Exercise Expiration Notice
For companies that have ACH enabled on Carta, the email provides instructions for option holders to connect their bank account and exercise:
Learn more about enabling an employee's ability to exercise.
For companies that do not have ACH enabled, the email directs them to reach out to the issuing company to exercise:
Carta does not send out a notification email if the exercise expiration window expires before the 21-day threshold or if no shares have vested at the time of termination.