Reminder that Compensatory Equity Awards can Trigger HSR Requirements
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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.”

  • Partner

    Tony’s multi-disciplinary legal practice focuses on executive compensation, ESOPs and employee benefit arrangements (including their related tax, accounting, securities and corporate governance issues) in the United ...

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