The exercise page centralizes every step of the process, from approval to payment confirmation and final share issuance, ensuring full transparency and smooth coordination between you and the option holders.
You’ll find it in the menu on the left side of the screen, under “Exercising.”
What you can do on the exercising page
On this page, you can:
Follow the overall progress of all ongoing exercises
Approve or decline new exercise requests
Track pending payments and send reminders
Validate received payments
Issue shares once everything is confirmed
Review completed exercises
Important to note: Exercising stock options could require involving the board and other formal processes, including reporting to the government. Ask your accountant or reach out to us, and we can help.
Let’s go through each section:
Overview of the exercise situation
At the top of the page, you’ll find a summary showing the current status of all ongoing exercises.
You can quickly see:
How many requests are pending approval
How many are waiting for payment
How many are ready to be issued
Pending approval
The exercise process always starts with the option holder, who submits a request to exercise their stock options from their portfolio.
Once submitted, the request appears in the “Pending approval” section of your exercising page.
From here, you can review the details of the request, including the stakeholder’s name, number of options, and total amount, and decide to approve or decline it.
Waiting for payment
After approval, the exercise request moves to the “Waiting for payment” section.
This means the stakeholder has to transfer the funds for the exercise.
You can monitor each request here, and if payment hasn’t been confirmed, you can send a reminder email directly from this page.
Validating received payments
When the option holder has transferred the money, you’ll receive an email notification confirming the payment.
Once you’ve verified that the funds have been received, return to the exercising page and click “Mark as paid” to confirm the payment.
The request will then move to the next stage, ready to be issued.
Issuing shares
In the “Ready to be issued” section, you can now issue the corresponding shares to the stakeholder.
You’ll be able to:
Add any supporting documents (like confirmation letters or internal approvals)
Confirm the issuance directly within the page
Once confirmed, the stakeholder will automatically receive an email notification, and their portfolio will update with the new shares.
Review past exercises
At the bottom of the page, you’ll find a record of all past exercises.
For each completed exercise, you can see:
The number of options exercised
The date of completion
The exercise price
The program or grant the options came from
Conclusion
The exercising page in Unlisted allows company managers to handle the entire stock option exercise workflow from one place, from reviewing requests to validating payments and issuing shares.
It provides clear visibility at every step, simplifies communication with stakeholders, and ensures all exercises are properly documented and reflected in your company’s equity records.