Better Stock Plan Governance
Stock Plan Administration
- Administer any of the following award types with the appropriate attributes. Each award type may be segregated and reported separately.
- Options
- Share Appreciation Rights (SARs)
- Share Units
- Stock-settled SARs
- Accurately track all plan information with detail for exercises, redemptions and forfeitures/cancellations.
- Summary views at the plan and grant level with the ability to drill down on individual grants to view a snapshot of current awards and time based events.
- Allows the administrator to quickly view the high-level amounts relating to granted, cancelled, exercised and outstanding with the ability to drill deeper and view specific transactional entries.
- Create both time-based and performance-based vesting schedules which may be applied across plans and grants.
- Vest schedules are created once and then automatically applied to new grants/employees.
- Integrated/flexible blackout administration
- Supports one-off and/or recurring blackouts
- Select Insiders, add other specified individuals or an additional employee group
- Full audit on blackout periods, start and end date by time by employee
Stock Plan Valuation & Expensing
- Compliant with FAS 123(R) and CICA 3870 guidelines for expensing.
- Full support of Black-Scholes and binomial lattice models for valuation.
- Intrinsic and/or pre-calculated values may also be supplied to the expense reporting.
- Expensing data sets allow for the creation of expensing models at various levels including plan, grant or division.
- Expense reporting provides a detailed breakdown of past expense as well as expense for the current and future periods.
- Accrued expense may be stored within the system and is automatically referenced by the reporting to provide current expense values.
- Automatic calculation of Deferred Tax Asset amount and Additional Paid in Capital pool based on marginal tax rate.
Stock Plan Reporting
US Reporters
FAS 123(R) Expense Reporting
- FAS 123(R) compliant expense reporting includes all details required for disclosure in financial reporting. Accruals functionality allows corporation to lock down current expense to match reported values.
- Also included in expense reporting is the calculation of APIC and DTA amounts.
10-K / 10-Q Filings
- Complete disclosure reporting for 10-K/10-Q filings for SEC issuers. The StockVANTAGE disclosure reporting conveniently provides all values required for disclosure by US corporations in a single report.
EDGAR Insider Filing
- Reports conveniently summarize all insider activity providing EDGAR transaction codes for each step of a transaction
Canadian Reporters
CICA Expense Reporting
- CICA compliant expense reporting includes all details required for disclosure in financial reporting. Accruals functionality allows corporation to lock down current expense to match reported values.
Annual Filings/Management Information Circular
- Reporting supporting the information requirements for annual financial statements and management information circulars.
TSX Filings
- Support for monthly TSX filings via reporting that matches the format prescribed by TSX Reporting Form 1 – Change in Outstanding and Reserved Securities.
SEDI Insider Filing
- Reports conveniently summarize all insider activity providing SEDI transaction codes for each step of a transaction
ASP Model
- StockVantage’s software is browser based
- Plan information can be access at anytime and anywhere via an internet connection
- No client software to install, upgrade or maintain
- Data is confidentially stored by StockVantage in our secure hosting facility
