How to Delete an Equity Award in Qapita

How to Delete an Equity Award in Qapita

This comprehensive guide is designed to assist Qapita clients in navigating the process of deleting an equity award. Whether you need to rectify an error, cancel a pending grant, or simply remove an outdated award, these clear, step-by-step instructions will ensure a smooth and secure deletion process. It is crucial to follow each step carefully to prevent unintended actions and maintain the integrity of your equity management records. Please proceed with caution, as deleting an award is a permanent action.

Steps to Delete an Equity Award

1. Access the Grants Page

Begin by logging into your Qapita account. On the left-hand side menu, locate and click on the "Equity awards" option. This action will redirect you to the main grants page, which serves as the central hub for managing all equity-related activities and where you can view a comprehensive list of all issued awards.

2.Navigate to the Specific Stakeholder

Once on the grants page, you will need to identify the specific stakeholder associated with the award you wish to delete. You can typically use the search bar or filters provided on the page to quickly locate the relevant individual or entity. Carefully review the list to ensure you select the correct stakeholder to avoid any accidental deletions of other awards.

3. Locate and Click the Options Menu (Three Dots)

After successfully navigating to the stakeholder's profile or the specific award's row, look for a set of three vertical dots (often referred to as an "ellipsis icon"). This icon is usually located at the end of the award's row or within a detailed view of the award. Clicking on these three dots will reveal a dropdown menu containing various actions applicable to that specific equity award.

4.Select "Delete Grant" from the Dropdown

From the dropdown menu that appears after clicking the three dots, carefully navigate through the options. You will find an option labeled "Delete Grant." Click on this option. This action initiates the deletion process and will prompt you for further confirmation to ensure the action is intentional.

5.Confirm Deletion Pop-up Displayed

Upon selecting "Delete Grant," a "Confirm Delete" pop-up window will appear on your screen. This pop-up serves as a critical safety measure, reminding you that you are about to perform a permanent action. It typically displays a warning message and asks for your explicit confirmation before proceeding with the deletion. Read the message carefully to understand the implications.

6.Type "Delete" and Final Confirmation

To finalize the deletion of the selected award, the "Confirm Delete" pop-up will often require you to type the word "Delete" into a designated text field. This is an essential security step designed to prevent accidental deletions. Ensure you type "Delete" exactly as prompted, paying attention to case sensitivity if applicable. After typing the word, click on the "Delete" button within the pop-up to successfully and irrevocably remove the selected equity award from your Qapita records.