Create a stock option plan and plan share reserve
There are two steps for creating a new Option Plan. First, you create the Option Plan and the Plan share reserve. Second, you select the general parameters and default provisions that apply to the Option Plan. For instructions on creating the plan terms go to Set up plan parameters and default provisions.
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Go to the Securities section in the navigation sidebar and select Options.
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Select New option plan to start the new plan wizard.
Complete all the fields.
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Select Next to set up your plan's preferences and settings.
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Select Next>Finish.
Note
The fields Expires after and Exercise options within can be changed on a grant by grant basis.