Stox 2.90.959 released

12/9/2009

Improved APIC Pool report to automatically include both grants valued and expensed using Black-Scholes Single model or Binomial valuation model, as well as grants with Black-Scholes Multiple valuation model and related expense allocation.

Improved APIC Pool report to take expense adjustments into calculation.

Improved Expense Allocation BSS/Bin report when using expense details. Added Save Expenses check-box, so system now does not automatically save expense details.

Added Include All check-box to the same report in order system to show all records, not just those with outstanding shares as of report end date, or just records that have period expenses.

Improved Log System Statistics.



Please read releases log for more, or

visit our downloads page and request a fully functional product demo.


Highlight from our previous releases:

Added On-line Help & Support β system.

Added APIC Pool report to help you with the deferred taxes reconciliation.

Few new keywords added for Description field in the Vesting Schedules.

Added possibility in Option Vesting Adjustments table to reversely modify option price as a part of as-of-date shares adjustment.


Added generic Assignments table to track any type of employee as-of-date or from-to assignments.

Added Option Expense Details table in order to exactly track and record expenses as of date.

Added Option Vesting Adjustments table along with RSU (Restricted Stock Unit) stock type to address performance stock that have variable vesting percentage that changes from time to time, with implications on expenses.

Added Logs table - changed logging procedure to add new records in Logs table to completely cover data changes/audit reporting.

Added Ending Vested + Expected to Vest entry at the Stock Option Activity Summary report. Two updated reports: Aggregate Intrinsic Value and Options By Price (radio button added that allows you to select report for Vested Shares + Expected To Vest using Unvested Forfeiture Rate from Forecast record.

Added Use Option Vesting Details for Shares Vested instead of calculating shares vested. With Vesting Details it is possible to specify exact amount of shares to vest per each date, and it covers all possible combinations with uneven number of shares per vesting periods.

Added three additional (four in total) user data fields in Options.

Added Cancel Options checkbox on the Employee Termination screen. If cleared, grants will stay alive. This way you can terminate employee but not related options.

Added Modify Cancel Date along with Modify Last Exercise Date for terminated grants, so you can now have different termination date and option cancel date.


Large number of reports have been improved to allow multiple plan selection as a report input.

Multiple option type selection as a report input on Option Activity Summary and Aggregate Intrinsic Value reports.

Granted from - to report input in effect on all reports related to Diluted Options Outstanding in order to accept same input as associated Expense Allocation report.

Option Plan Summary report has a selection related to Expired shares.


Expense Allocation BS Multiple report has been improved related to expense adjustments upon vesting.


Two new reports added related to Aggregate Intrinsic Value for shares outstanding and exercisable, and Intrinsic Value for shares exercised, to give details behind the numbers found on the Option Activity Summary report.


There are new allocation methods for the Expense Allocation reports.

We have improved Straight Line model according to the rule in paragraph 42 of FAS 123R.


We have added Vest Line allocation method that calculates expenses proportionally to the number of shares vested inside reporting period.


There is a new system table Option Vesting Details that stores exact number of shares to vest per each vest date and it is a support to StoxEMPOWER web module.


System task in options related to RSP grants so they can be used along other grants in the Expense Allocation report.


Exercise Details report to help with APIC Pool.


In July 2007 we brought interface to our new product called StoxEMPOWER. It is an on-line employee login system. Please read more here.

There are modifications to the Option Activity Status report for plans that allow non-vested shares to be exercised.


In January 2007 we have added changes to the Expense Allocation report related to expense adjustments - system now reports expense adjustments upon option vesting date, which is to be used to true-up expenses previously reported using the unvested forfeiture rate estimate.


We have improved our binomial valuation model, increased its precision, and added expected term calculation for the model results.


At the end of September 2006, we brought modifications to the report formerly known as Expense Allocation APB25, which now works and calculates expenses both for discounted stock options and restricted stock, using intrinsic value on the grant date.


Forensic Accounting Auto Backup.
In addition to the existing Backup task, it is now possible to automatically save all your data on system exit. System creates date and time stamped backups and allows you to go back in time and choose backup data you want to work on.


Edgar OnLine xml submission has been updated in July 2006.


In order to meet FAS123R requirements for restricted stock, we have modified our Option Activity Summary report, which is used for 10Q reporting - there is a new check box that will report only Restricted Stock.


There are updates to the Expense Allocation reports, with possibility to use estimated forfeiture rate.

There is an additional report that helps you estimate forfeiture rate for unvested shares.

Forecast record now contains two columns - one for Post-vesting termination rate (binomial model input) and unvested Forfeiture rate.


Options Activity Summary report is upgraded for FAS123R compliant 10Q reporting - there is modified nonvested roll-forward summary table.

In order to review details for each summary presented at the Option Activity Summary report there are upgrades to the Option Valuation report as well.


There are additional reporting inputs added to the most of Options related reports, which allows more detailed way to select information you want to print.


There are additional Export buttons added to the valuation related reports, which allows you to export reported data into various file formats and use it outside of the Stox software, present it to your external auditors, etc.


In addition to the FAS 123R compliant binomial lattice valuation model,
our latest Easy Options/ESPP Custom (tm) software release allows you to break
Expense Allocation per your company division/department.

FAS 123R compliant valuation model requires two new valuation parameters:
- post-vesting termination rate, specified per year at the valuation forecasts table, and
- suboptimal exercise factor, specified at the option valuation screen.

System provides two reports that, based on historical data, help you to determine these new valuation inputs.

Please note that all releases after 1.45.605 offer improved and fully automatic system upgrade procedure.






Stox Road Map Info* :

- Q4 2009: Stox release based on FileMaker 10, which will allow us to offer more great features like: automatic price download, automatic exchange rate download, peer-group valuation forecasting, easier e-mail reporting, e-mail support request directly from the software, access to the context sensitive on-line help directly from the software, etc.

* all dates subject to change without a prior notice