In the case that your employee shares are implemented as options or phantom options, define a pool of approved capital first. Click the Add pool to create an options or phantom pool of a given share class and a fixed size. Then issue options, phantom options or shares from the approved capital and see key metrics of the pool like the amount still available.
You can create a simple or custom vesting schedule, define over how many months the shares are to be vested, whether there’s a cliff, and how often a new batch of shares gets assigned to the employee.
As soon as you enter the first numbers, you will see a visual representation of the current schedule.
When it’s time to exercise option grants, Ledgy calculates for you the amount that is already vested at a given date and lets you exercise parts or the full option grant.
Did an employee leave the company? Ledgy supports terminating part or the whole option grant.
Filter the transactions by an employee to see all their transactions (option grant, terminations, and exercises) at a glance.
To get an overall view of the situation, check out yur Cap Table page and select the fully diluted detailed view to see your pools and employee incentives. You can choose to view your diluted cap table with all options aggregated in their pool, or distributed to each person.