DVMEdge

Secretarial

ESOP Management

Stock option schemes, from design through exercise.

recurringSpecial Engagements

Overview

Scheme design and drafting, shareholder and board approvals, grant administration and vesting tracking, exercise and allotment, and the disclosure, withholding and accounting consequences at each stage. Where a trust route is used, we administer that too. Available to companies; other structures cannot issue employee stock options.

Scope

  • Scheme design and drafting of the plan document
  • Board and shareholder approvals
  • Grant letters and option agreements
  • Vesting tracking and exercise administration
  • Allotment, share issue and register updates
  • Withholding tax and payroll consequences at exercise
  • Accounting charge computation and disclosure
  • ESOP trust setup and administration where used

Applicability

Companies only. LLPs, partnership firms, trusts and HUFs cannot issue employee stock options.

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