Finalizing a single equity grant

  1. Select Compensation > Awarding > Awards > Equity Grants.
  2. On the Pending tab, select one or more equity grants to finalize, and click Finalize Grant.
  3. On the Finalize Grant form, specify this information:
    Update Option
    Select the appropriate update action.
    • Select the Default Grant Information Only option to retrieve the equity information from the equity planning rule, without finalizing the equity grant.

      This option enables you to populate the equity grant record with the default equity grant information, then change any values as needed. You would then use the Finalize Only option to finalize the equity grant with your changes.

      Note: If you specified manual updates in fields where default values exist on the planning rule, your updates are overwritten when you perform this action.
    • Select the Default Grant Information And Finalize option to finalize the equity grant without changing any default values. You must also select a Default Grant Date if the planning rule did not include a grant date.
    • Select Finalize Only to finalize the equity grant with all of your manual updates preserved. You must also select a Default Grant Date if you did not specify one on the record.
    Default Grant Date
    Specify a default grant date if one does not exist on the record, or to overwrite the date on the record.
  4. Click OK.
    See Update option results.