emX Product Updates: Stock Options and Grants

With enhancements to the way our system handles stock options and grants, we’ve made your financial plans more accurate and easier to build. Check out our improvements below.

Stock Options and Grants Vesting Schedule Enhancements

Now, you can model asymmetric vesting schedules in emX in addition to the symmetric vesting schedules already available. This provides more flexibility to a client’s vesting schedule within their equity plan, allowing you to improve the accuracy of their entire financial plan.

While in the Vesting Information section, you can set up vesting schedules one of two ways. The first, classified as a Simple Schedule, is a symmetrical vesting schedule. The second, classified as a Free-Form Schedule, allows you to incorporate a variety of asymmetrical techniques.

With a Simple Schedule, you can define the First Vesting Date, the Frequency of Vesting, and the number of Vesting. You can also easily create a Cliff Vesting schedule by entering the Shares in the First Vesting Period, which allows you to designate a value for the number of shares vesting in the first period if that value is different than a uniform portion of the overall vesting.

With a Free-Form Schedule, you can define any number of vesting periods, with a given period having any vesting date, and any number of shares. The flexibility of this type of form allows you to create custom vesting schedules to fit individual client needs.

Duplicate a Grant within a Stock Options and Grants Plan

To help expedite the data entry process for stock options and grants, you can now duplicate a grant within a stock option in both the Facts menu and Advanced Planning Techniques.  To duplicate a Grant, click on the Make a duplicate of this grant icon while in the Grants section of the Fact Finder.