Lance Pelley
Manchester
Summary
Equity compensation specialist with extensive experience at Novocure and CoreWeave, skilled in managing global equity programs and ensuring compliance with regulations. Proven ability to coordinate audits and manage grants effectively, with a focus on employee training and relationship building. Streamlined processes to improve efficiency and accuracy in equity transactions.
Overview
28
28
years of professional experience
1
1
Certification
Work History
Stock Administrator
CoreWeave
Livingston
11.2024 - Current
- Established CoreWeave equity program by migrating from private platform (Carta) to public platform (E*Trade) in three months for IPO launch.
- Integrated HRIS platform (Rippling) with E*Trade for automated equity management.
- Developed and maintained efficient processes and controls for grant issuance, vesting, exercises, cancellations, terminations, transfers, and forfeitures.
- Designed and administered CoreWeave's equity compensation programs, including stock options, RSUs, and ESPP.
- Strengthened Sarbanes-Oxley compliance controls related to equity transactions.
- Created educational materials for HR and recruiters regarding equity communication strategies.
- Prepared and distributed year-end tax statements for equity transactions, ensuring regulatory compliance.
- Conducted training sessions on equity plan provisions and associated processes.
Manager, Global Equity Programs
Novocure
01.2019 - Current
- Manage the ESPP, RSU, PERF, and Stock Options programs for worldwide employees and the board
- Run monthly and quarterly equity activity reports for Global Payroll and Tax reporting and compliance
- Administration of Global Programs
- Support all auditing processes such as quarterly compliance audits, termination audits, expiring options audits, etc.
- Work with Legal to create global grant agreements, administer insider trading windows and to file required Form 4’s for NEO and outside Directors
- Work closely with payroll global payroll leads to reconcile equity income
- Support Global workflows for Equity Plans including grants, exercises, releases and ESPP purchases
- Closely partner with global payroll teams to ensure proper tax withholdings including timely taxation and reporting, annual reporting required by tax authorities and year-end tax statements (6039/3922 along with correct income inclusions on W-2s, T-4s, etc.)
- Work closely with the company’s transfer agent, outside broker service provider, and internal Legal, Payroll, HR, Financial Reporting, Tax and other teams, as necessary
- Primary liaison for addressing employee inquiries and assist employees with resolving equity-related issues
- Coordinate and provide employee education sessions regarding Novocure’s stock programs
- Manage the internal and external audit process for all equity compensation plans
- Assist Tax, Payroll, Accounting, Legal, HR with the equity compensation reports to validate and close their reporting cycles
Financial Reporting
Fidelity Investments, LLC
01.2015 - 01.2019
- Manage 20 clients and assist with reporting for their 10K, 10Q and Proxy reporting
- Complex financial modeling with Excel, Hyperion and Oracle Business Intelligence
- Answer corporate questions on Expense, Dilution, Disclosure and DTA
- Train clients on use and reconciliation of FASB financial reports
- Manage large data sets and reconciliation of variances in financial reports
Executive Services
Fidelity Investments, LLC
01.2012 - 01.2015
- Resolve complex issues working with all levels of business partners
- Financial planning and implementation of detailed financial plans
- Modification of financial plans to coincide with new tax law legislation
- Provides cross functional sales support for retail and institutional clients
- Fixed income trader. Provides guidance and sales support with bond ladders and individual bonds
- Provides guidance and explanations on complex taxable implications of equity compensation
- Provide assistance setting up 10b 5-1 plans for participants
- Work with corporate plan administrators on specific options exercise issues and resolutions
- Expert in compliance with equity regulations such as Sarbanes Oxley and Dodd Frank
- Proofing financial plans and making necessary adjustments before implementing
Senior Trader
Fidelity Investments, LLC
01.1998 - 01.2012
- Provided trade approval for trades in excess of 500K and or 50 contracts
- Handled escalated calls making appropriate risk and judgment decisions
- Obtained experience dealing with a wide variety of investment products and solutions
- Responsible for assisting customers with an understanding of investment options and solutions
- Discussed and executed options strategies such as roll outs, spreads and straddles
Education
M.S. - Accounting and Finance
Southern New Hampshire University
Manchester, NHB.A. - International Economics
University Of Massachusetts Lowell
Lowell, MASkills
- Equity compensation
- Stock options administration
- Regulatory compliance
- Audit coordination
- Grant management
- Financial reporting
- Payroll reconciliation
- Employee training
- Reporting and documentation
- Database management
- Personable and approachable
- Program leadership
Certification
- Series 7 General Securities License, Expired
- Series 63 State Registration Certification, Expired
- Series 9, 10 General Securities Sales Supervisor, Expired
- CEP Certified Equity Professional (Level 1), Active
- Certificate in Financial Planning (Merrimack College), Active
Volunteer Experience
Manchester Golf Matches Association, Commissioner, 01/01/15, Current, Started, developed and maintain an active golf association, Manage and oversight of budget and annual financial reports, Created and maintain Facebook group page for members, Promote, run and participate in local amateur golf tournaments for local golfers.
Timeline
Stock Administrator
CoreWeave
11.2024 - Current
Manager, Global Equity Programs
Novocure
01.2019 - Current
Financial Reporting
Fidelity Investments, LLC
01.2015 - 01.2019
Executive Services
Fidelity Investments, LLC
01.2012 - 01.2015
Senior Trader
Fidelity Investments, LLC
01.1998 - 01.2012
M.S. - Accounting and Finance
Southern New Hampshire University
B.A. - International Economics
University Of Massachusetts Lowell