When a Team Member exercises equity

When your Oyster Team Member exercises their equity, you must register an event on our platform so that we can process the necessary tax withholding.

Note: If you set up an integration with Carta, the details of the equity exercise will automatically be pulled into the Oyster platform as soon as the Team Member clicks "Exercise" on the Carta app.

 

Here is a step-by-step guide to registering an equity event:

  1. Log in to the Oyster app and navigate to the "Equity event" page on the side menu.

  2. Click "Register an event" button on the top right corner of the screen.

  3. Fill in the details of the exercise and click "Continue"

  4. On the next page, you will see a detailed breakdown of the maximum amount of tax to be paid by your company as well as the Oyster Team Member. This is only an estimate, and the actual amount of taxes to be paid may differ - the accurate amount will be displayed in your invoice breakdown. 
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