Transaction: Exercise Dialog Box

1. In the Trade Date box, enter the date that the option is exercised.

2. In the Price box, enter the exercise price for the option.

3. If entering the transaction by shares, enter in the number of shares exercised in the Shares box. The Amount field will auto-calculate.
   or
   If entering the transaction by amount, enter the dollar value exercised in the Amount box. The Shares field will auto-calculate.

4. Click the Matching method specified arrow to select the matching method to use for the closing transaction. (If you select Specified, the Tax Lot dialog opens so you can specify the number of shares from each lot you are exercising. Then you can click to view your selections.)

5. In the Other Fee and Commission boxes, you may enter in fees associated with this transfer.

6. In the Exercise fee box, enter the fees paid to exercise the option.

7. The Source field is pre-populated with Manual.

8. In the Data Entry Date box, enter the date the transaction is entered into the system. The default is today's date.

9. In the Settlement Date, enter or use the calendar icon to select the date that the exercise was settled. It will default to the trade date plus the settlement offset days needed for the security type.

10. In the Broker ID box, enter the broker ID.

11. To record this transaction, click . The transaction is recorded.
    To save this transaction to the account blotter and enter another transaction, click . The transaction will be saved to the blotter, and you can enter another transaction.
    To save this transaction to the blotter and close the Transaction Wizard, click . The transaction will be saved to the account blotter and you are returned to the account blotter.
     

Note: Transactions listed in the account blotter are not posted to the account until you click .