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How do I terminate a grant?
How do I terminate a grant?
Updated this week

You can terminate the Grant via the Stakeholders page:

  • navigate to the ‘Stakeholders’ section in the menu on the left

  • find the Stakeholder you’d like to make changes to via the filtering section on the top left corner

  • get into the Stakeholder page, scroll down to the grants, and open the needed grant

  • press 'More' in the right corner of the page and then 'Terminate Grant'

Another option – via ‘Grants’ section:

  • navigate to the ‘Grants’ section in the 'Securities' block in the menu on the left

  • find needed Grant via the filtering section on the top left corner

  • press three dots on the right side next to the grant description

  • choose 'Terminate Grant', add necessary information and then confirm it.

❗️ Please, note:

By terminating the Grant:

  • The vesting of options will be stopped

  • In the case of a Good Leaver, all vested options remain with the Stakeholder, and all unvested options will be returned to the share pool

  • In the case of a Bad Leaver, all options (both vested and unvested) will be returned to the share pool

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