SAP Program RHECM_PROCESS_EVENT - Process Event for LTI Plan Grants

Purpose
Execute this report to process LTI-related events and update infotypeLTI Grant (0761) accordingly.
This report is meant for mass processing. It is therefore recommendedthat either the HR administrator or the compensation specialist -depending on the size of the company - execute it in background viaProgram > Execute > Background.

Prerequisites
You must have:

  • Been through the Implementation Guide for Enterprise Compensation
  • Management.
    • Maintained infotype LTI Grant (0761) for the selected
    • personnel numbers.

      Selection
      You can make various selections according to time-dependent andorganizational needs.
      In addition, you must specify the LTI plan to be processed, theprocessing date or date of event (Per default, the system date isdisplayed.) and the desired processing option. The processing date isthe date as of the changes become effective.

      Processing options

      • Process Life Event

      • Select this option if you want to process the life event stored ininfotype LTI Grant (0761) according to your customizingsettings. For each each life event, you can determine how forfeiting andvesting is handled.
        • Cancel All

        • Select this option if you want to cancel all awards. LTI plancancellations are usually performed by the compensation specialist when:
          New options are issued or exchanged.
          A company undergoes a merger or makes an acquisition. In this case theoptions of the target company are cancelled and replaced with theoptions of other LTI plans issued by the successor company.
          • Cancel Unvested

          • Select this option if you want to cancel all unvested awards.
            • Vest Pct. of Granted

            • Select this option and enter a percentage if you want to vest apercentage of the granted awards.
              • Vest Pct. of Unvested

              • Select this option and enter a percentage if you want to vest apercentage of the unvested awards.
                • Override Vest. Rule

                • Select this option if you want to use vesting rule other than the oneyou have specified in infotype LTI Grant (0761).
                  Before updating the database, it is strongly recommended that you:
                  • Perform a test run to detect possible errors.

                  • Go through the error log and correct the errors.
                  • Output
                    The report processes the LTI plan for the selected personnel numbers asfollows:

                    • Process Life Event

                    • The awards are processed on the basis of the life event you have definedin your customizing settings. The existing record is delimited on theprocessing date and the value of the field Granted Awards fieldis copied to the Add. Vested Awards field of the newly createdrecord.
                      • Cancel All

                      • The existing record is delimited on the processing date and the value ofthe field Granted Awards is copied to the field ForfeitedAwards of the newly created record; the number of unvested awards isfilled in the Forfeited Awards field.
                        • Cancel Unvested

                        • The existing record is delimited on the processing date and the numberof unvested awards is filled in the Forfeited Awards field.
                          • Vest Pct. of Granted

                          • The existing record is delimited on the processing date and the value ofthe field Additionally Vested Awards of the newly created recordis updated according to the specified percentage.
                            • Vest Pct. of Unvested

                            • The existing record is delimited on the processing date and the value ofthe field Additionally Vested Awards of the newly created recordis updated according to the specified percentage.
                              • Override Vest. Rule

                              • The awards are processed on the basis of the new vesting rule; thevesting rule you have specified in infotype LTI Grant (0761
                                ) is not taken into account. The existing record is delimited on theprocessing date and the value of the field Vesting Rule of thenewly created record is updated accordingly.