Using Eqvista is as easy and the same goes for creating a milestone-based vesting plan. To help you understand how easy it is, below are the steps to create a milestone-based vesting plan.

Step 1: Log into your Eqvista account and choose the company account you want to make the plan. 

Eqvista login

From the Dashboard, click on “Cap table” from the left-hand side of the panel, and select the option “Vesting and plans” to be directed to the next page, as below.

vesting and plans

Step 2: When you reach this page, you can see all the vesting plans that have been created. 

In case your company doesn’t have any vesting plan, you will see the message saying “There are no vesting plans created” and an option “Create Vesting Plan” below it.

Note: You can create your vesting plan or choose from six default plans. To know more about vesting plans, check out the support article here!

There are already many vesting plans in this example, so you can click on the button that says, “New Vesting Plan” option on the upper right-hand side of the page.

new vesting plan

Step 3: You will then be on the next page which would look like the one shared below.

Here, you will first have to select the vesting type. Click on the field beside the option and in the drop-down list, select “Advanced: Milestones”

Note: The milestone vesting plan is the one where the person can earn the options or shares after the set milestone has been achieved. 

milestone vesting plan

Step 4: As soon as you select this, a drop-down window will appear where you can then fill in the details for the plan. 


Begin by adding the name of the plan and then fill in the other details such as the first milestone title and the percentage of shares that will be offered once the milestone has been achieved. You can add as many milestones as you want

Here, we added 3 milestones. To add more milestones, click on the “+” sign on the left side below it. You can also remove a milestone that you added by mistake by clicking on the “-” sign

The percentage here is the percentage of the shares that will be vested once the milestone has been fulfilled.  Just make sure that the total percentage of the shares that would be given out is equal to 100%. You will see a message that says “Total percent: 100%” at the bottom of the page

Note: Ensure that the total of all the percentages reaches 100% as it cannot be more than that, as it defines the number of shares that will be given. 

adjust percentage

This means that you will have to adjust the percentage here to make it equal to 100%. Once you have reached 100% for the plan, you will also notice that the “Submit” button can now be clicked. 

Once you have added all the milestones you want to be added to the plan, click on “Submit”

Step 5: You will then be redirected to the page where you can see all the vesting plans you have along with the plan that you just created. 

view plan

You can check the details of the plan you just created by clicking on “View Plan”.

vesting plan details

Note: Once the milestone has been completed by the shareholder, it can be marked complete. To know more about completing milestones, check out our support article here!

Step 6: Now, you can add a vesting schedule while issuing shares, options, and warrants. Check out the respective support articles to learn about this.

add vesting schedule

Note: If you have issued equities, you need to choose Restrictions – No restrictions, Restricted Stock Units, Restricted Stock Awards, and Phantom Stock. In case of options, you can enable Early Exercise option. Check out the respective support articles to learn about this. 

Step 7: When you click “View Plan” on the Vesting and plans page under Cap Table, you will see all the grants that are vested under the plan based on the type of security – Equity Grants, Warrant Grants, and Option Grants. Then, click on “Option Grants” to see the details of the grant vested under this plan.

option grants

Step 8: To see the vesting schedule of the plan, click on the grant name “OP1-003” and you will be redirected to the grant details page with the vesting schedule.

grant details
vesting schedule

Just like this, you can easily create a milestone vesting plan. To know more about how to use Eqvista, check out the various support articles here!

Interested in issuing & managing shares?

If you want to start issuing and managing shares, Try out our Eqvista App, it is free and all online!