Named Executive Officers

Summary

This practice note discusses some considerations to take into account when advising a public company client on complying with Item 402(a)(3) of Regulation S-K (17 C.F.R. § 229.402) in preparing its proxy statements and annual reports on Form 10-K to be filed with the Securities and Exchange Commission (SEC). Item 402(a)(3) provides that disclosure of executive compensation, as otherwise mandated by Item 402, is required for certain identified individuals known as named executive officers (NEOs).