Support for Options & Restricted Stock to be granted from a single equity plan
🎉Whats New
We have released a new version to support Options & Restricted Stock to be granted from a single equity plan. Companies can now grant stock options (ISOs/NSOs) and restricted stock (RSAs or RSUs) from a single equity plan. There is no longer a requirement to create separate plans for each of these equity types.
The pools structure has been removed and its no longer required to create a pool before creating an equity plan. Plans are associated directly with Share Classes
When adding a new plan, simply select the plan type 'Options & Restricted Stock'
If you have an existing options, RSA or RSU plan, they have also been updated so you can start using these existing plans for other equity grant types
💡 Why is this important
Simplified plan management - one plan, several equity types
Much easier to track and reconcile multiple grant types from one plan balance