Accelerating a Vesting Schedule

Accelerate a Vesting Schedule

As an incentive, a company may decide to speed up the vesting schedule to allow an employee to get faster access to company stock options. Since the date of vesting is advanced, employees receive monetary benefit from options sooner.

To accelerate a vesting schedule:

1. Click Equity Awards in the left menu, select Grants.
2. Select the stakeholder or search for the stakeholder.
3. Click the menu and select Accelerate Vesting.

4. In the displayed dialog box, the grant details are displayed. 

5. To change the vesting date, select the Date of Accelerate of Vesting.

 6. Also provide the new vesting date.

6. If you want to allow all units to be vested, click Yes in Vest all Units. 

7. Alternatively, you can enter the number of Units to be Vested under the Vesting Details table.

8. Type any relevant Comments for the accelerated vesting.

9. Add Supporting Documents by dragging and dropping the file or click Choose files to add any relevant contract or documents.

10. Click Save Accelerate Vesting to complete the process.