We're excited to roll out a couple of important changes that make it easier to set up and terminate stock grants.
Firstly, it's now a smoother process to assign a new grant to the right plan. When adding a grant, you can now select which stock plan it'll come from straight away using the 'From plan' dropdown (see below):
You can also terminate stock grants right from the 'Grants' dashboard, as you can see with Rosalind's EMI grants below:
These terminations are also reflected on the employee dashboard, so admins and employees see exactly the same equity data at all times.
For those of you managing option expensing on Ledgy, please note that it is no longer located in the 'Equity Plans' section of your Ledgy app. Option expensing's new home is in a more fitting neighborhood, specifically the 'Reports' tab of your 'Documents' section. 🏠
It still has everything you need to manage option expensing in a smooth and compliant way: we support both Monte Carlo simulations and Black-Scholes modeling, give you expected expenses per grant and stakeholder, and lots more.