We at Eqvista are always looking for new ways to help solve our clients’ problems in managing their company stock, common equity, cap tables, and company filings. One such problem our clients encounter is the large number of option grants they need to issue and keep track of.
With our new Spreadsheet feature, Eqvista users can now manage their company stocks and grants using similar functions to Excel spreadsheets. This is perfect for people who are used to traditional ways of managing stocks and grants. The feature allows you to easily add, edit and delete multiple rows and columns of information, and view the information in a table format.
Please note: the Spreadsheet feature is only available to Premium account holders. Please upgrade your account if you want to unlock this feature.
Here is a step-by-step guide to viewing the table for option grants under Spreadsheet View.
Step 1: Login to your Eqvista account and select your company profile to reach the dashboard. Then, click on “Cap Table” from the left side menu.
Step 2: Next, click on “Spreadsheet” and a page will open for you as shown below. Under “Select Table Type” on the right hand side, select “Option grants”.
Note: Before you can issue grants, you must first create the option grant first. To learn how to do this, please see our support page on setting up and modifying grants.
Step 3: Under the “Manage Company Option Grants” page, you can perform various spreadsheet functions like creating, editing or deleting existing and new shareholders (just like how you would in Excel). You can add a new shareholder, equity class, grant name, share amount, share price, and other vesting details. After you have added or edited the details, click on the “Check before save” button.
Note: Option grants are manageable only under existing option classes. In order to add grants with non existing shareholders, you would need to switch to the “Shareholder” table and add new ones then press the “Save” button.
Step 4: A data validation message will appear. This can either mean the data you have entered have no issues or there are some details missing or are incorrect. After checking, you can proceed to saving the information by clicking on the “Save” button. Refer to the image below:
Step 5: After data processing, the shareholder details will be added to the spreadsheet under the “option grants” table as shown below.
In this way, you can perform functions like “edit” and “delete” in the spreadsheet under the “option grants” table. To know more about other features of Eqvista and understand how other tables under the Spreadsheet feature work, check out our other support articles here.