Page 1
Nextage is proud to introduce a new and advanced comprehensive online solution for companies that issue stock options and track corporate securities. Nextage's Stock Option Plan (SOP) Management Solution is an all-in-one flexible web based solution that enables companies to ease through their stock option updates and calculations.
The challenge:
Private companies and rising start-ups that issue stock options soon discover that they must incorporate an efficient and flexible tool to enable accurate and easy tracking of all existing data, in addition to required calculations, updates and other management resources. As a company grows in size and revenue, excel spreadsheets quickly become an outdated answer and a more compliant solution is much in demand.
The answer: Nextage's Stock Option Plan Management Solution
Nextage's SOP management solution provides private, venture-backed companies, and public companies with a powerful solution for managing stock options, corporate equity and compliance. The solution is a highly secure, web based management system that simplifies regulatory reporting.
While some solutions focus solely on stock options, our SOP management solution tracks and develops reports for all of your corporate equity including stock options, restricted stock, common and preferred stock, warrants and convertible debt. Since the system contains all the information pertaining to shares and options allocations, options exercise,
Share Sale, forfeiture and cancellation, the data is accessible at any time and just a few clicks away. Since the data can easily be managed by a company's HR professional your company can save money on data management. There is no need to contact lawyers or spend more on service fee since all the stock options are tracked and monitored within your organization, accessible at any time.
The benefits of the SOP Management Solution:
•As a web-based application, users only need an Internet connection and a web browser to access the system. Our SOP solution uses a single-sign-on system, which enables multiple individuals to access data simultaneously and in real-time.
•The SOP application is backed-up on a daily basis, and a comprehensive backup strategy is in place to protect client data against computer equipment failures. Moreover, the backup media is stored in an off-site location.
•Supports separate registries for Award Types such as Incentive Stock Options (ISO), Non-qualified Stock Options (NSO), Warrants, Restricted Shares, Equity Settled Share Appreciation Rights, Cash Settled Share Appreciation Rights and Performance-based Stock Awards
•The SOP Management Solution has simple and intuitive calculation tools that allow you to determine expected term, remaining contractual life, interest rates, volatility and forfeiture rates. These calculators simplify the process for calculating the valuation parameters required for the computation of option expenses.
•Quickly and easily determine volatility based on public peer group historical analysis, expected term, and interest rates, thereby simplifying the process of determining Black-Sholes fair value.
•The SOP Management Solution offers its clients built-in automated brokerage services through an online platform which enables equity plan participants to initiate options or restricted stock exercises over a direct connection via the SOP platform and Ez Custom Brokerage Services.
Page 4
Implementation:
Our team reviews, organizes, and uploads historical data into the SOP solution, ensuring accurate and smooth migration to our system. This includes grant documents and allocation plans.
Training:
Receive full training sessions including grant updates, expiration handling, cancellations, employee departure, sales and more. After the training, you will be able to manage the system yourself, including entering or extracting all necessary data from the system to receive any required calculation or other information.
Client support:
Our experienced teams of professionals are available during business hours to answer questions and guide you through the process.
