EquityList Product Updates

A dedicated ‘Exercise Settings’ tab is now available under Company › Settings. It consolidates many rules that govern how—and when—employees can exercise their options, reducing manual overrides and audit follow-ups.

What’s included:

• Exercise payment-deadline rules: Set a hard calendar date or a rolling ‘N-day’ window, add a daily cut-off time, and decide whether employees can cancel exercise requests even after FMV is locked.
  
• Exercise payment-completion condition: Choose if employees can proceed to exercise e-signing
  • ‘On Transaction Success’: allows eSigning immediately after the payment gateway confirms, or
  • ‘On Payment Settlement’: allows eSigning only after funds are credited to your company’s account.
    
• FMV calculation method: You can now select the formula as
  • [Default] ‘Average of Opening and Closing Price’, or
  • 'Last Trading Day’s Closing Price’, or
  • A custom formula that matches your internal valuation policy.
    
• Employee payment notification controls: Toggle the payment-deadline banner (a notification banner on employee dashboard) and payment-reminder emails (automated emails to follow up with employees) on/off with a single switch to match your communication cadence.
  
• Offline payments: Choose whether or not you wish to allow offline payments for exercise requests, like cheques and challans.
  
• Bank-account routing: You can now select between using a single MID (Merchant ID) for both the exercise cost and perquisite tax or separate MIDs for both accounts.

Why it matters:

No two companies handle option exercises the same way. Our new settings let you control every step so the workflow fits your policy, not the other way around. Few cap-table tools offer this depth of flexibility, and it removes the need for manual fixes or maintaining multiple side spreadsheets.