September 12, 2007
To: Contacts from Potential Contributing Companies
Thank you very much for your interest in contributing data to the Society of Actuaries' groundbreaking new study that will investigate the motivating factors contributing to the exercise of stock options. The initiation of the study has been driven by the recently revised Financial Accounting Standard (FAS) 123(R), which had as one of its goals ensuring that financial statements faithfully represent the fair value of stock option plans, among other share-based compensation.
The SOA has appointed a team of prominent researchers in the area of share-based compensation to conduct the study. Jennifer Carpenter of New York University, along with Richard Stanton and Nancy Wallace of the University of California at Berkley, will lead the effort in consultation with a special task force of stock option plan experts recruited by the SOA.
Stock Option Experience Study
Data contributions will be treated with the utmost confidentiality and adhere to all data privacy requirements.
Below are links to the following documents that contain information on contributing data:
- Notice of Intent to Submit Data Form
- Data Guidelines and Instructions for Submission of Data
- Confidentiality Form to Sign
- Frequently Asked Questions on Data Use and Security
Deadlines
Please e-mail your company's notice of intent to submit data form by March 1, 2008 to Professor Nancy Wallace.
Please submit your company's data and confidentiality form:
Professor Nancy Wallace
Haas School of Business
University of California, Berkeley
Berkeley, CA 94720-1900
ph: 510.642.4732
e-mail: wallace@haas.berkeley.edu
The data guidelines contain instructions for acceptable forms of data transmission. The confidentiality form will be signed by an authorized SOA Representative and returned to you.
Thank you again for your participation in this important study!
Sincerely,
Steven Siegel, SOA Research Actuary
e-mail: ssiegel@soa.org
ph: 847.706.3578