In the blog titled, “Jeremy Goldstein Explains How Knockout Options Help Employers“, Jeremy Goldstein goes into detail about the three major problems that occur when corporations decide to stop providing employees with stock options and etc. The three problems according to Jeremy Goldstein are that the stock value can go down very low which makes it very difficult for employees to actually partake in the benefits, the benefits tend to go away because employees start losing interest in stock options, and there are many accounting burdens that result from these options. Jeremy Goldstein goes on to explain how stock options can be preferred by employees over other sources of income such as wages or equities in a company. He talks about how the IRS makes it very difficult for companies to provide equity for their employers and it is because businesses have a greater tax burden if they give shares rather than options. Jeremy Goldstein’s solution to these problems is that employees should get stock options but if the price of the shares goes under a specific price than the employees will lose the stock options. Learn more: https://www.slideshare.net/JeremyGoldstein14/aci-compensation-committee-presentation-2016
Jeremy Goldstein has his own law firm called Jeremy L. Goldstein & Associates LLC and they specialize in corporate government matters. He has been involved in major transactions such as Duke Energy, Goldman Sachs, AT&T Wireless, and Miller Brewing Company. Jeremy Goldstein frequently speaks about government and executive issues and he is on the board of the NYU Journal of Law and Business and he helps out with the Make A Wish Foundation.