Pursuant to 5
CFR 1320.11(c), OMB files this comment on this information
collection request (ICR. The agency shall examine public comment in
response to the NPRM and will describe in the supporting statement
of its next collection any public comments received regarding the
collection as well as why (or why it did not) incorporate the
commenter’s recommendation. The next submission to OMB must include
the draft final rule.
Inventory as of this Action
Requested
Previously Approved
04/30/2015
36 Months From Approved
04/30/2015
118,387
0
118,387
507,665
0
507,665
67,688,700
0
67,688,700
Form 8-K is filed by issuers to
satisfy their current reporting obligations pursuant to Sections 13
or 15(d) of the Exchange Act in connection with the occurrence of
significant corporate events.
PL: Pub.L. 111 - 203 953(b) Name of Law:
Dodd-Frank Wall Street Reform and Consumer Protection Act
PL: Pub.L. 112 - 106 102(a)(3) Name of Law: Jumpstart Our Business
Startups Act
The proposals in Release No.
33-9452 would enhance the disclosure that companies provide about
executive compensation and would satisfy the mandate of Section
953(b) of the Dodd-Frank Act. Investors and other market
participants interested in executive compensation disclosure have
indicated that the proposed disclosure would be useful in informing
investment and voting decisions, particularly for say-on-pay votes
and in director elections. In this regard, pay ratio information
could be used by shareholders for purposes of evaluating the
actions of the board of directors in fulfilling its
responsibilities to the company and its shareholders. Pay ratio
information could also be used to enhance an investor's
understanding of a registrant's compensation practices applicable
to non-executive employees relative to the named executive
officers. The increase in the burden associated with Form 8-K is
necessary in order to provide shareholders and investors with
important information about executive compensation so that they may
make informed voting and investment decisions. The proposal will
result in an increase of 16.5 burden hours and an increase in the
cost burden of $2,200 for services of outside professionals. For a
more detailed discussion, please refer to the supporting
statement.
$50,000
No
No
No
Yes
No
Uncollected
John Fieldsend 202
551-3343
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.