Associate Stock Option Management
Stock Option is a Employee Stock Option management system, which helps a company in effective management of stocks given to employees. It is an exhaustive and all encompassing package covering the details of company, employees and helps in defining company specific schemes under which the stocks are offered. The package helps in tracking of stock transfers, stock maturity periods, and money transactions concerned with the stock options offered to its employees. The functionality defined in the package can cater a wide range of needs specific to a company. It can also be customized to cater to the unique functionality as required by a company.
Key Benefits
Effective management of stock options granted to employees.
The package provides a streamlined facility for the capturing of information
tesneeded for company specific and statutory needs.
Facility to incorporate predefined stock option schemes designed by the company
tesinto the package.
Provides a safe environment for the management of details like stocks offered,
tesstocks transferred, and payments made in relation to an offer.
Facilitates online generation and mailing of offer letters to the employees.
tesAcknowledgement and Acceptance of offer made is online.
Facilitates automated calculation of cost, interest incurred by the company on the
tesstocks offered to an employee.
Weighted average price of the stock can also be computed, as needed in the
tescase of stocks being traded in American Depository System.
In depth definition of company details like Financial year, Financial quarter,
tesCompany Demat details, Banks, etc.
In depth definition of company details like Financial year, Financial quarter,
tesCompany Demat details, Banks, etc.
In depth reports of offer letters, shares, receipts etc. are generated.
Facility to import and export of data to excel.
Features:
Master forms form the foundation for the gathering of data/information.Some of
testhe masters are:
tesa) Offer letters: This form captures, in detail, the information of stock offered to an
tesemployee with stock scheme, shares offered vesting period's etc.
tesb) Dispatch: Details of offers, correspondence etc to the concerned.
tesc) Acknowledgement: Details of employees acceptance/rejection of an offer
tesmade.
tesd) Receipts details: Receipts against payments made by employees for the stock
tesoffer.
tese) Lapsed shares: Details of Shares offered in stock options which have lapsed
tesdue rejections, payment delays etc.
tesf) Cancelled shares: Shares cancelled from stock options offered.
tesg) Bank deposit details: Details of banks in which the shares are pledged or
teswhere the employee demat accounts are maintained.
tesh) BSE/NSE/NYSE rates: Information of BSE/NSE/NYSE rates of stocks given in
tesOptions needs to be updated on a daily basis.
tesi) Shares transfer: Details of shares transferred to employees.
Reports:
USGAAP:
tesa)Cost and Charge summary: Reports of Cost incurred by the company on the
test stocks offered.
tesb) Cost.
tesc) Charge.
tesd) Weighted average price: Report of weighted average exercise price.
tese) Balance contractual life/ Stocks Outstanding.
MIS:
tesa) Offer letters.
tesb) Shares transferred (Demat details).
tesc) Bank reconciliation statements.
tesd) Master reports.
tese) Reports of Shares given under the heads of Shares allocated,
test Shares Exercised, Cancelled, Amount received (excess or short).
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