Equity Compensation Planning Solutions
 
StockOpter® v.2.52

 

Date of release: 30 January 2002

Major new features: No new features were added and no cell formulas were changed. This is a maintenance release only.

Fixes and Enhancements

Internal tax charts updated to IRS numbers for 2002

Affected scenarios: Tax calculations on all case sheets and on the Assumptions sheet.

Impact: This affects all tax calculations throughout StockOpter® by making them more precise for year 2002 calculations. Actual impact on calculations is probably quite minor, if you had chosen a reasonable number on the Assumptions sheet, Row 55 "Estimated inflation/escalation rate for tax-related values" With this change, "Initial Model Years" prior to 2001 are no longer supported.

Price Indices

Description: New data was added at the end of each row to include year-end 2001 numbers. Two companies on the sheet were dropped because they had merged: Homestake Mining and Campbell Resources. Two indices were added: Barrick Gold (replacing Homestake Mining in that sector) and Enron (given its wide publicity).

Impact: The utilities making use of the "PriceIndices" sheet (Price Indexer, and Diversification Illustrator) now have an additional year of data to use.

Affected scenarios: All cases other than those with a filing status of "Single".

Initial year for StockOpter® model

Description: The "Initial year for StockOpter® model" on the Assumptions sheet (Row 42) now defaults to 2002, to reflect the tax number changes noted above.

Impact: No operational impact.

Wizard layout

Description: The layout and design of a number of wizards was updated for overall consistency.

Impact: No operational impact.

 

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