Phantom Stock Plans
Phantom stock plans and stock appreciation rights are equity-based compensation arrangements that provide employees with the economic benefits of stock ownership without an actual transfer of shares. These plans require periodic independent valuations to determine the value of participant awards for compensation expense reporting and, ultimately, for settlement. Cogent Valuation has extensive experience valuing phantom stock and SAR arrangements across a wide range of company types and plan structures. Our analyses comply with the applicable financial reporting requirements under FASB ASC 718 and are prepared with the care and documentation that plan sponsors and their auditors require.