Employee Share Options Plan (ESOP)

System Features & Benefits
Employee
  • Can view, accept, and exercise stock options online from anywhere in the world

  • Check number of options available for exercise

  • Check vesting dates and expiry dates of options

  • Check the price and gain if employee exercises immediately

  • Can see current status of transactions

  • Share Borrowing and Lending is available to lock in the current price via integration to Broker & Dealer module

  • Financing is available to help to fund the purchase of shares during exercise via integration to Broker module

  • Faster turnaround time for shares to be credited into the employee’s CDP account
HR Admin

  • Eliminate collecting of paper forms for manual acceptance or exercise of options

  • Eliminate collecting of $1 upon acceptance (since employee can authorise deduction from payroll)

  • Eliminate manual calculation of number of available options since system automatically calculates values based on vesting periods

  • Administrator can exercise options on behalf of employees if necessary

  • Reports generated automatically without need for calculation

  • Reports are customisable to your specific needs

  • Automatic generation of IR8B form in printer ready format

  • Overall reduction of paperwork and report preparation

Legal / 

Company Secretary

  • Forms for SGX & CDP are automatically generated in a printer ready format

  • Forms can be customised to your own specifications

Dealer

  • Dealer can exercise options on behalf of employees who are not familiar with using the internet

  • Dealer can help arrange for Share Borrowing and Lending for the employee

Broker

  • Access can be granted to the Broker of your choice

  • Broker can help arrange for financing for the employee

  • If desired, collection of ESOS fees may be outsourced to the broker

Share Registrar

  • Access can be granted to the Share Registrar of your choice

  • Forms for SGX & CDP are automatically generated in a printer ready format

  • Forms can be customised to your own specifications