Generating Grants for Variable Compensation Awards

To generate grants for variable compensation awards, use the Create VC Grants (ST_RUNCTL_GEN_GRNT) component. This topic discusses how to generate grants.

Pages Used to Generate Grants

Page Name	Definition Name	Usage
Create VC Grants - VC Criteria Page	ST_RUNCTL_GEN_GRNT	Define the basic parameters of the grant generation process including the VC plan ID. Enter the VC plan, payout period, and group ID, for any unprocessed awards you want to generate. You must first award grants to the optionees through variable compensation.
Create VC Grants - Optionees Page	ST_GEN_OPTIONEES	Exclude individuals from the grant generation processing. You can also view awards to be processed based on the criteria entered on the VC Criteria page.
Create VC Grants - Grant Page	ST_GEN_GRANT	Enter the grant details that are required to generate the grants. During the process the vesting routine is used and the ISO validation occurs if the grant is ISO/SAR.
Variable Comp Message Report Page	ST_RUNCTL_STOPMSG	Define run parameters for the Variable Comp Message report (STOPMSG). The report displays processing messages when variable compensation grants are generated.

Related Topics

Validation of ISO Limits

Create VC Grants - VC Criteria Page

Use the Create VC Grants - VC Criteria page (ST_RUNCTL_GEN_GRNT) to define the basic parameters of the grant generation process including the VC plan ID.

Enter the VC plan, payout period, and group ID, for any unprocessed awards you want to generate. You must first award grants to the optionees through variable compensation.

Navigation:

Stock, and then Grants, and then Create VC Grants, and then VC Criteria

Field or Control	Description
Group ID	If you use groups, this field is available. Select a group ID or leave the field blank to process all groups.
Reject Award Data for Plan ID	Select to reject all VC grants. If you entered a group ID, the system rejects all grants in the group ID. Note: If you reject VC grants, you cannot recalculate them on the VC side for the same period. You will have to calculate new awards in the following period.

Field or Control

Description

Group ID

If you use groups, this field is available. Select a group ID or leave the field blank to process all groups.

Reject Award Data for Plan ID

Select to reject all VC grants. If you entered a group ID, the system rejects all grants in the group ID.

Note: If you reject VC grants, you cannot recalculate them on the VC side for the same period. You will have to calculate new awards in the following period.

Create VC Grants - Optionees Page

Use the Create VC Grants - Optionees page (ST_GEN_OPTIONEES) to exclude individuals from the grant generation processing.

You can also view awards to be processed based on the criteria entered on the VC Criteria page.

Navigation:

Stock, and then Grants, and then Create VC Grants, and then Optionees

Field or Control	Description
Process	If selected, the award is processed. To exclude the award from processing, deselect the check box.
Group ID	Displays the group ID, or NOGROUP if the VC plan is ad-hoc.

Create VC Grants - Grant Page

Use the Create VC Grants - Grant page (ST_GEN_GRANT) to enter the grant details that are required to generate the grants.

During the process the vesting routine is used and the ISO validation occurs if the grant is ISO/SAR.

Navigation:

Stock, and then Grants, and then Create VC Grants, and then Grant

Field or Control	Description
Period ID	The payout period ID.