Institutional Shareholder Services Inc. (“ISS”) recently announced the launch of a new Equity Plan Data Verification portal that covers information on equity-based compensation plans that U.S. companies submit for approval by shareholders. Companies may now access the portal to review and update key datapoints that are evaluated by ISS before ISS issues its proxy recommendation. Companies planning to feature an equity plan on their proxy ballot, and will file their definitive proxy materials with the SEC after September 8, 2014, are eligible to participate in Equity Plan Data Verification. Any such company is encouraged to register with ISS to receive notification of the availability of company data, and upon notification, the company will have two business days to verify the data and/or request modifications.
More information, including FAQs, can be found here.