Stock plan administration.Two Step Software Inc., a provider of corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and stock plan administration solutions, has introduced Equity Focus. It calls the product "the first fully integrated stock plan administration system with both option expensing under FAS 123(R) and corporate governance records management." Equity Focus is a browser-based stock plan administration system that helps financial executives and stock plan administrators at venture-backed and other privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. make multimillion-dollar decisions concerning new investors, merger partners or any future exit strategy "with the confidence that they have a complete picture of every aspect of their companies' total capitalization Total capitalization The total long-term debt and all types of equity of a company that constitutes its capital structure. total capitalization See capitalization. ," the Needham, Mass., company said in an announcement. "In addition to calculating FAS 123(R) valuations and amortization, it helps them manage complex stock plans, anticipate effects of various financing options on future capital structures, track dividends and distributions and create fully diluted capitalization tables Capitalization table A table showing the capitalization of a firm, which typically includes the amount of capital obtained from each source - long-term debt and common equity - and the respective capitalization ratios. ." Stock plan administrators stand to benefit from the way that Equity Focus integrates stock and option records with the supporting corporate governance documents. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Rose Mary Abrams, corporate paralegal paralegal n. a non-lawyer who performs routine tasks requiring some knowledge of the law and procedures, employed by a law office or who works free-lance as an independent for various lawyers. and stock plan administrator at AmberWave Systems Corp. of Salem, N.H., "At the beginning of each month, I reconcile new stock issuances, confirm option grants or exercises, update the cap tables and report the ownership information in many different ways. "In the past, the volume of data and complex nature of our ownership made calculating and reporting such information very time-consuming. But now, at any point in time, I have accurate ownership information at my fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. that may be needed by our attorneys, board members, potential investors, stockholders or employees." Content for this column has generally been developed from promotional materials sent by the companies, which have not paid to appear. Web: www.twostep.com |
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