How do I exercise stock options. Philips Stock Option and Share Center

Transcription

1 How do I exercise stock options Philips Stock Option and Share Center

2 Step 1: login to your Computershare account via A: Single Sign On (SSO) go to the Philips portal and click on the LTI icon c Or, if you are not connected to the intranet B: URL go to the website Enter your Employee ID (the number next to your name in Workday) and PIN, then click on Login Step 2: Go to My Holdings c 2

3 Step 3: Click on the drop down arrow of the Stock Option Plan ORD/ADR line Step 4: Click on the button Transact 3

4 Step 5: Click on the button Exercise next to the stock option grant that you would like to exercise Step 6: Read and Accept the Share Plan Account Service Terms and Conditions.... 4

5 Step 7: Select the exercise type you wish to perform A: Sell All B: Hold All C: Sell to Cover Step 7A: Sell All a) Enter the number of stock options you wish to exercise b) Select on which bank account you would like to receive the exercise proceeds c) Select the type of order you wish to submit Market Order the shares will be sold at the prevailing market price Limit Order you need to enter a price, which is higher than the current market price. The sale order will be executed when the market price reaches the limit price. A limit order is valid for maximum 30 days a b c 5

6 Step 7A: Sell All (continued) d) Review your exercise estimate including your tax estimate e) Enter your PIN and click on the button Submit to place the order d 6 e

7 Step 7: Select the exercise type you wish to perform A: Sell All B: Hold All C: Sell to Cover Step 7B: Hold All a) Enter the number of stock options you wish to exercise b) Confirm you would like your shares delivered into your Share Plan Account (Shares Available for Sale on your account at Computershare) a b Step 7B: Hold All (continued) c) Read and Accept the Share Plan Account Service Terms and Conditions c 7

8 Step 7B: Hold All (continued) d) Review your exercise estimate including your tax estimate e) Enter your PIN and click on the button Submit to place the order d 8 e

9 Step 7: Select the exercise type you wish to perform A: Sell All B: Hold All C: Sell to Cover Step 7C: Sell to Cover a) Enter the number of stock options you wish to exercise b) Select on which bank account you would like to receive the exercise proceeds (residual cash on the sale of shares to cover option costs and tax) c) Confirm you would like your shares delivered into your Share Plan Account (Shares Available for Sale on your account at Computershare) a b c 9

10 Step 7C: Sell to Cover (continued) d) Read and Accept the Share Plan Account Service Terms and Conditions d 10

11 Step 7C: Sell to Cover (continued) e) Review your exercise estimate including your tax estimate f) Enter your PIN and click on the button Submit to place the order e 11 f

12 Final remarks Computershare will send you an confirming the receipt of the exercise instruction, as soon as the instruction has been submitted Sell All and Sell to Cover Another will be sent as soon as the order has been executed on the stock market A third is sent to you the day after the sale of the shares, to advise that the trade confirmation is available on your Computershare account under Correspondence Hold All Computershare will send you an with instructions of how to pay the Exercise Costs, i.e. the grant price, the tax and the transaction costs 12 5

13 Where to go if you need help You can contact Computershare by phone or via NOTE: the response time via is max. 5 business days, so if you need immediate assistance please use the call center EMEA Americas North America (Toll Free) Australia or Asia-Pacific The contact details are on the website, you can access them by clicking on Contact Us 13

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