Employees With Restricted Stock Have Their First Online Record-Keeper And Calculators
Brookline, MA, September 28, 2004 - myStockOptions.com has built the first online calculators and portfolio-tracker exclusively for the growing number of employees whose compensation includes restricted stock and restricted stock units (RSUs). myStockOptions.com provides this new record-keeper free to all individuals who register at its award-winning Web site.
"With many companies now using restricted stock and RSUs in their equity compensation, we feel that this is the right time to introduce a portfolio-tracker and calculators expressly for these types of equity awards," says Bruce Brumberg, founder and editor-in-chief of myStockOptions.com. "Our stock option tools have been widely praised, and Human Resource Executive magazine named them a product of the year. We are committed to offering the same excellence for restricted stock and RSUs."
The new tools complement the extensive educational content on restricted stock that myStockOptions.com has been publishing and updating since its launch in 2000. The restricted stock tools carry the type of sophisticated yet easy-to-use features that myStockOptions.com is well known for among employees, advisors, and corporations.
myRecords For Restricted Stock
myRecords for restricted stock has its own presentation alongside the original record-keeper for stock options, offering employees an online statement of their equity compensation and wealth management. Users can:
These core features are available free to all registered users. Enhancements for Premium Members include interactive pie-graphs that illustrate and model the value of vested and unvested restricted stock. Custom sites that myStockOptions.com builds for companies automatically import employees' grant data and can specially handle performance-linked vesting and performance shares.
Quick-Take Calculator For Restricted Stock
The Quick-Take Calculator for Restricted Stock lets users interactively assess profits at vesting. Users can:
Special Premium features include interactive, animated bar-graphs that illustrate the net gains and taxes, along with "what if" stock-price increases. These let users easily compare net gains at different stock prices and tax rates, with colorful on-screen presentation and printouts.
I Need The Money Calculator: Enhanced For Restricted Stock
The I Need The Money Calculator is a premium tool. Originally just for stock options, it has been enhanced to include calculations for restricted stock and RSUs as well. In this dynamic tool, users enter a required amount of after-tax money. Special features for restricted stock let you know (1) whether you will have enough vested shares in the future to equal the cash you need and (2) what stock price must be reached. Users can also edit the tax-withholding, stock price, and "as of" dates.
myStockOptions.com is the premier provider of online educational content and tools on stock options, restricted stock, and employee stock purchase plans. The company is managed by leading experts in equity compensation, with a long history of successful newsletters, books, and training videos devoted to equity pay topics.
PC World ranks myStockOptions.com among "the most useful sites ever" that "deliver top-notch information, support, and services." myStockOptions.com has also received extensive favorable coverage in major publications, including BusinessWeek, The Wall Street Journal, The New York Times, the San Francisco Chronicle, and The Boston Globe, and on CNN/fn, National Public Radio, PBS, Money.com, and CBSMarketWatch.com.