Exercising your vested options is an important part of managing your equity. Follow this step-by-step guide to set up the flow.

1. Go to the Incentive Plans tab from the main menu on the left and click Exercise Requests.
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2. Click "Set Up now" on the upper right corner of the screen
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3. Select your company Approvers. These individuals are authorized to approve exercise requests
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4. Enter your bank account information to specify where payment transfers will be sent.
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5. Generate the Exercise Notice template provided by Cake. If you want to edit/customize the Notice, go to the Documents --> Templates look for the Exercise Notice document, and edit

Once your setup is complete, all exercise requests will be tracked on the Exercise Requests screen. You can review the status of your options and take any necessary actions as needed.