United States:
C-Suite Compensation Center Blog: Reminder That Compensatory Equity Awards Can Trigger HSR Requirements
20 December 2018
Hunton Andrews Kurth LLP
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The recent settlement by James Dolan, CEO of Madison Square
Garden Co. (MSG) serves as a reminder that the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended ("HSR
Act") can apply to compensatory equity awards. To avoid
violations, a publicly-traded issuer should monitor (at least
annually) equity grants and outstanding equity awards for ongoing
HSR Act compliance. To learn more, please see our Client Alert entitled "Not Just a Merger
Issue – Compensatory Equity Awards Can Trigger HSR Filing
Requirements."
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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