Preview and editing of vesting schedules on share transactions
What's new?
Company administrators now have the ability to preview and edit vesting schedules when applying vesting to a share transaction.
How does it work?
To apply a vesting schedule to a share transaction, go to the 3-dot menu on the transaction record and select ‘Apply Vesting’. When the pop-up window appears enter your ‘Vesting Schedule’ and ‘Vesting Start date’. When these have been populated the vesting schedule preview will appear.
To edit the ‘Quantity’ or ‘Vesting Date’ select ‘Edit Tranches’. When you have completed the edits, select ‘Confirm’ to save any changes that were made.
Select ‘Submit' and the vesting schedule will be applied to the share transaction. The details of the vesting schedule will be shown on the details screen of the share transaction record.
Why is it important and how am I affected?
Allowing company administrators to preview and edit tranches on vesting schedules ensures vesting schedules are accurately represented on the platform.