Capitalization and Equity Compensation
Management
Manage, administer, account for, and report on equity compEnsation plans
Equity awards and grants remain an indispensable component of compensation for privately held
companies. However, from accounting complexities to managing multiple rounds of funding, your stock
plan and cap-table management can quickly become a drain on productivity.
Now there’s a better way. Certent’s comprehensive Capitalization and Equity Compensation Management
simplifies and streamlines all the crucial aspects of stock administration and reporting. With a
participant portal, full administration console, and 400+ pre-built reports, you can streamline equitycomp processes, improve productivity, and tighten compliance.
Capitalization and
Equity Compensation
Management Platform
Extras
Accounting
Tax
Participants
Administration Platform
Reporting
Connector
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Capitalization and Equity Compensation Management
Capitalization and Equity Compensation Management
Award Administration
Robust Functionality
• Complete option and
cap table management and
modeling
• Support for 15 award types
• Automatic Black-Scholes
valuation/peer-group volatility
Flexibility
• Rapid data retrieval with filtering,
sorting, and ad hoc reporting
• Easy integration with other
business applications, such as
payroll
• Cloud-based for faster
deployment and zero
maintenance
The Participant Portal
Streamlined Processes
• Automated report delivery for
faster closes
• Elimination of spreadsheets and
manual processes
• Online grant acceptance and
communications
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The Certent platform enables
you to administer 15 separate
award types, from restricted
stock to performance to cashsettled – there’s even support
for automatic ISO/NSO $100,000
rule splits. Administrators have
access to a complete audit trail for
all transactions with time/datestamped entries and can easily make modifications to grants. Certent also
tracks when a grantee moves to another country or regulatory jurisdiction.
And you can get alerts and notifications regarding activity that requires your
intervention. When you’re ready to go public, Certent connects to any broker
you choose for an end-to-end settlement process.
Certent simplifies the sometimes
confusing equity compensation
process for plan participants by
automating the entire exercise and
settlement workflow. Integrated
online grant delivery and acceptance
complies with electronic delivery
and signature requirements.
Participants can make tax payment
elections on restricted awards
vesting, model exercises, and access their grant portfolio and transaction
statements. And when the time comes to select a broker, you’re not locked in
– Certent connects to your preferred broker, providing a complete closed-loop
transaction process.
Capitalization and Equity Compensation Management
Capitalization and Equity Compensation Management
Complete Accounting Features
Certent automatically computes detailed expense calculations and
generates Black-Scholes valuations with imported market prices
and daily risk-free rates. You can use unlimited experience groups
to calculate expected life and forfeiture rates. Certent automatically
computes single-life or multiple-life valuations, using peer group
volatility data when needed, and provides audit reports showing the
fair value details. Certent also supports IFRS reporting standards.
Comprehensive Tax Calculations and Reports
With Certent, you can create a full set of corporate tax accounting
journal entries for all types of settlement transactions, including
settlement of modified and exchanged awards. Certent computes
APIC windfalls and shortfall adjustments and supports unlimited tax
entities for deferred tax asset (DTA) calculations. Use either FIFO or
a pro-rata method of pre-adoption DTA allocation. Certent also tracks
the mobility of participants to give you the information you need to
allocate taxes. And post-IPO, Certent can generate the information necessary for all
SEC requirements, including 10-K, 10-Q, and proxy disclosure.
Reporting
Our comprehensive, Web-based solution features more than 400
prebuilt reports you can use right out of the box. This industry-leading
reporting capability streamlines and simplifies complex financial
reporting by automating processes, eliminating spreadsheets and
improving accuracy – creating greater speed and significant cost
savings.
If you transition to public ownership, Certent helps with statutory
reporting and disclosures – including filing Forms 3, 4, and 5. We offer more than
50 lines of disclosure information to support your plan choices and reduce your
risk exposure through detailed audit trails. With Certent, you enjoy clearer visibility
into equity compensation across your enterprise and the ability to refocus limited
resources on higher-value activities.
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Capitalization and Equity Compensation Management
OUR Advantage
•Market Leadership –
Certent is the leading stock
administration and reporting
provider with more than 400
private company customers,
including LivingSocial, Equilar,
TriNet, and SurveyMonkey,
as well as over 800 public
companies like Con-way
Freight, NRG, Workday,
Hawaiian Airlines, and Libbey.
•Unsurpassed Flexibility –
Certent’s Software-as-aService (SaaS) delivery
includes multiple major and
minor releases a year. We offer
more than 400 pre-built, outof-the-box reports and support
15 different award types.
•Complete Freedom –
With Certent, there’s never
any vendor or broker lock-in.
And we have a thriving broker
and services partner network
to help you get the most value
from the Certent platform.
•Unwavering Focus –
Stock administration and
financial compliance is our sole
focus. Your solution is always
accurate, always up to date.
Capitalization and Equity Compensation Management
The Certent Extras
Cap Table Analytics - This module supports management, analysis and reporting
on capital structure. It provides decision support in evaluating term sheets and
modeling the impact of financing events on current and prospective shareholders.
Tax Rates - Automatically import withholding rates for each tax jurisdiction on
monthly, quarterly, or annual basis.
Scenario Modeler - Our forecasting and modeling tool lets you simulate various
scenarios, such as issuing new grants, with daily or weekly refresh cycles.
Peer Group Volatility - Calculate weighted average volatility for up to 12 peer companies.
Connector
HR Payroll Connector
Use automated two-way integration with leading payroll/HRIS systems to
synchronize tax and demographic information.
How We Make You Successful
When you need the best in equity compensation management, the choice is Certent. It starts with offering the most comprehensive
implementation services of any stock plan software provider.
Your implementation includes:
• Data conversion from your legacy systems
• Accounting reconciliation
• Unlimited, free Web-based training
• One-on-one training and coaching from a Certent
financial reporting expert
Our consultants – who average 10 years of direct industry experience
and most of whom have earned CEP certification - are experts in tax and
accounting issues. We can help you address and resolve questions about
complex accounting, reconciliation, and methodology issues that arise.
And we back that with 12x5 U.S.-based phone support, extensive online
resources, regular software updates, and a commitment to ensuring you
derive the maximum value from your investments through an unwavering
focus on innovation, simplicity, and service. Maybe that’s why more than
1200 companies rely on Certent.
4683 Chabot Drive, Suite 260
Pleasanton, California 94588 USA
Tel: +1 866.336.3274
www.certent.com
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Capitalization and Equity Compensation Management