SAP ABAP IMG Activity HR_ECM_00_LT_012 (Set Default Values for Life Events)
Hierarchy
☛ EA-HRGXX (Software Component) Sub component EA-HRGXX of EA-HR
   ⤷ PA-EC-LT (Application Component) Long-Term Incentives
     ⤷ PAOC_ECM_LTI_BL (Package) Long Term Incentive Plans - Business Logic
IMG Activity
ID HR_ECM_00_LT_012 Set Default Values for Life Events  
Transaction Code S_ALN_01001534   (empty) 
Created on 20030220    
Customizing Attributes HR_ECM_00_LT_1_2   LTI - Mandatory - Not Critical 
Customizing Activity HR_ECM_00_LT_012   View V_T71LTI12 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name HR_ECM_00_LT_012    

In this step, you define rules for handling vesting and forfeiture following a life event. Life events are either used to provide default values for infotype LTI Grant (0761) or evaluated by report Process Event for LTI Plan Grants.

Example

Awards may forfeit immediately when an employee leaves the company or when the company decides to cancel an entire LTI plan.

Requirements

You must have performed the activity Define Life Events.

Standard settings

The following options are available:

  • All remaining awards forfeit
    The system calculates the difference between granted and exercised awards and the result of the operation is forfeited.
  • All remaining unvested awards forfeit
    The system calculates the difference between granted and vested awards and the result of the operation is forfeited.
  • All remaining unvested awards vest immediately
    The remaining unvested awards vest.

Recommendation

Activities

  1. Click New entries.
  2. Select the relevant LTI plan and life event.
  3. Delimit the period.
  4. Specify a period (for example, 4 months) to determine the new expiry date.
  5. Set the Reduce Term Only indicator to prevent the new term end date due to a life event from occurring later than the original term end date.
  6. Select the relevant vesting and forfeiting method.
  7. Save your entries.
  8. Repeat the previously mentioned steps for any further rules.

Further notes

Business Attributes
ASAP Roadmap ID 203   Establish Master Data 
Mandatory / Optional 1   Mandatory activity 
Critical / Non-Critical 2   Non-critical 
Country-Dependency A   Valid for all countries 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_T71LTI12 V - View SM30  
History
Last changed by/on SAP  20030220 
SAP Release Created in 200