Managing option exercises has often meant chasing down spreadsheets, confirming details over email, and manually tracking approvals. It’s inefficient for clients and time-consuming for legal teams.

Walter now offers a simpler, more structured way to manage this process with our new self-serve exercise request feature. 

Giving option holders more visibility and control

Option holders invited to the platform can now submit exercise requests directly from their stakeholder portal, where they already have access to:

• A full view of their holdings across all security types, including shares, options, and SAFEs
• Key details for each security, including quantity, vesting schedules, and exercise price
• Executed documents related to their holdings, available to view or download at any time

If any portion of an option grant has vested, they’ll see a Request Exercise button. From there, they can choose the quantity they want to exercise, whether full or partial, and submit the request in just a few clicks.

They’ll receive email notifications as their request moves through each step, including when it’s approved or denied and when the shares have been issued.

A connected workflow for clients

Once a request is submitted, the client workspace admin is notified and can take action directly in Walter. They can review, then approve or deny the request.

If approved, Walter automatically creates the exercise transaction and a draft share issuance, both linked to the original grant. This gives clients a complete view of the full history, from the initial grant through to the exercise and resulting issuance, all in one place.

There is no need to re-enter information or coordinate over email. Everything stays centralized, traceable, and tied to the records your firm already manages in Walter.

See what’s possible

If you're curious how this could fit into your workflows or want to explore what else Walter can help with, we’d love to connect.

You can also check out the changelog to see what else is new.