Category Archives: Industry news

Vintage rates in top three for 2016 SEC Filing Agent

Transparency is the currency of shareholder communications and of SEC compliance and, by default, that transparency has again rewarded Vintage as measured by SEC-INFO. Bottom-line: attribution of our work is always shown.

This year, as we did last year, Vintage has made the top three, along with peers Donnelley and Merrill. Thank you, once again, to the data-crunchers over at SEC-INFO for their 2016 research The Top 25 Most-Active SEC Filing Agents and Registrants in 2016.


“When asked to describe our client services team in just a few words,” said Liam Power, president of Vintage, “I simply state ‘deep domain experience delivered with fast-turns and spot-on execution.’ The annual SEC-INFO research is terrific third-party evidence of that description and confirms the consistent dedication of everyone within Vintage to get the job done for our clients,” Power continued.

“Now, with the added strength of Cision, we look forward to a very strong 2017.”

Read 2016 client comments here.

2016 highlights

  • #1 service for Regulation A+ effective filings
  • #1 service for 20-F filings in China
  • Simplification of user-interface for self-service Section 16 filing
  • The expansion of WorkStream for mutual fund content and prospectus management

Bottom-line. Why did we do so well in 2016? We’ve become the industry’s intelligent value. Learn more – contact us. 

Kudos to our product and sales people for making marketing and blog writing so easy!

12 month at-a-glance calendar for Investor Relations departments

Working with a new client last week, the discussion went from a cheerfully kind “thank you for the 2017 SEC EDGAR filing calendar” (click here) to a subtle “hey… do you have a calendar for IR, too?”

We did not. But we do now!


Help your internal stakeholders understand the to-do of IR!

Never shrinking down from a client request, we immediately went to task – first asking during that meeting what are the key activities needed to be calendared. As you see, the result is a traditional IR to-do list. Also, except for the 10-K and 10-Qs, the events are driven by broad strokes, month by month, rather than exact dates.


  • Planning stages certainly vary and overlap i.e. earnings news releases and 10-Qs
  • Updating the IR website once a quarter refers to more holistic updates: text narratives, FAQs, and other non-automated feed
  • Best practices suggest two or three days each quarter for non-deal roadshows in targeted cities
  • Holding a formal Analyst Day in a target city, like NYC, generally aligns with non-deal meetings
  • The NIRI Annual Conference is in June

Happily, the client was grateful for the calendar – they will be sharing it internally as a directional illustration of IR’s year.

Click here to download a high resolution PDF.



2017 SEC filing calendar – don’t miss a deadline or holiday closing

This is the shortest post you’ll ever read hereClick here to download our 2017 SEC filing calendar.


*Pushpin not actual size

SEC closed for New Year’s Day (observed): January 2, 2017

In honor of the New Year celebration, the SEC is closed on Monday, January 2, 2017.  No files can be received. 


Files submitted after 5:30 pm ET, Friday, December 30, 2016 will receive a filing date of Tuesday, January 3, 2017 and will be posted to the public on January 3, 2017 .As with other holiday closings, the following file types will receive a Friday, December 30, 2016 filing date if filed by 10:00 pm ET on Friday:

  • Section 16 filings (3, 3/A, 4, 4/A, 5, 5/A)
  • Filings pursuant to Rule 462(b)

For any filing with a due date of Monday, January 2, 2017, the SEC will move the due date to Tuesday, January 3, 2017.

Need a 2017 SEC filing calendar? Click here.


SEC closed for the Christmas Holiday (observed): December 26th

In honor of Christmas, the SEC is closed on Monday, December 26, 2016.  No files can be received. 

Files submitted after 5:30 pm ET, Friday, December 23, 2016 will receive a filing date of Tuesday, December 27, 2016 and will be posted to the public on December 27.


(Need a 2017 SEC filing calendar? Click here.)

As with other holiday closings, the following file types will receive a Friday, December 23, 2016 filing date if filed by 10:00 pm ET on Friday:

  • Section 16 filings (3, 3/A, 4, 4/A, 5, 5/A)
  • Filings pursuant to Rule 462(b)

For any filing with a due date of  Monday, December 26, 2016 the SEC will move the due date of Tuesday, December 27, 2016.

