Exercises Ledger & Managing 83(b) Elections

Today, all of Carta's private, corporate customers have access to the Exercises ledger with 83(b) administration features.

Awhile back, Carta introduced the Exercises ledger. The ledger provided a view of all exercise requests across the company, along with simple filtering by exercise status and date range. We've spent some time gathering and incorporating feedback from our customers to provide an improved Exercises ledger with additional features. A few highlights are illustrated below:

Admins are now given a tab that filters for early exercises:

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From there, admins can mark whether or not a shareholder chose to make an 83(b) election, and even send notifications reminding the shareholder to upload their 83(b) election form in Carta:

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Additionally, admins can reject a submitted exercise request when reviewing the request from within the Exercises ledger:

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Filtering by payment type is now possible - this should be especially useful for companies needing to process and accept wire transfers for exercise payment:

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