The Corporate Counsel, Vol. XVII: 1992

November-December 1992

• Mandatory Stock Withholding To Pay Taxes (CC Nov-Dec 92)
• Section 16 Project on Front Burner (CC Nov-Dec 92)
• Staff Brings Four More Section 16 Cease and Desist Actions (CC Nov-Dec 92)
• Old Rule 16b-3 Reminder-Option Exercises Can Be(come) Purchases (CC Nov-Dec 92)
• Issuers Paying Commissions on Executives’ Cashless Exercises (CC Nov-Dec 92)
• Post-IPO Option Exercises Covered By Rule 701 (CC Nov-Dec 92)
• Staff Says Change-In-Control Vesting Acceleration Provision Will Not Upset Disinterested Director Status (CC Nov-Dec 92)
• Gun-Jumping in Our Limited Offering Chart (CC Nov-Dec 92)
• Tidbits from Our December 14-15 New York Seminar (CC Nov-Dec 92)

September-October 1992

• The New Executive Compensation Disclosure Requirements (CC Sept-Oct 92)
• Shareholder Communications Proxy Reform (CC Sept-Oct 92)
• Staff Expands Its Favorable 16b-3 Reload Position (CC Sept-Oct 92)
• Holding Period of Employee Stock Options Cannot Be Tacked to Stock Upon Exercise (CC Sept-Oct 92)
• Staff Now Says Donees May Rely on Rule 701 (CC Sept-Oct 92)
• Staff Confirms Availability of No Registration/No Resale Restriction for ADRs (CC Sept-Oct 92)
• Staff Confirms Non-Affiliate Pledgee May Sell Substantial Amount of Shares Without Restriction (CC Sept-Oct 92)
• Staff Takes Surprisingly Tough Rule 144 Tacking Position in Pre-Divorce Settlement (CC Sept-Oct 92)
• Troubled Companies Issuing Stock in Workout (CC Sept-Oct 92)
• Preliminary Proxy Filing/Review (CC Sept-Oct 92)
• Disinterested Administrators - Who, When, Why? (CC Sept-Oct 92)
• Operating Under Old 16b-3 (CC Sept-Oct 92)
• Operating Under Old 16b-3 (Sept-Oct 92)
• NASPP Update (CC Sept-Oct 92)
• Federal Securities Law Limited Offering Comparison Chart (CC Sept-Oct 92)

July-August 1992

• The Executive Compensation Disclosure Proposals - A Summary and Our Observations (CC July-Aug 92)
• Bonus Stock In Lieu of Compensation Does Not Fit Into the No Registration/No Resale Restriction Position (CC July-Aug 92)
• Staff Says Pledgee Cannot Utilize Rule 144(k) to Sell 65% of Issuer's Outstanding Shares (CC July-Aug 92)
• Cashless Exercises and Charitable Gifts of Option Stock - Don't Forget Form 144 (CC July-Aug 92)
• SEC Proposes Expanding Eligibility for S-3 Registration (CC July-Aug 92)
• Section 16 Interpretations (CC July-Aug 92)
• Our Thoughts on Delay of the Rule 16b-3 Phase-In Date (CC July-Aug 92)
• Replacing Underwater Options - Again (CC July-Aug 92)

May-June 1992

• Preparing for the September 1 Deadline for New Rule 16b-3 (CC May-June 92)
• 410(k) and Other Broad-Based Ongoing Plans Which Permit Investment in Company Stock (CC May-June 92)
• Staff Brightens Clorox Waters (CC May-June 92)
• Short Sales of Restricted Securities (CC May-June 92)
• Staff Provides Rule 16b-3 Guidance on Counting the Number of Shares Used Under Plans (CC May-June 92)
• National Banks May Now Permit Stock-for-Stock Exercises and Stock Withholding (CC May-June 92)
• A Caution on Private Sales of Rule 701 Stock (CC May-June 92)
• Section 16 Proxy Disclosure Update (CC May-June 92)
• Good News: Rule 16b-3 Deadline Delayed to September 1, 1993 (CC May-June 92)

March-April 1992

• Stock Options and Employee Stock Purchase Plans Withholding Income and FICA Taxes (CC Mar-April 92)
• Rule 144 and Short Sales (CC Mar-April 92)
• Section 16 Benign Proxy Disclosures (CC Mar-April 92)
• Staff Muddies Derivative Security Waters With Clorox (CC Mar-April 92)
• Family Trust Form 3 Reporting Pitfall (CC Mar-April 92)
• Reporting Post-Termination Transactions (CC Mar-April 92)
• Section 16 and Omnibus Plans (CC Mar-April 92)
• Staff Confirms Alternative to Six-Month ESPP Holding Period (CC Mar-April 92)
• Using Already-Owned Stock for Tax Withholding-Tax Warning (CC Mar-April 92)
• 4(3) Exemption Not Available to Market Making Activities by Affiliates (CC Mar-April 92)
• The Basic Section 4 Exemptions (CC Mar-April 92)
• Section 12(g) Applies Only to Equity Securities (CC Mar-April 92)
• Caterpillar Enforcement Action Stresses Importance of Management Participation in Prep of MD&A (CC Mar-April 92)
• Our Letter to the SEC (CC Mar-April 92)

January-February 1992

• Form 5 Reporting Employee Stock Plan Transactions May Be Amended Late (CC Jan-Feb 92)
• Partial Relief from Reporting Requirements for Family Trusts (CC Jan-Feb 92)
• General Mills Performance Plan Position Reversed (CC Jan-Feb 92)
• Assumption of Options in Merger - Staff Provides Some Relief From Problems Under New Rules (CC Jan-Feb 92)
• Even Harder Line on Post-Termination Extensions (CC Jan-Feb 92)
• IPO Reminders (CC Jan-Feb 92)
• Immediate Sales by Venture Capital Investors Following IPO (CC Jan-Feb 92)
• Application of Rule 145(d) to Venture Capital Partnerships (CC Jan-Feb 92)
• Private Purchase by Affiliate Does Not Start New Two-Year Holding Period (CC Jan-Feb 92)
• Employee Benefit Plans - How to Determine When S-8 Shares are Used Up (CC Jan-Feb 92)
• Staff Permits Use of S-8 to Cover Options Transferred Pursuant to QUADRO (CC Jan-Feb 92)
• Default on Loan Makes S-3 Unavailable to Issuer Even After Loan is Restructured (CC Jan-Feb 92)
• Private Sales of Rule 701 Stock (CC Jan-Feb 92)
• Using Already-Owned Stock for Tax Withholding Without a Window Period or Six-Month Advance Election (CC Jan-Feb 92)
• The SEC's Executive Compensation Proposals (CC Jan-Feb 92)
• Software Programs for Preparing Forms 3, 4 and 5 (CC Jan-Feb 92)