The Securities and Exchange Commission recently expanded the disclosure requirements for equity compensation plans to require new disclosure in tabular and narrative form of non-security-holder-approved equity compensation plans in reports on Forms 10-K and 10-KSB and in certain proxy statements. Issuers of securities must comply with these new disclosure requirements for their annual reports on Form 10-K or 10-KSB to be filed for fiscal years ending on or after March 15, 2002 and for proxy statements for meetings of, or action by, security holders occurring on or after June 15, 2002.
Assessing Potential Dilution
