Idea Details

 

Add a condition on PTEPs to allow to PTEPs to be a certain timeframe IF a condition is met

Last activity 03-14-2023 12:05
Christopher Hoffmann's profile image
By: Christopher Hoffmann
12-28-2022 13:12

So I've noticed there are a number of companies that offer extended PTEPs as long as the employee has met a certain number of years of service (oftentimes it's two years of employment), so it would be great if we could add a conditional PTEP that allows the system to automatically extend the period if the person is terminated after that amount of time. Reference: https://github.com/holman/extended-exercise-windows

It might be best to push hire date entires though so this could be automated, since some companies do vesting start dates that differ from hire dates for the employees' new grants.


Comments

02-17-2023 12:58

I would love to be able to set up PTEP = Vesting as described here:

https://carta.com/blog/pte-vesting/

Post Termination Exercise Period
Equal to the number of months vested per option grant
(e.q. If a grant has vested for 24 months, after termination, the holder has 24 months to exercise the vested shares)