hold the Ctrl Key **
 
1- 1 of 1 Search Results for:
Libraries:   FAQs - Listings
Filters:   Shareholder Approval; All
 
Search   Clear


Expand All Printer Friendly View Mailto Link 
Page: 1 of 1
Frequently Asked Questions
  Is a change to the "sublimit" within an equity compensation plan a material change?
Identification Number 1673

An equity compensation plan must provide for an overall limit on the number of shares that may be issued under the plan. In some cases, a plan may also include a further "sublimit" on the number of shares available for a particular type of award, such as restricted stock or options.

A revision to increase the number of shares available under such a sublimit would, generally, be a material amendment to the equity compensation plan because this change would be an expansion of the types of awards available under the plan.

Publication Date*: 1/11/2019 Mailto Link Identification Number: 1673
Page: 1 of 1
home_footer_links
Copyright_statement
App Store       Google Play       Listing Center Content RSS Feed
The Nasdaq Stock Market, Nasdaq, The Nasdaq Global Select Market, The Nasdaq Global Market, The Nasdaq Capital Market, ExACT and Exchange Analysis and Compliance Tracking system are trademarks of Nasdaq, Inc.
FINRA® and Financial Industry Regulatory Authority, Inc.® are registered trademarks of Financial Industry Regulatory Authority, Inc. OTCBBTM and OTC Bulletin BoardTM are trademarks of FINRA