Plans are at the heart of structuring equity compensation, including stock options, RSUs, RSAs, and other forms of equity awards. This page outlines the process for creating, customizing, and managing your company’s plans, ensuring they align with your strategic goals and comply with regulatory requirements.
A plan is the unit combining together all components related to equity compensations: users, pools, vesting schedule, contract & certificate templates.
Plan Workflow
Each plan has eligibility criteria for a user to initiate. When the criteria is fulfilled, individual plans for each eligible user are issued. The individual plans follow the rules defined as vesting schedule to starts issuing grants. Essentially a grant is distribution of asset classes, taken from the configured pool and given to the eligible user. The document templates take place to make the plan comply with regulatory requirements. Each individual user plan issues a contract based on the configured template. The contract when generated must be approved by your company’s authorized user and signed in the platform by the eligible user. Unapproved, unsigned or rejected contracts will not trigger grants. In order to make grants transparent, each grant must be approved by authorized user as well, to be visible by the eligible user.
- Plan Configuration
- User Plan contract signing process
- User Plan vesting process
Plans Management Page
Access the Plans Management Page:
- From the left side main navigation menu select Plans under the Management section
- The page contains table with grouped plans by automated or not automated and information about each plan:
- Name – plan name
- Pool – attached pool
- Enabled – only enabled plans vest grants
- Vesting Cliff
- Vesting Period
- Vesting Rate – more details about vesting: Glossary: Key Terms Explained
Plan View Page
Click on the plan name to access the plan view page. It contains information about:
- Plan Name
- Creation Date
- Enablement
- Pool details – asset class, asset class quantity, grant type
- Document templates – contract & certificate
- Automation rules – if configured
- Active (Issued) User Plans – individual user plans issued for an eligible user
- Eligible Users – eligible user which do not have issued individual user plans
❗Automated plans will issue automatically individual user plans. If the plan is non-automated, an authorized user must issue them manually from the Eligible Users table by clicking 
button. Manual triggering requires to fill some details like the total quantity that will be vested.
Creating New Plan
- Click Create Plan
- Fill the details about the plan you want to add
- Name
- Select Pool – the pool configuration will be used to determine the asset class and grant type
- Select Vesting Schedule – Equitshare provides by default few options for vesting schedule; however you can create custom one by selecting custom and filling the details:
- Cliff Period – no vesting
- Vesting Period – period after cliff
- Vesting Rate – rate, e.g., monthly, quarterly, annually
- Vested Quantity Per Grant – can be gradual (equal amounts) or back-weighted (increasing amount on each subsequent grant)
- Select Contract Template – more details about the templates: Manage Document Templates
- Select Certificate Template – a certificate is issued based on the template and sent to the user on each grant
- Select automated or non-automated. If automated is selected, fill the automation rules:
- Start execution date – start checking the eligibility criteria base on the plan creation date or user active date
- Grant quantity – total quantity that will be granted on the end of the vesting period
- Submit form
Updating Plan
Plans are immutable. If you need to make changes, disable the existing plan, you want to change and create a new one with the updated configuration. Updates are not possible due to implications which may occur with the contracts and vesting schedules for the existing eligible users.
Deleting Plan
From the actions column, select 
– delete.
❗Deleting plan may not be possible if it’s in use already as part of the equity management. In that case, consider disabling it and creating a new one.
