Valuations

The Valuations page enables you to apply the assumption scenarios that have been created in the Assumptions Module or that have been manually derived to actual valuations for grants in a given period. Awards can be valued separately for each group of optionees (if they exist) by applying either different sets of assumptions to each of the groups (such as different expected terms or post-vest cancellation rates) or you can select to change the valuation technique that is used to value each group. Please note that the valuation of MPA Grants is not supported.

1. Enter Valuation Begin and End Dates. Enter dates in the provided fields or click the Calendar Icon to select a date from the calendar. Only those grants having a grant date falling between the Begin and End Dates (inclusive) are considered in the calculation.

2. Click the Update button. If you change the valuation dates this button is enabled allowing you to update the dates used in the calculation. This also updates the year selection drop down list with years within the valuation begin and end dates.

a. Select Year if the valuation begin and end period spans multiple years, you must select a year from this drop down list. Only those grants that have a grant date within the selected year are considered in the calculation.

b. Select Group/Quarter/Month. Depending upon the time period and grouping options set on the System page under the Configure tab, the title of this selection changes. Select one of the options, if provided. Only those grants that have a grant date within the selected value are considered in the calculation.

Time Period	Grouping	Title
Monthly, Quarterly, Annually	By time period within each group	Group
Monthly	By Group within each time period	Monthly
Quarterly	By Group within each time period	Quarterly
Annually	By Group within each time period	Field is not displayed

This section has two different displays depending upon the grouping options, if selected, set on the System page under the Configure tab. If grouping is not selected, only one set of calculation options is displayed. If grouping is selected, a tab is displayed for each group based on options set on the System page under the Configure tab.

If “By time period within each group” was selected, tabs are presented for each time period. The exception for this is if the time period is set to annually, then no tabs are present.

4. If desired, check the Save as New and Override Existing option values check box. You can run valuations without having to save values to the Equity Methods' database. Once the optimal option values for grants are created, you may save as new or overwrite to previously saved values in the database.