Creating, Updating, and Viewing Grants

Maintain Grants - General Page

ST_GRANT

Award a new grant or update an existing grant from an individual plan to an optionee.

You must first set up and allocate stock to your stock option plans.

Maintain Grants - Vesting Page

ST_GRANT_VEST

Create or update a vesting schedule that is associated with a grant and validate ISO limits.

Maintain Grants - Miscellaneous Page

ST_GRANT_MISC

Record grant cancellations, human resources, and repricing information for a selected optionee. You can also view variable compensation information.

Maintain Grants - Valuation Page

ST_GRANT_VALUE

View valuation information such as shares valued, grant FMV, expected life years.

Grant Comments Page

ST_GRANT_CMT_SEC1

Add comments for a grant.

Shares Granted Page

ST_RUNCTL_STOP002

Define run parameters for the Shares Granted report (STOP002). This report displays the options granted during a specified date range. Use the report to verify data entry, prepare the annual report, prepare forms 10-K and 10-Q, and reconcile the plan summary.

Stock ID

Select the stock ID. The system displays the associated Currency Code associated with the stock ID.

Stock Plan

Select the stock plan from which you want to grant the options. Once you save the grant and it is active, the unallocated plan shares balance on the Option Plan component (STOCK_PLAN_BAL) changes to reflect the grant.

Status Date

Displays the date that the status was last changed and saved.

Grant Date

Enter the grant date. You get a warning if the individual is not active as of this date.

Grant Number

Displays the ISO limit grant number if the ISO grant is over the ISO limit and an NQ grant is created. This number represents the associated grant number of the ISO and NQ pair of grants. If this is the ISO grant, the NQ grant number appears. If this is the NQ grant, the ISO grant number appears.

Shares Granted

Displays the total shares of the two grants if the ISO limit is reached and two grants, one ISO and one NQ, are created.

Option Parameter ID

Option parameter IDs are defined on the Stock Option Plan Rules - Option Parameters page. The predefined values default to the following fields: Option Type, Expire Basis, Life Months, Vesting Schedule, and Agreement ID. You can change the default values. Option Parameter IDs are not required and can only be used to set default values for a new grant.

Option Type

The default value is the option type associated with the option parameter ID, if entered.

Agreement Status

Select Accepted Offer, Outstanding Offer, or Rescinded Offer to indicate the status of the agreement. If you select Rescinded Offer, you must set the cancel reason to Rescind and enter a cancellation date on the Stock Option Grants - Miscellaneous page.

Agreement Date

Enter the date that the agreement was accepted or the date when the grant was rescinded.

Retirement Eligible

The Stock – Retirement Eligibility (ST_RET_ELIG) Application Engine process selects this check box if the optionee is eligible for either normal retirement or early retirement, based on the retirement eligibility rules that you specify on the Stock Option Plan Rules - General page.

See Stock Option Plan Rules - General Page, Processing Retirement Eligibility.

Retire Eligible Dt (retire eligible date)

The Stock – Retirement Eligibility process enters the first date that the optionee met retirement eligibility criteria or, if this date is prior to the grant date, the process enters the grant date.

Forecast Retirement Eligible

The Stock – Retirement Eligibility (ST_RET_ELIG) Application Engine process selects this check box if the optionee meets the forecast eligible age and service requirements that you specify on the Stock Option Plan Rules - General page. These age and service requirements help you identify optionees who are nearing retirement eligibility so that you can include them in your forecasts.

This check box is mutually exclusive with the Retirement Eligible check box; once an optionee becomes eligible for retirement, the system deselects the Forecast Retirement Eligible check box.

Vest Effective Date

When you enter a new grant, the system default is the grant date. When you later make an adjustment, enter a new vest effective date.

Sequence

Displays a sequence number if you make a change to the vesting schedule.

Vest Reason

When you enter a new grant, the system default is the vesting reason Initial Vesting. To change the vesting schedule after the grant is saved, enter a new set of rows and select a different Vest Reason. Values are Initial Vesting, Correction, Merger/Acquisition, Performance Vesting, Reprice, Return from Leave, and Termination.