Have a happy holiday!

SEC closed for Thanksgiving Holiday: Thursday, November 24

In honor of Thanksgiving Day, the SEC is closed on Thursday, November 24, 2016. No files can be received.

Files submitted after 5:30 pm ET, Wednesday, November 23, 2016 will receive a filing date of Friday, November 25, 2016 and will be posted to the public on November 25.

As with other holiday closings, the following file types will receive a Wednesday, November 23, 2016 filing date if filed by 10:00 pm ET on Wednesday:

  • Section 16 filings (3, 3/A, 4, 4/A, 5, 5/A)
  • Filings pursuant to Rule 462(b)

For any filing with a due date of Thursday, November 24, 2016, the SEC will move the due date to the next business day, Friday, November 25, 2016.

Have a great day.

SEC closed for Veterans Day: Friday, November 11

In honor of Veterans Day, the SEC is closed on Friday, November 11, 2016. No files can be received.

Semper Fi, Dad!
for a 2017 SEC holiday and filing deadline calendar.

Files submitted after 5:30 pm ET, Thursday, November 10, 2016 will receive a filing date of Monday, November 14, 2016 and will be posted to the public on Monday, November 14, 2016 at 6:00 am ET.

As with other holiday closings, the following file types will receive a Thursday, November 10, 2016 filing date if filed by 10:00 pm ET on Thursday, November 10, 2016:

  • Section 16 filings (3, 3/A, 4, 4/A, 5, 5/A)
  • Filings pursuant to Rule 462(b)

For any filing with a due date of Friday, November 11, 2016, the SEC will move the due date to the next business day, Monday November 14, 2016.

Please contact your Vintage representative if you foresee any deadline conflicts. We’re always here to help!

2017 SEC Filing Deadline Calendar now available for download

SEC EDGAR Filing Deadline and Holiday Break Calendar Now Available.  At-a-glance calendar can help mitigate the risk of missing important deadlines. 

NEW YORK/NOVEMBER 1/ Vintage, the capital markets, corporate services and institutional & fund services division of PR Newswire, has released its annual EDGAR Filing Deadline and Holiday Break Calendar.

2017-sec-calendar-vintage_imageprDOWNLOAD THE CALENDAR HERE

“Not by any stretch of the imagination is this calendar a piece of thought-leadership content,” mused Bradley H. Smith, PR Newswire’s & Vintage’s Director of Marketing, “but it is one of our most useful and coveted pieces. Sometimes the K.I.S.S. design path is the best.”

To keep up-to-date on news and issues that affect regulatory compliance and shareholder communications, Smith recommends subscribing at 


About Vintage

Vintage, a PR Newswire division, is a top-three provider of full-service regulatory compliance and shareholder communications services, delivered across our three practice areas: Capital Markets, Corporate Services and Institutional & Fund Services. Founded in 2002 and acquired by PR Newswire in 2007, Vintage has evolved to become the industry’s intelligent value choice. We deliver a flexible balance of people, facilities and technology to ensure that regulatory compliance and shareholder communications processes are efficient, transparent and painless. Services include IPO registrations, transactions, virtual data rooms, EDGAR & XBRL filing, typesetting, financial printing and investor relations websites. 

About PR Newswire

PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to- end solutions to produce, optimize and target content — and then distribute and measure results. Combining the world’s largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.

Cision is a leading global media intelligence company, serving the complete workflow of today’s communication professionals. 

Media Contact:
Bradley H. Smith
Director of Marketing, IR and Compliance Services
PR Newswire & Vintage
+1 201.942.7157

Balance your 13F-based IR targeting with the Cision Communications Cloud

Yesterday’s sensational launch of our new Cision Communication Cloud provides marketing departments and PR professionals the tools and tactics that investor relations officers have already benefited from for years… namely highly focused data-driven targeting to verified influencers.

However, rather than parsing tangible 13F files to discover and build relationships with institutional investors, our Cision Communication Cloud ™ connects companies with journalists, influencers and customer advocates by understanding and parsing the intangibles of corporate communications into actionable data.


