How do I send payment to my company for an option exercise using Stripe
Approval Notification
After you submit your exercise request, wait for your company administrator to review and approve it.
If your company have platform notifications enabled, you will receive an email notification to submit payment. Otherwise your company will contact you directly on next steps. After you login to the platform you will see a pending payment task
Log In to Your Participant Portal
If you need to submit a payment, there will be a payment task in your Tasks page or you can go to the Exercise & Release page instead to send payment from the exercise record
Go to the Exercise & Releases Page
Navigate to the Exercise & Releases section and select the Options tab.
Locate the exercise request with a payment status of “Payment Due.”
Click the “Send Payment” Button
In the exercise record row, you’ll see a “Send payment” button if payment is due.
To double check the amount required and exercise details , click "View details" to open the record
Click Send Payment to begin the payment process.
Redirect to Stripe
A pop up will appear with explaining that you will leave the platform and be redirected to Stripe
The final amount due will also be displayed
If there are any discrepancies, contact your company administrator directly to make any necessary amendments
Proceed to Stripe
Click “Proceed to Payment.”
You will be redirected to Stripe’s secure payment page.
Complete the Payment in Stripe
Follow the instructions on Stripe to submit your ACH payment via bank transfer.
Confirm the payment amount and complete the transaction.
Payment Status Updates
After payment is submitted, the platform will update your payment status:
Payment Processing: Payment sent, awaiting settlement.
Received Online: Payment confirmed and settled.
Payment Failed: If there’s an issue, you’ll be prompted to retry. You can try sending payment again.
Next Steps
Once payment is received and confirmed, shares will be allocated to you automatically. You will receive an email from Stripe directly with a receipt of this payment.