Stock Workgroup Update

Bill Kerr, Oracle Corporation

Who Are We?

Objective: provide schemas to enable exchange data related to the operation of employee stock option plans. Possible parties involved are: Employer, Plan Administrator, Stock Plan Participant, Broker, ....

Participants: Oracle, SAP, Transcentive, PWC, Charles Schwab & Co, Authoria, Commerzbank, Peoplesoft, Deutsche Bank, eTrade, Citigroup...

KickedOff: Feb 20th 2002

• Version 1.0: Approved 7th October 2002 – Thank you!

Scope of Version 1.0

Initially support Stock Options

Five Schemas Defined:

StockPlan StockPlanParticipant Grant ExerciseRequest ExerciseConfirmation

Additional Worker Schemas to delete StockPlan, StockPlanParticipant, Grant, etc.

What are we working on now?

Next Version 1.x

What is in the next version?? Employee Stock Purchase Plans (ESPP)

• Modified StockPlan schema to add Stock Purchase Rules• Modified Participant schema to add eligibility info

Two New Schema StockDeposit (future enhancement for Stock Awards) StockSaleConfirmation (disqualifying disposition reporting)

Reuse existing and upcoming schema• Payroll Instructions• Defined Contribution• Benefits Enrolment (Additional fragment)

Target Delivery - June 2003

Process Flow…..