Administrator adding an option exercise request on behalf of a stakeholder`
Navigate to the Equity Grants Page
Log in to the admin portal.
Go to the Equity Grants page where all grants are listed.
Select the Grant
Locate the grant for the participant you wish to create an exercise request for.
Click the kebab menu (three dots) next to the relevant grant.
Select “Exercise” from the menu.
Open the Exercise Request Side Drawer
A side drawer titled “Add participant exercise request” will open.
You’ll see a descriptor explaining that this request will create a pending exercise record visible to the participant and will require admin approval.
Review Grant Details
The following grant fields will be displayed for your review:
Stakeholder name
Plan name
Grant ID
Grant date
Number of options granted
Grant price
Option type
Enter Exercise Details
In the shaded box, fill in the following:
Exercise date (when the exercise will occur)
Available for exercise (tooltip available for guidance)
Exercise request date (defaults to exercise date)
Number of options to exercise (input the quantity)
Exercise price (defaults to grant price, can be edited)
Exercise cost (auto-calculated)
Fair market value (FMV) (uses plan-linked FMV; can be edited)
Estimated tax withholding (auto-calculated for NSO options and US addresses; editable)
Estimated taxable gain (auto-calculated)
6. Attach Exercise Agreement (Optional)
You may upload a document (.pdf or .docx) in the Exercise agreement section.
This document will be available to the participant but will not require their acceptance or signature.
7. Submit the Request
Click “Submit” to create the exercise request.
The request will now appear as pending and will be visible on the Exercises & Releases page and to the participant in their portal.
The request will require approval by a company administrator on the Exercise & Releases page.