ESPP Release Notes - Version 21.8 (Mar. 11, 2021)

These release notes describe changes made to the ESPP Employee Stock Purchase Plan management platform in version 21.8 on March 11, 2021. System updates are comprised of features and fixes that are deployed in regularly scheduled major and minor releases.

The help system is the primary source of information and instructions about new features. When you see a blue link in a release note item, click it to view a related help topic in a separate browser window.

The release notes are organized by the categories listed below. Scroll down to read them.

1.0

ADMINISTRATION
  There are no items for this category in this release.
     

2.0

ACCOUNTING
  There are no items for this category in this release.
     

3.0

REPORTING
  NEW AND ENHANCED FEATURES
  3.1 EMPLOYEENUMBER Column Added to Select ESPP Reports
    An EMPLOYEENUMBER column has been added as the last column in the Excel File (CSV) format of the reports listed below. It is used primarily by clients with a specific broker relationship.
  • ESPP Elections Report for Payroll (ESPP_ELECTION_002)
  • Disposition Detail Report (ESPP0015)
  • Contributions Refunded (ESPP_CNTB_REFUND)
  • Equity Holder Contributions (ESPP001)
  • 25K Limit Detail (ESPP007)
  • 25K Limit Summary (ESPP011)
  • ESPP Purchase Report (ESPP003)
  QUALITY UPDATES
  3.2 Issue with ESPP - Accounting Entries Report and Termination After Withdrawal [IS6323]
    When a participant An individual or entity participating in an equity compensation plan and/or employee stock purchase plan voluntarily withdraws from an offering period, the expense continues to accrue and is reported on the Expense Accrual and Accounting Entries reports as expected. However, within the same period but after the withdrawal, if the participant then terminated, the expense accrual report continued to accrue expense as expected but the accounting entries report recognized the termination and stopped accruing expense. This created a discrepancy between the two reports. Now, when a withdrawal occurs prior to a termination, the accounting entries report is not impacted by the termination and matches the expense on the expense accrual report.
     

4.0

PARTICIPANT PORTAL Online portal used by participants to perform various grant-related tasks as allowed by company policy

  There are no items for this category in this release.
     

5.0

IMPORTER
  There are no items for this category in this release.
     
6.0

INTEGRATIONS
  There are no items for this category in this release.
     
7.0

KNOWN ISSUES
  There are no items for this category in this release.
     
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