ESOP Funding and Cashless Exercise
We facilitate your employee stock option program by offering funding and cashless exercise to employees who need them. You may want this service specially if there are many employees who have liquidity constraints or are non-resident and don’t have direct access to capital market.
In order to make your ESOP fluid and efficient, ESOP Direct helps Plan holders with funding to pay for exercise and perquisite Tax through My ESOPs platform. We have integrated this unique online functionality to help them identify multiple funding opportunities extended by different fund houses and also get guidance in executing the transaction.
ZERO C – CASHLESS EXERCISE
Very often employees are constrained from exercising the options because they do not have funds to pay for the exercise price and perquisite tax, loans may not always be convenient.
In yet another pioneering effort, we have designed ZERO C, India’s first Cashless methodology, duly vetted by legal experts and approved by the regulators.
Embedded in My ESOPs, Zero C allows employees to exercise their options without bothering to arrange for funds.