Transcentive Rolls Out New Equity Plan Solutions - 26 Jan 2009

Transcentive Rolls Out New Equity Plan Solutions

Nevin E. Adams – 01/26/2009

Equity
plan solutions provider Transcentive has announced the release of
version 10.0 of the Express Equity suite of products, which includes
the Express Options software solution.

The
Shelton, Connecticut-based firm supports more than 2,000 companies
worldwide.  It is part of the Computershare group of businesses.

Now with the Express Options solution's Global
Restricted Stock Wizard, plan administrators will have additional
filtering capabilities for grants and participants based on:

• plan,


• grant type


• optionee


• codes


• vesting schedule

Additionally, it offers support of shares sold as a tax payment method, according to the announcement.

Other enhancements include additional capabilities
for restricted stock units. Expiration dates will no longer be a
required field for any restricted stock award grant type. Additionally,
new reports and extracts will provide more details related to the lapse
of restricted stock awards and restricted stock units, according to the
firm.

Financial Reporting enhancements include support of
nontraditional fiscal calendars, and updates to disclosure and EPS
dilutions reports to provide more flexibility related to FAS 123R
requirements.