Make changes to an Option Grant

If the data that was originally entered for a grant is incorrect and needs to be adjusted within your Option Plan you can edit or make changes to the Grant in Diligent Equity.

1. Go to the Securities section in the navigation sidebar and select Options.

2. Go to the search bar and enter the Optionee's name.

3. Select the more options icon next to their name, or select their name, to open the edit wizard.

4. Select the Grant tab.

5. Scroll down to the Board Approval section. Uncheck Approved by the Board.

6. Edit any details about the originally entered grant - this included the grant amount, start vesting date, vesting schedule, tax plan, etc.

   Note

   To change the Vesting Schedule, select Show Details. You can then change the vesting description by entering new values into each field. If you would like to create a new Vesting Schedule Template within your Option Plan Settings review Create and manage vesting schedule templates.

7. After the Grant Details have been updated recheck the Approved by the Board box. The Grant Date, Exercise Price, and Expiration Date will repopulate, however, you can change these details if needed.

8. Select Close to exit the Grant window and select Save a Record to save all changes to the cap table.