Course Description: This is an intermediate-level course covering the application of Internal Revenue Code §409A to equity-based compensation arrangements, including stock options, stock appreciation rights (SARs), restricted stock, and restricted stock units and other phantom equity arrangements. In this course we will examine the situations in which §409A applies to these arrangements, as well as any relevant exemptions. In addition to explaining important definitions and describing fair market value considerations, this course will discuss the ramifications of modifying, extending, and substituting stock options and SARs pursuant to common corporate transactions, such as spin-offs.
Course Level: Intermediate
Course Prerequisites: None
Delivery Method: Self-study
After completing this course you will be able to: