ESPP Release Notes - Version 23.4.1 (December 7, 2023)
These release notes describe changes made to the ESPP Employee Stock Purchase Plan management platform. 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.
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1.0 |
ADMINISTRATION |
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QUALITY UPDATES |
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| CEM-25925 | 1.1 | A blank tax treatment field is not allowed for a participant An individual or entity participating in an equity compensation plan and/or employee stock purchase plan |
| Blank values have been removed from the UI when you create or update participants. The default value when you create a participant is Pay with Exercise. When you delete an exercise, tax treatment in the history page is working correctly now. Existing blank exercise tax treatment values were also updated. | ||
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2.0 |
ACCOUNTING |
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| There are no items for this category in this release. | ||
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3.0 |
REPORTING |
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| QUALITY UPDATES | ||
| CEM-26284 | 3.1 | Updates to Broker Account information for participants on the ESPP Purchases report |
| In this release, for companies that have the feature flag enabled, we are adding the column containing the Broker Account information for participants on the following reports: ESPP Purchases, Restricted Stock Daily Transaction Recap, and Restricted Stock Future Vesting. This column was removed as a viable option under the custom report builder. This was done to ensure certain client policies were maintained and to enhance participant security. This impacts ESPP and SOA-related accounts. | ||
| CEM-24990 | 3.2 | Updated ESPP Help Content for the Estimated Contributions and Expected Contributions reports, respectively |
| Updated the Contributions (ESTIMATEDCONTRIBUTIONS) description in the Estimated Contributions report and the Expected Contributions (EXPECTEDCONTRIBUTIONS) description in the ESPP - Fair Value report. | ||
| CEM-26602 | 3.3 | ESPP - Increase in election % is not adjusting expense correctly |
| If there is an increase in election percentage, the prior expense should be unchanged, and the expense will increase only for future periods. The components related to expensing in the Fair Value report have also been corrected accordingly. | ||
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4.0 |
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| There are no items for this category in this release. | ||
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5.0 |
IMPORTER |
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| There are no items for this category in this release. | ||
| 6.0 |
INTEGRATIONS |
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| There are no items for this category in this release. | ||
| 7.0 |
KNOWN ISSUES |
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| There are no items for this category in this release. | ||
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