Difference between revisions of "FAR 31.205-6(i) - Stock Options, Stock Appreciation Rights, and Phantom Stock Plans."
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== Stock Options, Stock Appreciation Rights and Phantom Stock Plans<ref>https://acquisition.gov/far/current/html/Subpart%2031_2.html#wp1095552</ref> == | == Stock Options, Stock Appreciation Rights and Phantom Stock Plans<ref>https://acquisition.gov/far/current/html/Subpart%2031_2.html#wp1095552</ref> == | ||
| − | ==Allowable or Unallowable?== | + | ==Allowable or Unallowable?== |
===Unallowable=== | ===Unallowable=== | ||
| + | ==FAR Citation== | ||
*(i) Compensation based on changes in the prices of corporate securities or corporate security ownership, such as stock options, stock appreciation rights, phantom stock plans, and junior stock conversions. | *(i) Compensation based on changes in the prices of corporate securities or corporate security ownership, such as stock options, stock appreciation rights, phantom stock plans, and junior stock conversions. | ||
**(1) Any compensation which is calculated, or valued, based on changes in the price of corporate securities is unallowable. | **(1) Any compensation which is calculated, or valued, based on changes in the price of corporate securities is unallowable. | ||
**(2) Any compensation represented by dividend payments or which is calculated based on dividend payments is unallowable. | **(2) Any compensation represented by dividend payments or which is calculated based on dividend payments is unallowable. | ||
**(3) If a contractor pays an employee in lieu of the employee receiving or exercising a right, option, or benefit which would have been unallowable under this paragraph (i), such payments are also unallowable. | **(3) If a contractor pays an employee in lieu of the employee receiving or exercising a right, option, or benefit which would have been unallowable under this paragraph (i), such payments are also unallowable. | ||
| + | ==Summary== | ||
==References and Notes== | ==References and Notes== | ||
Revision as of 11:59, 5 September 2013
Contents |
Stock Options, Stock Appreciation Rights and Phantom Stock Plans[1]
Allowable or Unallowable?
Unallowable
FAR Citation
- (i) Compensation based on changes in the prices of corporate securities or corporate security ownership, such as stock options, stock appreciation rights, phantom stock plans, and junior stock conversions.
- (1) Any compensation which is calculated, or valued, based on changes in the price of corporate securities is unallowable.
- (2) Any compensation represented by dividend payments or which is calculated based on dividend payments is unallowable.
- (3) If a contractor pays an employee in lieu of the employee receiving or exercising a right, option, or benefit which would have been unallowable under this paragraph (i), such payments are also unallowable.
Summary
References and Notes
Contributors
Name, Title, and Organization
Major
Marshall Haney, Director USG Compliance, Cobham North America
