Option Tracker

Montgomery Investment Technology, Inc. (MITI), an established leader in option-pricing software development and valuation consulting, is pleased to present Option Tracker™, a software tool designed to streamline Employee Stock Option (ESO) and Restricted Stock administration, valuation and financial reporting. Option Tracker is the ideal integrated solution for the Human Resources Director, Chief Financial Officer, Controller and Corporate Counselor.

Option Tracker™ is targeted for small to medium sized (up to 1000 optionees) companies with a need to simplify ESO administration, fair value calculations and mandated financial reporting. The "Valuation Only" module of Option Tracker is designed for U.S. corporations of any size. The Black-Scholes, Binomial Lattice and volatility models in the Option Tracker™ comply with SFAS 123/128/148 and SEC valuation and reporting standards.

Montgomery Investment Technology, Inc. is continually enhancing Option Tracker with new functionality, and offers timely custom programming services in response to customer requests. Option Tracker and the FAS123 Toolkit Advanced currently contain many of the calculations that are described in FASB Standard 123R. Click here to see recent and planned enhancements.

The integrated functions of Option Tracker are Administration, Valuation and Financial Reporting:

• Automated ESO and Restricted Stock transaction tracking
• Plan and grant level administration
• Quick creation of lengthy vesting schedules
• Stock split capability
• Easy import of employee, grant and price information
• One-click export of data and reports to Excel for greater flexibility and customization
• Numerous employee and company reports that can be based on backward and forward dates

• Fair Value calculations based on Black-Scholes, Binomial Lattice, and other models
• Flexible Volatility calculations
• Graphical display of Volatility Trend for calculation of expected volatility
• Automated interpolation of interest rates from the U.S. Treasury yield curve dating back to 1994
• "What-if" option valuation calculations for ESO planning

• Financial Reports for FAS 123R and other regulatory compliance
• Option Valuation report for Fair Value estimation using Black-Scholes, Binomial Lattice, and other acceptable models
• Cost Attribution for ESO compensation expense reporting on Quarterly and Annual basis
• Graded Vesting and Straight Line methods
• Stock Option Activity report for weighted average calculations and changes in outstanding options
• Diluted Earnings Per Share calculations using Treasury Stock Method with adjustments for forfeitures
• Mark-to-Market Report with adjusted share outstanding equivalents based on option "delta"
• "Look-back" model for valuing ESPP price discount awards

Option Tracker has been designed to be useful to a wide range of corporate managers, from the Human Resources Director and Stock Option Administrator to the Chief Financial Officer, Treasurer and Controller. The option and volatility models within OT have been extensively used by FASB, Big 4 accounting firms, valuation consultants and many corporations for over 14 years.

Here is what our clients are saying about Option Tracker and our FAS 123R Solutions.

Option Tracker is available by lease or purchase. Call today to receive the password to download a Free 30-day trial version.