Community Corner

United States

Transcentive Rolls Out New Equity Plan Solutions

1 February 2009
Source: PlanAdviser.com
Nevin E. Adams – 01/26/2009

The Shelton, Connecticut-based firm supports more than 2,000 companies worldwide. It is part of the Computershare group of businesses.

Now with the Express Options solution's Global Restricted Stock Wizard, plan administrators will have additional filtering capabilities for grants and participants based on:

  • plan,
  • grant type
  • optionee
  • codes
  • vesting schedule

Additionally, it offers support of shares sold as a tax payment method, according to the announcement.

Other enhancements include additional capabilities for restricted stock units. Expiration dates will no longer be a required field for any restricted stock award grant type. Additionally, new reports and extracts will provide more details related to the lapse of restricted stock awards and restricted stock units, according to the firm.

Financial Reporting enhancements include support of nontraditional fiscal calendars, and updates to disclosure and EPS dilutions reports to provide more flexibility related to FAS 123R requirements.

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