In M&A transactions, it is common for companies to cash out the vested equity awards of the target company and convert any unvested portion of the award into an award that will pay out in the future.

In our latest guest blog post for the NASPP, we look at the various global tax and regulatory considerations and flag potential risks ranging from unfavorable tax treatment to compliance issues under local rules and regulations.  To read the full blog, click here.


Kela Shang is a partner in the Firm’s Palo Alto office and a member of the Global Equity Services Practice Group. Mr. Shang advises multinational companies on the implementation and ongoing compliance of their equity compensation plans, dealing with issues such as securities law compliance, local and cross-border tax obligations, data privacy, exchange control and labor law compliance. He also advises companies on the effects of mergers, reorganizations, spin-offs and other corporate adjustments on their equity programs. Mr. Shang is a member of the National Association of Stock Plan Professionals and the Global Equity Organization.