Details on how to place an exercise order for your options or warrants, sign the exercise notice and how to transfer funds
If you hold grants with a company that is using Capdesk, they can invite you to exercise them.
You will be state how many equity (options or warrants) you would like to exercise and sign all relevant documentation. The payment for the exercise will be handled externally.
You will have received an email invitation similar to the one below for you to exercise your equity. (this is an example for an option grant exercise however the process is similar to the rest of equity types supported on Capdesk).
Click on the green button Exercise your options and log in/sign up to your account. You will then be prompted with the below screen to exercise your equity.
You will need to input or select (using the bar) how many options you would like to exercise in each grant (if there you have multiple grants available to exercise) and view the total exercise percentage at the end of the bar.
You will then find a summary of how much exercising the options will cost and applicable for leavers only, how many options you will lose if you do not exercise before a certain date (this can be 0).
Once you have configured your order, click the green Request Exercise button.
You will then be redirected to DocuSign to sign the relevant documentation i.e the Notice of Exercise.
You do not need to set up a personal DocuSign account to proceed to this step. Your name will be automatically filled in on the field where you need to sign. To sign, click on the yellow box with the arrow on it then select Finish at the top of the page.
Once signed, your exercise order will be put through and the company will need to complete the process. You will also receive a confirmation email to your registered email address containing the payment instruction, if provided by the company. Please look to contact the company if payment instructions are not included.
Once payment is made, the company will need to approve the exercise which will convert your holdings into shares. You will also receive a confirmation email once this is done as the one below.