5 years ago1/19/2021

International exercising - submit and settle your exercise with Carta

Non-US optionholders at US private companies will now be able to initiate and pay for option exercises through Carta.

Who this affects:

• 🌐 Non-US optionholders at US private companies that have enabled this feature

Supported platforms:

• 💻   Web
• 📱   Android and iOS

What's new:

• Submit exercises on Carta - When enabled by your company, option exercises can be initiated within Carta.

• Submit payment to Carta - After admin approval, pay for your exercise with a wire transfer to Carta. Once Carta receives the full cost of the exercise, funds are transferred to the issuing company.

• Exercise and payment status - Track exercise and payment status within Carta. Be notified of any issues with your payment.

• Immediate certificate generation - After receiving the funds for your exercise, a stock certificate is immediately generated for company officers to sign.

Timing:

• This feature is being made available to US private companies gradually throughout 2021.

Resources:

• [Support article] Exercise options via wire

Gwynne Burgess