Phantom Stock Plan Review – Large Community Bank Holding Company

  • Client’s Objectives: Assist Board Compensation Committee in reviewing their CEO’s phantom stock plan (PSP) and analyze advantages/disadvantages of various payout options
  • Project:
    • Participated in Board Compensation Committee’s PSP review discussions
    • Ensured PSP model was functioning correctly and recent information input was accurate
    • Analyzed bank’s advantages and disadvantages of various payout options
  • Results: Supported Board Compensation Committee’s review process and discussions with their CEO
  • Value: Provided comfort to both Board Compensation Committee and CEO that the PSP model/resulting liability was accurate and quantified various retirement payout options