Create a Milestone Vesting Schedule

Creating a milestone vesting schedule

Create a custom schedule and choose the milestone schedule type. Add tranches using the green plus. Give all of the tranches a name and number of shares or options to vest. The total must add up to 100% of the certificate or grant quantity.


Milestone Terms

Milestone terms can be included with a milestone vesting schedule if they are not on the form of option agreement. These can be accessed later in the vesting section of the option grant or certificate details.


Vesting milestones

Milestones can be vested by choosing 'Vest Milestones' from the drop-down menu for the appropriate certificate from the Securities ledger. Complete milestones by checking the box in the last column and adding a milestone completion date. 

Note: Completion dates must occur after the vesting start date.

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