Granting Equity In Your Company – Securities Law 101 Workshop

Whenever you grant equity in your company, you are selling a security. This is true whether you have a corporation or an LLC.  It also true whether the person receiving the equity is an investor, an employee, or a contractor.  Unless the grant qualifies for an exemption, it is subject to a host of requirements at the federal and state level. Fortunately, there are a number of exemptions, including several exemptions relating to private offerings.  Long-time corporate attorney and Villager Carl Johnston will explain key aspects of this complex and vital subject, including:

  • Explanation of what is a security
  • Description of key private offering exemptions, and how to qualify for them
  • How the crowdfunding rules can be useful
  • Understanding securities law disclosure requirements
  • How to deal with state regulations that vary from state to state

No need to bring a legal dictionary – Carl is that rare attorney who speaks in plain English! This session will include time for your questions, and will draw on Carl’s 30+ years as an attorney with major law firms and as General Counsel to two major international corporations.

Mr. Johnston specializes in working with early stage companies on a wide range of corporate issues, including planning for and obtaining venture capital and angel funding, securities law compliance, mergers and acquisitions, and corporate governance. He also has deep experience in technology-related contract issues, including structuring and negotiation of SaaS and cloud services agreements, software/technology licensing, professional services, joint development, and strategic alliance agreements.

Mr. Johnston has more than thirty years of experience as an attorney, both at major law firms and serving as General Counsel for two major international corporations. He is also a CPA, and worked for Deloitte before attending law school. His undergraduate and law degrees are from the University of Texas at Austin, and he also holds an MA in economics from Brown University.