Stock Option Features

Use the system's stock option functionality to track and report on granted stock options, including Incentive Stock Options (ISOs), Non-Qualified stock options (NQs), and Restricted Stock Awards (RSAs). Stock option features enable you to perform a number of functions. For example:

• Generate grants from plans based on stock awards allocated in variable compensation and individual grants.

• Create vesting schedules that are tailored to your plans.

• Administer plans that enable exercises before shares have vested and permit the repurchase of shares that are exercised before vesting.

• Reprice grants for eligible individuals and set restrictions, including vesting and exercise restrictions, on the repriced grants.

• Exercise an ISO as an NQ option 90 days after termination.

• Track 83(b) filings and administer restricted stock awards, exercises, releases, and repurchases.

• Integrate with Payroll for North America to process ordinary income and taxes on restricted stock transactions.

• View stock option activity.

• View employee's stock option activity.