Updating Post-Termination Exercise Periods on Grants

You can set up the post-termination exercise periods on a plan level or on the individual grants. Update the post-termination exercise periods on the plan level

You are able to update the post-termination exercise periods on a grant that has been issued:

1. Select all the grants you would like to change (you can select only one). Then select 'Actions,' the button that appears at the top of the ledger. 

2. Update the terms as needed by selecting the box and modifying the dates. 

Note: "count" is the number of time units, "period" sets the unit of time (ex. day, week, month).

3. Then, select 'Next: add modification reason.'

You should be able to save and update the exercise periods on the grant.

Note: Changing the post-termination exercise periods can have tax and accounting consequences, so consult your legal administrators before making any changes.

Was this article useful? Thanks for the feedback There was a problem submitting your feedback. Please try again later.