Our Story

Stock Plan Solutions/Green Zapato LLC (SPS/GZ) was founded in 2001 by Rick Zatz, CEP and Mary Pat Wood, CPA, CEP. SPS/GZ was formed as a collaborative joint venture from two existing consulting firms (Stock Plan Solutions and Green Zapato Consulting). Both firms have handled stock plan administration consulting projects. However, SPS was focused more on administrative matters while GZC concentrated its efforts primarily in accounting, financial reporting and regulatory-related issues for equity compensation plans. The formation of SPS/GZ resulted in a best-of-breed, fully comprehensive stock plan administration outsourcing firm - the only one based in Chicago.

The name Green Zapato (Shoe) is derived from a "Wall Street term" called a greenshoe (or "over- allotment option"), which gives underwriters the right to sell additional shares in a registered securities offering at the offering price. The term comes from the first company, Green Shoe Manufacturing - now called Stride Rite Corporation, to permit underwriters to use this practice in its offering. The name was chosen because of the positive nature of the "greenshoe" option.

The founders of SPS/GZ recognized that clients needed more than just "administrators" - they required equity compensation professionals with real-world experience who could address the changing landscape of accounting regulations and a multitude of complex issues born out of IPOs, mergers, and the evolving Sarbanes-Oxley environment.

Additionally, SPS/GZ saw a demand for administrators who would act as advisors for their clients - assisting with plan design, employee education and best practices implementation - especially for the public and pre-IPO companies seeking more personal service & attention.

SPS/GZ has been serving clients from coast to coast since 2001. All SPS/GZ professionals are certified (CEPs and CPAs). Clients of SPS/GZ always have knowledgeable experts managing their core equity plan administration functions.

See for yourself how the SPS/GZ Advantage can help your company navigate through the complex maze of today's stock plan administration environment.

Why choose SPS/GZ?

Stock Plan Solutions / Green Zapato takes a personal approach to stock plan administration. We get to know our clients and their businesses so that we can properly address all current and potential issues related to their equity compensation plans. We develop a tailored solution for each client based on the types of equity plans offered and the number of participants in the plans.

We go beyond the core elements of daily administration to provide truly comprehensive solutions in disciplines related to stock plan administration, including accounting, financial reporting & compliance, financial modeling, employee education and investor relations.

SPS/GZ offers competitive and fair pricing for outsourcing and consulting services to both public and private companies. We work with our clients to present a fair pricing structure, taking into consideration the status of each company (private vs. public), the size of each company, the number of stock plan participants and several other factors. In many cases, SPS/GZ actually lowers companies' stock plan administration costs through reduction of software license and maintenance fees, employee costs and overhead.