The New Cision Communication Cloud finally unifies the previously disparate systems of content, tools, data, and analytics:

  • Listen to media channels for brand mentions, competitive activity and trending topics that will inspire compelling content. There’s so much to be inspired by: Cision automated media insights cover over 2M daily news stories across online, print, broadcast, and social channels.  Aggregate trending and emerging topics, key influencers, brand and competitive insights and more into email alerts, reports, and charts, to show you how your content will resonate across mediums and audiences around the world.
  • Target and build relationships with key influencers and decision-makers by harnessing a wealth of data and predictive insights to fine-tune content delivery by audience and channel. Influencers matter more than ever; there are just more of them, and they are not as easy to find. The breadth and depth of our industry-leading platform provides you with easy access to the influencers who matter.
  • Create an effective earned media and content strategy by combining your talent with our well-versed team of industry experts who will deliver insights, strategy, best practices, and hands-on help in delivering high impact communications that amplify the results of your programs as part of a holistic customer and influencer relationship strategy.
  • Engage audiences and maximize the impact of your content with multichannel promotion across earned, paid and owned channels. Powered by PR Newswire, you’ll have access to the world’s largest and #1 most trusted distribution network and well as trigger market demand through a network of over 300,000media distribution points in over 170 countries and 40 languages; 10,000+ websites and apps, 1 million social followers, and hundreds of broadcast channels.
  • Analyze what’s working and what’s not, so you can continuously optimize ongoing campaign performance in real-time.  Customizable reports and data visualization focus you on the strategic, while tracking the tactical – connecting the dots across social and traditional media channels for a 360 degree view of your campaigns.

Certainly, the earned media “audience” that our new platform will be of importance to IR as well, as we know (FROM THIS BLOG POST) that a meaningful percentage or IROs actively court and woo financial media.

Balance your IR targeting with the Cision Communications Cloud – request a demonstration here.

How is your CACM IQ? (you know, the say-on-pay ratio math thing)

Understanding and calculating your Consistently Applied Compensation Measure may seem a tad premature, seeing how your company does not need to disclose its pay ratio in this FYE of December 31 2016’s annual reports and proxy materials.


For most companies, these disclosures must be included in annual reports and proxy statements beginning FYE for the first fiscal year beginning on or after December 31, 2017.

That means you need to work this math very soon and the CACM should be a consideration as you’re making 2017 compensation decisions.

Per Sullivan & Crowell LLP:

“Companies may find it helpful to conduct dry-runs of the calculation based on past compensation data in order to develop an appropriate methodology, identify and resolve interpretive, practical or disclosure issues, and ensure that systems are in place to capture information necessary to support the chosen methodology. Companies should also be mindful that the pay ratio rule requires disclosure of the methodology used to determine the median employee and any material assumptions, adjustments or estimates used to identify the median employee or to determine total compensation.”

On Wednesday, the SEC’s Division of Corporation Finance posted five new CDIs (FAQs) to help US public companies further work their the pay ratio disclosure CACMs.

  • Question: If a registrant does not use annual total compensation calculated using Item 402(c)(2)(x) of Regulation S-K (“annual total compensation”) to identify the median employee, how should a registrant select another consistently applied compensation measure (“CACM”) to identify the median employee?
  • Question: May a registrant exclusively use hourly or annual rates of pay as its CACM?
  • Question: When a registrant uses a CACM to identify the median employee, what time period may it use? Must the period include the date on which the employee population is determined? Must it always be for an annual period? May it use the prior fiscal year?
  • Question: When someone is furloughed on the date that the registrant uses to determine the population of its employees from which it is required to identify the median, must the registrant include the furloughed person in the employee population used to identify the median employee, and, if included in the population, how should the furloughed employee’s compensation be calculated?
  • Question: Under what circumstances is a worker employed and his or her compensation determined by an unaffiliated third party such that the worker is considered an independent contractor or leased worker under the rule? When is a registrant considered to be determining the compensation of a worker?

You can read their answers here. Also, ask your securities law firm for their interpretation.

What Vintage will be doing – throughout 2017 – is working with clients and partners to create best practices in regard to communicating CACM visually in your annual report and proxy materials. Our president, Liam Power, recently commented on this.

Beside’s Liam, Cooley’s executive comp blog is a good read, too.