Overview
A "Same Day Sale" (SDS) allows you to exercise your vested options and sell the resulting shares in a single, streamlined process. This guide will walk you through the steps to submit your request via the Altshare portal.
Step-by-Step Instructions
Access Your Grants After logging into the portal, select "Grants & Instructions" (הענקות והוראות) from the main side menu.
Initiate a New Instruction Scroll down to the summary table and click the button labeled "Create New Order".
Select Transaction Type Choose the option: "Exercise options into shares and sell them".
Enter Transaction Details Input the specific quantity of units you wish to sell and click "Continue". You can only sell units that are listed as "Available for Exercise".
Review and Secure Approval A summary of your instruction will appear. Review the details carefully. Once you click "Create Instruction," a one-time password (OTP) will be sent to your mobile device for final verification.
What Happens Next?
Execution: Once approved, your instruction is sent to our trading desk for execution in the market.
Confirmation: At the end of the trading day, if the sale was executed, you will receive an interim report summarizing the sale details.
Funds Transfer: The proceeds from the sale will be transferred to your bank account within seven (7) business days from the sale date.
Final Summary: Upon transfer, you will receive a final statement including all transaction details, such as prices, fees, and tax deductions.
Important Notes
Mobile Access: Ensure your registered mobile phone is nearby to receive the OTP for step 5.
Availability: You can only perform this action for vested units that have met the necessary legal and plan-specific conditions.
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