{"id":1536,"date":"2019-07-30T00:00:00","date_gmt":"2019-07-30T00:00:00","guid":{"rendered":"http:\/\/www-staging.carta.com\/sg\/blog\/exercising-options-update\/"},"modified":"2021-03-05T06:57:40","modified_gmt":"2021-03-05T06:57:40","slug":"exercising-options-update","status":"publish","type":"post","link":"https:\/\/www-staging.carta.com\/sg\/blog\/exercising-options-update\/","title":{"rendered":"Exercising options made simpler on Carta"},"content":{"rendered":"\r\n
Day to day, most employees don\u2019t think about their stock options. That is, of course, unless they need to make a few important decisions, like when to exercise those stock options.\u00a0<\/p>\r\n\r\n\r\n\r\n
For many, exercising is a serious financial decision that begins with a lot of uncertainty. When should I exercise? How do I exercise? What are my shares worth? Do I have to pay taxes\u2014and how much?<\/p>\r\n\r\n\r\n\r\n
We updated our in-product exercising experience to help employees feel more confident throughout the process and reduce the finance and HR team\u2019s burden of managing (and answering questions about) option exercises.<\/p>\r\n\r\n\r\n\r\n
When employees exercise, the company\u2019s cap table needs to be updated. This can get overwhelming as you scale. But with Carta, your cap table updates automatically when employees exercise. The transaction and taxes associated can be handled completely through the platform\u2014without employees having to hand you a single check.\u00a0<\/p>\r\n\r\n\r\n\r\n
Now, we\u2019ve made the employee workflow even easier. When your employees want to exercise, we guide them through a step-by-step process that includes:<\/p>\r\n\r\n\r\n\r\n
We also added new exercising flows on mobile so employees can exercise their options on iOS<\/a> and Android<\/a> when and where they want with the same confidence they have on desktop. Users can also complete their personal profile and connect their bank account all from the app.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n Equity, options, and exercising can be confusing. We\u2019re committed to helping your employees understand what they own. Send these resources to your employees to get ahead of their questions:<\/p>\r\n\r\n\r\n\r\n<\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n
Keep your employees informed<\/h2>\r\n\r\n\r\n\r\n