This article covers how to record share grants manually on Capdesk
If you want to know how to bulk import share grants read here.
Before you can record share grants on Capdesk, you must do the following:
- Add the Share Grants module to your menu by selecting it from your “Settings and Add-ons” Page: Add Equity Modules to Capdesk
- Create the share class of the Share Grants on Capdesk:
- Create a Share Grant plan on Capdesk: Share Grant Plan
- Optionally you may want to create an Incentive Pool
With that completed, you can now go to your Share Grant section, found under Equity Awards from the left-hand menu, then selecting the green “Issue Grant” button and select "Register offline Issuance" as seen below.
"Register Offline Issuance" is to simply record a grant to a stakeholder on Capdesk, typically historical data. The "Issue Online" allows to execute the grant on Capdesk and allow for the grantholder to sign the agreement.
From here you will need to select a grantholder, this can either be someone who has already been registered on Capdesk, or you can add someone new.
To add someone new, you can select “Add New Shareholder instead” from the bottom right.
If you select this you will be brought to a page where you will need to enter the details of the new grantholder, primarily: Name and email address.
After this, or if you have selected an existing stakeholder, you will be brought to a page where you will need to input the details of the share grant.
There are definitions available for the variable inputs of a share grant by clicking the question mark next to the inputs.
The "Hurdle price" is the price per share which has to be reached for the share grant to gain value.
You can find more information on vesting schedules by following this link.
You can attach any related documents to the grant at the bottom, this must be done before going live as you cannot add documents to published data. A screenshot on where you can add a document is shown below.
After entering the Share Grant details you can either "Save Draft" or "Publish and Notify Grantholder" if you are live.
After you click "Save Draft" or "Publish and Notify Grantholder" you'll find the grant listed on the "Grants" tab from the "Share Grants" page as seen below.
Click the blue "View" button for information about the share grant.
If the share grant is still in "Draft", you'll be able to edit it by click on the three-dotted action button and clicking on "Edit".
You are also able to cancel a share grant by clicking on the three action button and "Register Offline Cancellation".
Once you are on this page you can enter details about the cancellation and then "Save Draft" or "Publish Cancellation".
If you need further assistance, you can reach out to us by submitting a support ticket here.