Exercising Your Vested Options

Exercising Your Vested Options

As an employee, once your awarded options have vested, you can begin the process of exercising them to receive shares. Follow the steps below to complete your exercise smoothly:

Step 1: Sign In to Your Qapita Account

Access your Qapita dashboard by logging into your account using your credentials.

Step 2: Navigate to the Equity Awards Section

Click on “Equity Awards” from the left-hand menu.

Step 3: Select 'Exercise Options'

Click on “Exercise Options” to open the exercise workflow.

Step 4: Enter Personal and Nominee Details

Fill in your Personal and Nominee information on the Exercise Page, then click Next.

Step 5: Choose Number of Options to Exercise

Decide how many vested options you’d like to exercise:

• If exercising all, select “Yes.”
• To exercise a specific number, select “No” and enter the desired quantity.

The system will auto-calculate the tax payable and display a breakdown for your reference.

Review all details and click Next to proceed.

Step 6: Make Your Payment

You’ll now see the company’s bank account details. Two wire transfers are required—one for the Exercise Amount and one for the Estimated Tax.

Bank Details:

• Bank Code: 026073150
• Account Number: 2715500356
• Account Type: Checking

Please ensure both payments are made using the same details and attach the payment receipts for records and processing.

Step 7: Provide Payment Confirmation

On the Payment Details page, enter the following:

• Transaction Reference Number from your bank
• Transaction Date
• Bank Name, Branch, and Account Type

Click Next to continue.

Step 8: Final Review and Submission

In the Review Exercise step, carefully verify:

• Number of options exercised
• Personal and nominee details
• Payment information

Check the confirmation box and click Submit to finalize your request.

? Note: You cannot cancel the request once it is approved. To cancel before approval, please reach out to your company administrator.

What Happens Next?

✅ Exercise Approval

Once your payment is confirmed, the company will review your submission. You’ll receive an email notification when it’s approved.

✅ Share Issuance

After approval, your shares will be allotted, and the status will be updated under “Share Issuance” on your dashboard.

✅ The “Exercise Options” menu will only appear if enabled by your company admin. For any concerns, please contact your administrator.