Recording an authorised incentive pool from which equity awards can be drawn from.
The incentive pool allows you to keep track of what is authorised in the pool to grant.
- Add an authorisation
- Decrease the pool size
- Incentive pool overview by authorisation
- Incentive pool overview by plan
Add an Authorisation
n.b. You can find a step by step interactive product demo tour here. |
1. Navigate to Equity awards > Incentive pool.
2. Click Add Authorisation.
3. Choose whether the authorisation is unrestricted (contribute to the general pool) or restricted to a plan that uses plan specific authorisations. You should select unrestricted if your plans don't have plan-specific authorisations.
4. Add the plan details.
- Name - The name you want to give this particular authorisation e.g. Employee Option Pool.
- Authorised - The date the incentive pool was approved.
- Shares Authorised - The number of shares you have set aside and authorised for the incentive pool.
- Note - You can enter notes about this incentive pool.
- Documents - You can upload any documents related to the incentive pool.
5. Click Save as draft or Publish.
Decrease the Pool Size
If you need to decrease the number of options available in your incentive pool, you can do so by adding a new authorisation with a negative number equivalent to the amount you want to deflate the pool.
Incentive Pool Overview by Authorisation
The authorisation will appear on the 'Incentive Pool' page and you will be able to see the breakdown of the pool by authorisation.
- Outstanding - Equity that is granted and either vesting or vested.
- Exercised - Equity that has been exercised.
- Available - Equity left in your incentive pool that is available to be granted.
- Authorised - The sum of authorisations added to the pool.
Incentive Pool Overview by Plan
The Plan breakdown tab will provide you with the incentive pool details by plan, including:
- Authorised
- Outstanding
- Vested
- Available
- Exercised