Practical Law Glossary Item 6-382-3638 (Approx. 2 pages)
Glossary
Named Executive Officers
For companies that are not smaller reporting companies, the principal executive officer, the principal financial officer, and the next three most highly paid executive officers of a company as of the end of the most recently completed fiscal year, based on total compensation as determined under Rule 402 of Regulation S-K. This group may include up to two more officers who would have been deemed to be named executive officers if they had still been serving as officers at the end of the year.
For smaller reporting companies, the principal executive officer and the company's next two most highly paid executive officers as of the end of the most recently completed fiscal year, based on total compensation determined under Rule 402 of Regulation S-K. This group may include up to two more officers who would have been deemed to be named executive officers except they were not serving as officers at the end of the year.