UPDATE: Jeremy Goldstein Scores A Knockout… Option That Is
Jeremy Goldstein is an attorney who focuses on executive compensation law. He is a partner at his own law form Jeremy Goldstein and Associates. He has been at the center of the largest executive compensation cases and largest mergers within the past ten years. Before he founded his own form he was a partner at Wachtell, Lipton, Rosen, and Katz.
Jeremy Goldstein also belongs on several committees dealing with the subject of executive compensation. He is the Chair of the Mergers and Acquisitions Subcommittee of the Executive Compensation Committee for the American Bar Association Business Section. He also writes many articles on the topic of law and executive compensation. In this particular case, Jeremy Goldstein talks about something called knockout options and how they can help employers save money.
Giving stock options to employees has been a popular way to give bonuses to those who work really hard. Nowadays the option has become very expensive for employers to keep track of. One solution to this problem for employers is to give employees something known as knockout options. These options have the same time frame as other options but if the price of the stock goes below a certain value then the employee loses that option. For example, if a stock is valued at one hundred dollars and the value goes down to fifty dollars for a considerable length of time the knockout option would be in effect and the employee would lose the value of that stock. It helps employers save money and taxes as well.
Jeremy Goldstein knows how to explain the law for the average person. He makes it understandable, clear and concise. This is why he has become a sought-after authority on the law and how it works. This is one reason why he does what he does.
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Jeremy Goldstein is an attorney located in New York City. He is currently a partner at Jeremy L. Goldstein and Associates. Prior to working and founding Jeremy L. Goldstein and Associates, he was a partner at Wachtell, Lipton, Rosen and Katz.
At Wachtell, Lipton, Rosen and Katz, Jeremy Goldstein was active within the firm regarding compensation practices and mergers and acquisitions. Jeremy Goldstein was at Wachtell, Lipton, Rosen and Katz from July 2000 to June 2014. Jeremy Goldstein is also a contributor at the Harvard Law School Forum on Corporate Governance and Financial Regulation.
Visit http://jlgassociates.com/ for more information.