How to declare an exercise in Remote Equity

This article explains how to declare an equity exercise for a team member in Remote Equity.

When you provide an equity grant to your team, they may choose to exercise their right to buy shares granted under that agreement. This is called an exercise event. Declaring this event is mandatory in several countries, so it’s important to keep your Equity workspace up to date to ensure accurate tax reporting and compliance.

Before submitting an exercise, make sure the original equity grant has already been declared in the platform. If you haven’t done that yet, follow these steps: How do I declare a grant.

Declaring all equity grants for EOR team members is required under our Terms of Service.

Steps to Declare an Exercise

1. Access the Remote Equity App
   • Log in to your Remote account
   • Select Equity from the left navigation menu
   • Click Access Remote Equity App on the right side of the screen (opens in a new tab)
2. Start a New Exercise Declaration
   • Click Declare New in the top-right corner
   • Select Declare new Exercise from the dropdown
3. Configure Exercise Details
   • Select the employee from the list
   • Choose the grant you're exercising from their available grants
4. Enter Exercise Information
   • Share issuance status: Indicate whether shares have been issued
     • If "Yes" - provide the issuance date
     • If "No" - proceed to the next field
   • Quantity exercised: Number of shares being exercised
   • Exercise price: confirm this matches the exercise price set out in the grant you have initially declared
   • Individual share value: Indicate the fair market value of each share at the time of exercise
5. Complete the Declaration
   • Upload any required supporting documents
   • Click Declare to submit

What Happens Next

Once submitted, our tax team will review your declaration. You'll receive:

• An estimate of taxes due
• Instructions for next steps

For further guidance, you can review this short demo.