In the case of stock option plans
Three or four business days after the trade is executed, the remaining balance (net of commissions, funds owed to the award issuing company, and any fees or withholdings) will be forwarded to the plan participant as per the instructions provided during the online transaction process.
If you choose to have the proceeds transferred directly to your bank account, the funds will be transferred into the bank account listed in your Solium account. If you choose to have the funds mailed, this will occur three or four days after the trade is completed. When determining when your funds will be received, please consider the processing time of your bank and/or postal service.
In the case of share purchase plans
Three or four business days after the trade is executed, the remaining balance (net of commissions and any fees or withholdings) will be forwarded to the plan participant as per the instructions provided during the online transaction process.
If you choose to have the proceeds transferred directly to your bank account, the funds will be transferred into the bank account listed in your Solium account. If you choose to have the funds mailed, this will occur three or four days after the trade is completed. When determining when your funds will be received, please consider the processing time of your bank and/or postal service.