To create a new Expense Report under Option awards:
1. Click New Report.
2. In the displayed New Report dialog box, type the preferred Report Name.
3. Select the preferred reporting period frequency in Interval.
4. Select a Base Report from which the new report will draw data from – this generally represents the end of the previous reporting period
5. Disclosures will be generated if a Base Report is selected. (Note: If this is your first report and you want the disclosures to be generated, create a report on the date that represents the end of the previous reporting period and select that as the Base Report.)
6. Select the required Reporting End Date.
7. Type the Forfeiture Rate (%) to specify the preferred attrition assumption.
8. Click Create new report to complete the process.
9. Please review any warnings in the confirmation message, and either amend your parameters by going back or click Yes, generate to proceed.
10. The generated report can be downloaded by clicking the 3 dots on the report
11. Expense Report: The new report is generated as a Microsoft Excel sheet. The report outlines all relevant amortization parameters and assumptions, as well as information for the expense to be booked in the selected reporting period.
12. Disclosures: The disclosures report is generated as a Microsoft Excel Sheet. The report outlines the movement of options during the reporting period including the calculation of weighted average exercise price and remaining contractual life of options.
These details are also displayed at a plan level.
