Deidre Salisbury

Team: Analysts/Consultants

Job Title: Deidre Salisbury

Bio: Deidre is a Director at Infinite Equity, specializing in valuation, accounting, and plan design for her clients. Deidre has over nine years of compensation and benefits experience.

Recent Posts By

Deidre Salisbury

Relative Total Shareholder Return (“TSR”) Modifier Programs Considerations and Accounting Implications

Relative Total Shareholder Return (“TSR”) Modifier Programs Considerations and Accounting Implications

Companies considering a relative TSR plan or a change to a current program may want to evaluate a Relative Total Shareholder Return Modifier.  As a company matures, it may face pressure from shareholders and other stakeholders to implement a performance program that utilizes relative total shareholder return “TSR” as a metric. A relative TSR program…

Commentary on SEC’s Newly Released Compliance & Disclosure Interpretations

New Compliance & Disclosure Interpretations (C&DIs)

On September 27, 2023, the SEC released 9 new Compliance & Disclosure Interpretations (“C&DIs”) that provide clarification on the new Pay Versus Performance rules (Questions 128D.14 – 128D.22).  These new C&DIs primarily focus on the details for vesting requirements and valuation techniques to calculate Compensation Actually Paid (“CAP”). Many of the questions and answers are…

Navigating PvP for Newly Public Companies

PVP and Private Company Challenges

The SEC’s Pay Versus Performance (“PVP”) disclosure rules contain a variety of nuances and complexities, especially for companies that recently went public and must comply with the new rules. The SEC announced the adoption of its pay versus performance rules, or Item 402(v), on August 25, 2022. A detailed summary of the rules can be found within…

Unexpected Expense


Is Your Stock-Based Compensation Program about to Cause a Second Wave of Expense? The first quarter of 2020 was one of the worst quarters for the stock market since the Great Recession, with the S&P 500 Index dropping over 20%.  Many companies are preparing for reduced revenue and earnings with shelter in place orders slowing…

Alternative Types of RTSR Plans


Once a company decides that it is going to grant performance shares contingent on Relative Total Shareholder Return (“RTSR”), one of the initial plan design considerations is the “classification” of RTSR plan you are considering, of which there are generally three: Each of the classifications have their own pros and cons, which we have summarized…

TSR Calculation – Best Practice


Section 1 – TSR Calculation Considerations One of the benefits of using Relative Total Shareholder Return (“RTSR”) as a performance metric is the transparency of the calculation. It is based on empirical stock price data which is published daily from many different objective financial data sources. Nonetheless a wide variance of methodologies for calculating Total…