Common Elements Used to Administer Exercises

Field or Control Description

83b Election

This field is only available for a restricted exercise. Use if the optionee files an IRC 83(b) tax election.

Employee Information

This group box displays employee information as of the exercise date.

Exercise Before Vest

Selected if exercising before vesting is allowed for the option.

Exercise Number

The system displays NEW when you enter an exercise. When you save, the system generates a sequential exercise number from the last exercise number stored on the Stock table.

ID

Click to access the Employee Information page to view employee information.

Restricted Exercise

Selected if the exercised shares are unvested.