Manager, Stock Plan Administration

• Jan 2023 - Present

Senior Equity Administration Manager

• Sep 2022 - Jan 2023

Manager of Stock Plan Administration

• Sep 2015 - Sep 2022

Responsible for managing all aspects of equity plan administration, including processing of equity transactions in compliance with current rules and regulations and governing stock plan documents, ensuring the integrity of the stock administration system, interfacing with key internal and external business partners, and providing high quality service to team members globally with regard to their equity compensation.  Expertise includes, plan administration, employee communication and education, Section 16 reporting, insider trading compliance, proxy preparation, stock option, restricted stock unit and performance stock unit programs.  Maintain the integrity of all files related to equity administration; stock plan documentation for both internal and SOX compliance. This includes, monitoring grants, exercises, terminations, cancellations, transfers, and other transactions within database for accuracy.  Maintains treasury share balances and reconciles to the transfer agent.  Administers Employee Stock Purchase Plan (ESPP), semi-annual open enrollment, purchasing of shares and monitoring ESPP limits.  Participate in quarterly and annual internal/external audits. Lead and manage miscellaneous equity-related audits conducted by external auditors. Establishes and maintains control procedures associated with stock plan administration, and maintains flawless documentation in accordance with internal control requirements.  Collaborates with Legal and Finance to pull, interpret, and present data for SEC filings on Section 16 officers and directors, including Form 4, proxy, 10-Q and 10-K requirements.  Collaborate with internal departments (accounting, payroll, tax, legal, etc.) and third party co-sourced stock plan administrators, to help implement and administer equity programs.  Prepare D&O and compensation tables related to equity awards and beneficial ownership for inclusion in Compensation Discussion and Analysis section of annual Proxy Statement. Show less

Manager, Global Stock Plans

• Aug 2008 - Sep 2015

Responsible for the Stock Administration Department’s equity compensation plans for approximately 9,000 participants located in thirty-three countries and effectively leading and mentoring a team of three employees.  Partner effectively and proactively with, HR, HRIS, Legal, Tax, Payroll and Accounting to anticipate, implement and/or address global equity compensation initiatives/matters.  Work closely with VP of General Counsel and Director of Finance on annual proxy and regulatory filings.  Responsible for making recommendations to the VP of HR and CEO for the annual evergreen award compensation program.  Suggest appropriate equity increases for new hires, promotional, and counter offers according to specific country guidelines.  Quarterly Financial Reporting, including preparation, reconciliation and distribution of ASC718 expense reports.  Calculate Earnings Per Share (EPS) reporting each quarter.  Seasoned professional in acquisitions of other companies and smoothly transitioning the process of converting equity from previous company to Microchip.  Manage Section 16 Officers 10b5-1 Plans and act as liaison with their brokers.  Forecast the share pool usage and recommending to the CEO and CFO when to replenish shares in ESPP under Evergreen provision, as well as add more shares to our long-term equity incentive plan.  Prepare monthly, quarterly, annual and ad hoc reports for purposes of financial statement disclosure, SEC filings, and finance audits.  Oversee the daily, monthly, quarterly, and annual process flow of all new grants, exercises/releases, and cancellations.  Coordinate proper tax withholding on quarterly vesting events, as well as W-2/1099-MISC reporting of restricted/performance stock units, stock options, stock-settled appreciation rights, and employee stock purchase plans (U.S. 423 qualified two-year plan & international non-qualified six-month plan).  Mentor all three employees in obtaining CEP designation. Show less

Account Manager of Stock Administration

• Jul 2004 - Aug 2008

 Primary responsibility for implementing new accounts and cultivating and managing client (and related broker) relationships, and ongoing administration for public and private companies and those contemplating an Initial Public Offering (IPO).  Management of Stock Option and SAR Plans, Phantom Stock Plans, Employee Stock Purchase Plans, and Restricted Stock Plans.  Conducting clients’ needs analysis, project design, establishment of goals and target dates, implementation expense management, quality assurance, and coordination with internal resources and external vendors.  Manage the daily, monthly, quarterly, and annual process flow of all new grants, exercises, and cancellations.  Direct experience monitoring stock plan requirements, identifying compliance issues and proposing and implementing solutions.  Prepare monthly, quarterly, annual and ad hoc reports for purposes of FAS 123R calculations, financial statement disclosure, proxy reporting and SEC filings.  Substantive knowledge of Section 16 reporting and experience with Forms 3, 4 and 5 filings.  Recruited and interviewed potential Stock Plan Administrators. Show less