Add Stock Grants
- Security:Set Up: Stockdomain in the Advanced Compensation functional area.
- Configure theRequest Stock Grantbusiness process to meet your needs.
- Use theMaintain Event Categories and Reasonstask to create a reason for theStock Grantcategory.
- Set up stock plans.
Award stock grants to 1 or more employees.
- Access theAdd Stock Granttask.
- In theStock Grantsection, consider:
Option Bezeichnung Percent GrantedDisplays if the stock plan was created as aPercent.Enter the award as a percentage of base salary.Amount GrantedDisplays if the stock plan was created as anAmount Based Plan.Enter the award as a fixed monetary amount.Shares GrantedDisplays if the stock plan was created as aUnit Based Plan.Enter the award as a number of shares.Converted AmountDisplays only for amount or percent-based plans and when the currency assigned to the employee is different than the currency for the grant price.Workday converts the amount or percent grantedVesting ScheduleDisplays theVesting Scheduleconfigured for the grant type on the stock plan or plan profile.Vest From DateThe date that the stock grant becomes available to the employee. It's also the date that stock options become available for exercise.This is often the same date as the hire date or event date.Options Pricing FactorDisplays only for amount-based or percent-based plans and when the grant category equalsOption.Workday converts the amount or percent granted. Workday uses theOptions Pricing Factorwhen calculatingCalculated Shares.Calculated SharesDisplays only for amount-based or percent-based plans.Workday calculates this value by dividing the amount granted by theGrant Price, and divided again by theOptions Pricing Factor.
Access the
Update Stock Grants
task to update approved stock grants with the grant date, grant price, vest from date, and board approval.