Exercising Your Options
An option award means that you can buy a share, after it vests, for a predetermined price. So, when an option vests, you purchase it through a transaction called an exercise. The exercise converts it to a share.
If you have options that can be exercised, an alert will appear on your dashboard. Certain plans will have a closed exercise window meaning that the option can only be exercised during a certain period of time or subject to a certain event.
To submit an option exercise request:
1. Navigate to the Equity Grant tab, choose the grant you want to exercise and click the 3 dots on the right-side.
2. Select the Exercise button on the option you wish to exercise. The number of shares available for exercise will appear at the top of the tile, along with the grant price. Input the number of shares you wish to exercise and your exercise cost will be calculated. Press Submit to send through your request.