Processing a repricing event
This article describes processing a repricing event in your Diligent Equity Option Plan.
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Go to the Securities section in the navigation sidebar and select Equity/Options.
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Select the relevant equity/option plan.
The dashboard opens.
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Search for the Optionee by either entering their name or grant serial into the search box, or scroll through the list and select their name or Edit from the more options icon
menu.A window with their details open on the Grant tab.
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Go to the Modifications tab and select Add a Modification.
Modifications options open.
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Set the Modification Type to Repricing and fill in the relevant details about the repricing event.
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Select Close to save.
Repricing Grants in Bulk
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Go to the Securities section in the navigation sidebar and select Equity/Options.
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Select the relevant equity/option plan.
The dashboard opens.
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Select Settings and go to the Import/Export tab of the Equity/Options Settings window.
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Select Export to .CSV file and a your option plan will download into an excel file. Open this on your computer.
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In the CSV, you can add the Repricing event details to columns AQ-AV. You must enter in the Repricing Date and Repricing Amount for each grant (comments are optional)
Note
Changing grant details such as Grant ID, Serial ID, Name, etc. will result in duplicates upon upload.
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After entering the Repricing details for the grants in bulk, save the updated .CSV file.
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Go back to the Diligent Equity Option Plan Settings and select the Import/Export tab.
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Select Import from .CSV file to upload the repricing event details. Diligent Equity will notify you of any issues upon import.
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After you have completed the upload of the Repricing event, select Save Record to record changes in the cap table.
