NATIONAL ASSOCIATION OF
STOCK PLAN PROFESSIONALS
Accounting 201 for Stock Plans
Presented by:
Elizabeth Dodge
Stock & Option Solutions, Inc.
Terry Adamson
Radford Valuation Services
This session will review the following:

Valuation inputs

Applying forfeiture rates & true ups

Tranche-by-tranche accrual

Retirement eligibility
WHEN:
Thursday, March 4, 2010
TIME:
12:00 – 1:00 p.m.
PLACE:
Webcast
Phone: 866-982-8346 (ID: 2297691)
WebEx: https://ecm.webex.com/ecm/j.php?ED=133886207&UID=0&PW=d060575a5e58404459
1. Go to WebEx link
2. Enter your name and email address
3. Enter the meeting password: ohnaspp
4. Click "Join Now"
RSVP:
http://www.surveymonkey.com/s/RSND3W6
CEP CREDIT: 1 hour
SPEAKER BIOGRAPHIES:
Elizabeth Dodge
Elizabeth is the Vice President of Product Management for Stock & Option Solutions, Inc. (SOS). Her
responsibilities include monitoring new developments in the equity compensation arena, performing
market research, speaking at industry events and helping to define the product roadmap for SOS.
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Elizabeth has been designing and product managing financial software for the past 14 years, eleven of
those for equity compensation applications. She joined ShareData in 1998 where she designed
functionality for the Equity Edge application from 1998 to 2007. ShareData was acquired by ETRADE
in 1998. She was the sole and/or Senior Product Manager for Equity Edge for ETRADE from 2001 to
2007. With input and assistance from several major audit firms, Elizabeth designed and rolled out the
initial functionality for RSUs, variable accounting under APB 25 (FIN 44), non-employee accounting
under EITF 96-18, FAS 123(R), FAS 109, diluted EPS for restricted stock, vest schedule adjustments,
retirement eligibility, and mobility tracking. She also revamped valuation for ESPP, designed
corrections to the diluted EPS calculations for options, updated the leave of absence function to allow
multiple LOAs, expanded the participant tax functionality to allow unlimited taxes, reworked the
expected term and forfeiture reporting, and added many other key functions and reports.
After leaving ETRADE, Elizabeth joined BNY Mellon Shareowner Services Employee Stock Plan
Services as VP of Product Management. Her mandate at Shareowner Services was to develop the
product management skills and industry expertise of the product group. She designed and managed
substantial advances to the performance awards functionality, the participant website, and the FAS
reporting at Shareowner Services. Elizabeth joined SOS in July of 2008. Prior to product management,
her software experience was in designing, testing, and supporting financial software applications.
Elizabeth regularly speaks on industry trends and product development at client and industry events
including NASPP and NCEO webcasts, GEO and NASPP Chapter meetings, User Groups, and the
NASPP Annual Conference. She was also selected to speak at the West Coast FASB Roundtable on
FAS 123(R) and has recently co-authored the chapter on accounting for equity compensation in The
Stock Options Book, 11th edition, by Alisa Baker. She became a Certified Equity Professional in 1999
and continues to volunteer for the Certified Equity Professional Institute. She is also volunteers for the
Silicon Valley Chapter of the NASPP and the NCEO.
Terry Adamson
Terry Adamson is senior vice president of Radford Valuation Services, the equity valuation group of
Aon Consulting, and has nearly fifteen years of benefit and compensation consulting experience. Terry
is involved with all phases of equity compensation valuations including design of executive packages;
valuation of compensatory arrangements for purposes of a change in control under IRC 280G;
sabbatical valuations under FAS 43/EITF 06-2; and Employee Stock Option (ESO) valuations and
Employee Stock Purchase Plans under FAS 123(R). Additionally, Terry consults with clients on issues
involving all aspects of a company’s benefit and equity programs in mergers, acquisitions and
divestitures.
As National Practice Leader for Radford’s ESO valuation practice and the lead project manager, Terry
manages a team of valuation experts and is responsible for the completion of quarterly FAS 123(R)
accounting valuations in addition to being the primary client contact. Some of his current clients are
3M, Altera Corp, AMD, Applied Materials, Bank of New York, McDonald’s, Prudential Financial,
Symantec, UnitedHealth Group, US Bank, and Wells Fargo Bank.
Terry recently co-authored articles in: Tax Management Compensation Planning Journal, “Golden
Parachutes – New Planning Opportunities” and “Executive Compensation Audits – Planning Now to
Avoid Trouble Later;” Benefits Quarterly, “Employee Stock Options – New Valuation Responsibilities
and Planning Opportunities;” WorldatWork Journal, “Performance Equity Plans: The Design and
Valuation Under FAS123(R);” The Journal of Employee Ownership Law and Finance, “A Technical
Roadmap to Expense Allocation Under FAS123(R);” and Compensation and Benefits Review, “No
Vacation on Sabbatical Plan Accounting.”
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Terry earned a Bachelor of Science in Mathematics from Georgetown University. He was on the FASB
Round Table on Employee Share Options and is the Chairperson of the Society of Actuaries Taskforce
on stock option valuation. Terry is a Certified Equity Professional (CEP) and serves on the Curriculum
Committee of the CEP. He is based in Philadelphia.
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