Viewing and Recording Share Repurchases

Page Name	Definition Name	Usage
Repurchase Options - Select Grant Page	ST_REPURCH_SRCH1	Select the grant for which you want to view or record repurchase transactions.
Repurchase Transactions Page	ST_REPURCH_SRCH2	View repurchase transactions and access the Repurchase Options page.
Repurchase Options Page	ST_GRANT_REPURCH	Record repurchase transactions.
Grant Repurchase Comments Page	ST_REPURCH_CMT_SEC	Enter comments for a repurchase.

Four reports are particularly useful for share repurchases:

Use the Repurchase Options - Select Grant page (ST_REPURCH_SRCH1) to select the grant for which you want to view or record repurchase transactions.

Navigation:

Stock > Grant Transactions > Repurchase Options

Field or Control	Description
Grant Number	Click to access the Repurchase Transactions page, where you can view the existing repurchase transactions for the grant and access the Stock Option Repurchases page to record a repurchase.

Use the Repurchase Transactions page (ST_REPURCH_SRCH2) to view repurchase transactions and access the Repurchase Options page.

Navigation:

Click a grant number on the Repurchase Options - Select Grant page.

Field or Control	Description
Shares Repurchasable	Displays the number of shares available for repurchase as of the current date.
Repurchase Number	Click the repurchase number to access the Repurchases page, which displays the details of the repurchase.
Add a Repurchase	Click to access the Repurchases page, where you can add a new repurchase.

Use the Repurchase Options page (ST_GRANT_REPURCH) to record repurchase transactions.

Navigation:

Click a repurchase number or the Add a Repurchase button on the Repurchase Transactions page.

To record a repurchase transaction:

Access the Repurchase Grant Transactions page for a selected employee ID and stock ID.
Click the grant number to access the Repurchase Transactions page.
Click the Add a Repurchase button to access the Repurchases page.
Record the details of the repurchase.

The displayed information is as of the repurchase date.

Field or Control	Description
Person Type	Displays the person type, if the optionee is a nonemployee.
Insider	Displays the insider status, if the optionee is an insider.
Pay Group	Displays the pay group of the primary job.
Tax Location Code	Displays the tax location of the primary job.

Field or Control	Description
Repurchasable	Displays the maximum number of shares that are available for repurchase as of the repurchase date. These are derived from the number of restricted exercised options not released from escrow that have not yet been repurchased, canceled, or expired.

Field or Control	Description
Repurchase Number	Displays NEW when you enter a repurchase. When you save, the system generates a sequential repurchase number from the last repurchase number stored in the Stock Table.
Repurchase Status	Select a repurchase status: Active (default) or Void.
Status Date	Displays the date when the repurchase status changed.
Repurchase Date	As you change this date, the Shares Repurchasable amount might change. If you enter a date that exceeds the Days to Repurchase field on the Stock Option Plan Rules - General page, the system displays a warning.
Shares Repurchased	Enter the number of shares to be repurchased. The Shares Repurchasable amount is the default.
Repurchase Price	The system calculates the default repurchase price based on the share cost method defined on the Stock Option Plan Rules - General page. You can change this value to repurchase shares at a different price.
Repurchase FMV	Displays the calculated FMV based on the rule defined on the Stock Option Plan Rules - FMV Rules page.
Repurchase Cost	Displays the total repurchase cost, calculated by multiplying the number of shares that are repurchased by the repurchase price.
Repurchase Reason	Select Terminatn (termination), Corporate, or Other.
Receipt Date	Displays the date on which the repurchase receipt was generated.
Comments	Click to access the Grant Repurchase Comments page, where you add comments about the repurchase.

Field or Control	Description
Legend ID	Select a legend ID to include with the repurchase issuance instructions.
Transfer Control Number, Escrow Control Number, and Transfer Issue Date	These fields are populated after you run the Agent Issuance Instruction report. They display the control numbers of the issuance instructions that were sent to the transfer agent and the escrow agent, and the date on which the transfer issuance instructions were generated.

Pages Used to View and Record Share Repurchases