Orrick Partners Provide Insights on Direct Listings and Private Company Equity Compensation for Nasdaq Private Market

NPM Resource Center
October.02.2017

Orrick partners Andrew Thorpe and Christine McCarthy share their insights in videos produced by Nasdaq Private Market for the launch of their NPM Resource Center. The Resource Center is intended to be a shared library of resources exploring different topics related to private issuers, including primary capital raising, equity compensation and secondary liquidity.

Andrew provides an overview of direct listings and reasons why a company might choose to pursue one.

Christine talks about underwater stock options, extended option programs and the impact of staying private longer on equity compensation programs.

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Christine McCarthy パートナー, Compensation & Benefits, Technology Companies Group

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D:+1 650 614 7634
E: [email protected]

Practice:

Technology & Innovation Sector
Compensation & Benefits
Technology Companies Group
役員報酬
Mergers & Acquisitions

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Christine McCarthy パートナー

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Christine has extensive experience advising on all aspects of equity and executive compensation plans and arrangements for multinational private and public companies, including large Fortune 500 public companies. Such advice covers the design, administration, and implementation of such plans and arrangements, as well as compliance with applicable federal and state laws, including corporate, securities and tax laws, NASDAQ/NYSE rules, and accounting rules. In addition, Christine counsels clients on corporate governance related issues that arise with respect to such plans and arrangements and regularly prepares disclosure required to be included in annual proxy statements, Form 10-K reports and Form 8-K filings.

Christine:

regularly advises compensation committees, Boards of Directors, companies, management and executives on employment agreements, severance agreements, equity compensation plans and agreements and similar arrangements;
has extensive experience advising late stage private companies on the specific compensation-related challenges facing these companies and, in particular, is known for her thought-leadership in designing and creating private company restricted stock unit programs and extended stock option exercise programs;
advises late stage private companies on the issues that arise during the preparation, lead-up to and implementation of their initial public offering, including issues related to executive and equity compensation, as well as, corporate governance and disclosure related matters; and
advises clients on merger and acquisition transactions, including issues related to executive and equity compensation, post-closing integration, Internal Revenue Code Section 409A (deferred compensation) and Internal Revenue Code Section 280G (the golden parachute rules).

Before joining the firm, Christine practiced at Cooley Godward Kronish LLP, Gray Cary Ware & Freidenrich LLP, and McDermott Will & Emery LLP.

Christine speaks and publishes articles regularly on executive and equity compensation related topics.

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