Beneficiary - Select your employee/beneficiary from the list of stakeholders (you can also create a new stakeholder to be awarded the grant directly from here)

Grant from - Select from which Option Pool you'd like to grant the beneficiary his/hers options

Grant amount - The total number of Options to be granted to the beneficiary

Grant date - The starting date of the Grant contract

Strike price -the price the beneficiary can pay for an Option exercise his/her right to turn that Option into a share

Vesting type - can be either Time based (and a vesting schedule must be selected) or Immediately vest (this means the options will be immediately vested to the beneficiary, without requiring time to have passed) or can be Performance Based which means that grantees will need to accomplish different milestones before having their options vest.

Duration - the total amount of time expressed in months after which the beneficiary will have vested his/her total amount of Options

Vest every - The frequency at which a portion of the equity grant becomes available for the beneficiary to exercise (if 1 MONTH selected, that means every month an amount of Options will vest).

Rounding - up / down - since options are 1:1 shares, and there can’t be a fractional amount of shares, neither can options. So in case a natural number of shares can’t be issued each month, you need to take a decision whether you should round up or down when doing this calculation (it’s better for your employee if you choose to round up, since s/he will get more options up front)

Cliff - A cliff period is a duration at the beginning of an employee's vesting schedule during which they do not receive any equity. After the cliff period ends, the employee is eligible to receive a portion of their equity grant.

Exercise period - The period of time during which an employee can exercise their vested options. Once the exercise period expires, the option can no longer be exercised.

Accelerated vesting - Toggle ON to allow employees to gain full ownership of equity compensation earlier than scheduled in case of a specific event like a merger, acquisition or retirement.

MILESTONE description - what is the objective the user must reach in order to have his options vested

Target date - the date before which the grantee must accomplish the milestone in order for the options to be vested

Admins can add up to 5 milestones for each grant, each with their own description and target date

Option holder - shareholder/employee who owns the grant

Pool name - from which option pool the options to be awarded to the option holder come from

Grant # - number of the grant the shareholder received

Date - Date when the option contract starts

Vesting schedule - ex 24/1/6 - 24 - total duration / 1 - vesting period (every 1 month) / 6 - cliff period (6 month cliff)‍

Granted - total options to be awarded by the grant

Vested - Number of Options that have vested till today based on the vesting schedule‍‍

‍Outstanding -Gives you the number of Options that are still held as Grants (Outstanding = granted - exercised - terminated - expired)‍

Exercisable - Number of Options that are still left to be exercised (auto calculated: Exercisable = Vested - exercised - settled - terminated - expired


Exercised -sum of grants exercised
 by beneficiary‍

Settled - sum of beneficiary's grants settled in cash
 and not shares if any‍

Terminated - sum of beneficiary's terminated grants if any


Expired (auto calculated) based on expiration period of grant (defined when creating the grant)

After issuing a grant to your employee, s/he will be able to view it from their dashboard and have a better understanding of the value of their options and when they will vest