Category: New York

“KNOCKOUT,” Jeremy Goldstein`s Option To Save Employees

Many employees have been denied the stock options recently by quite some corporations. Most corporations do that to minimize expenses, but there are other intricate reasons. Jeremy Goldstein elaborates three main reasons that often make firms restrain these aids.

 

One of the options is massive dropping of the stock value, which hinders employees from exercising their stock options. That leads to overhanging as businesses still have to report the cost incurred. A pretty good number of employees have become suspicious of the compensation methods. Some firms take the plans as an advantage to grab massive amounts of money. Accounting is another problem that Jeremy Goldstein mentioned. The exact cost can raise the financial benefits for the stockholders, which is always not considered by the staff members.

 

Right strategies should be laid to avoid excessive expenses if organizations want to resume with giving options to their employees. Jeremy Goldstein also invented a new solution to the problem, known as “KNOCKOUT.” It means that the valid time of a stockholder expires when the buying price reflects less than half the original price. The solution allows the employees to prevent companies from dropping the stock value below the average. That also favors firms because they can be more accurate in their annual proxy earnings.

 

About Jeremy

Jeremy Goldstein has more than 15 years’ experience as a business lawyer. That is what made corporations and firms hire him as their legal adviser on matters concerning employee’s benefits. It leads to the implementation of the mandatory advisory vote.

 

Jeremy also established a law firm known as Goldstein Independently in New York. That was after working as a partner in a similar company. In jutting organizations such as Duke Energy, Verizon, Merck, AT&T and many others, he also played an essential role to significant transactions. Jeremy Goldstein`s “knockout” options have helped many employees and firms.

 

Connect with Jeremy Goldstein on LinkedIn.