Manage vesting and option lifecycle events

Establish the current position

Open the offer or participant and review the start date, cliff, schedule, offered quantity, vested amount, exercised amount, goals, pauses, and prior events. The next action must be based on the participant’s current state, not only on the original schedule.

Supported lifecycle actions

• Assess goal — record whether a defined goal-based condition has been met for the relevant period or vesting event.
• Pause — stop eligible vesting from the effective date under the supported plan behavior. Reversible: use the same action to resume, which shifts the remaining schedule forward by the paused duration.
• Accelerate — increase vesting according to an approved acceleration event and effective date.
• Transfer — move an eligible offer relationship to the correct participant using the supported workflow.
• End — record termination and its treatment of vested and unvested quantities. Permanent: there is no action to reopen an ended option.
• Exercise — record action on an eligible vested quantity under the applicable economic terms. Permanent: exercising creates the resulting cash and share ledger entries immediately, with no undo action.

Record an event

1. Select the participant and confirm the active offer.
2. Choose the event supported by the current state.
3. Enter the effective date and affected quantity or status from the approved evidence.
4. Review the preview for vested, unvested, exercised, and remaining quantities.
5. Confirm, then reopen the participant and verify the event history and pool totals.

Exercise and resulting equity

An exercise must not exceed the eligible vested and unexercised quantity. Verify the price, premium, payment or approval evidence, effective date, and resulting share or reserve representation. Reconcile the result with the cap table and issuance history.