EquityList Product Updates

Customers can now enjoy EquityList’s complete end-to-end exercise workflows. This changes the company and employee experience when undergoing a stock option exercise.

For employees, within their employee dashboards they can now head over to Exercise Requests and create a new exercise request, if enabled by their company administrators.

The new flow allows employees to:

• Select options from various grants which are to be exercised.
• Dynamically visualize the total exercise cost and notional unrealized values of the options.
• Understand tax liability on the exercise and accordingly place an exercise request to company admins.

For equity award administrators, make your way to Equity Awards > Exercise Requests > ESOP Exercises.

• You’ll now see an updated end-to-end flow to process and execute employee requests for exercising stock options.
• This includes key action items of payment reconciliation, getting employee signatures on the exercise form, and releasing a digital copy of the share certificate to them.
• Absolute control for administrators to cross-verify exercise and tax values and propose edits.

[Note: Perquisite tax is the tax on the ‘perquisite value’, which is the difference between the total fair market market value of the shares and the total exercise price paid for them. This is taxable because the difference in value is considered a benefit that’s been paid by the employer.

Notional value is the theoretical or “on paper” value that an employee stands to gain if they sell their stock options.]