What's new?

A new self-service workflow that allows company administrators to manage equity plan pour overs directly within the platform. 

A pour over allows available shares from a prior equity plan to be moved into a new plan. This new feature provides a guided flow for admins to initiate, review, and execute the transfer of shares between plans without needing to contact support.

In order to create a pour over admins will navigate to Manage Equity > Equity Plans, where they will find a new Create pour over button. You need to have to active plans in order to be able to perform the action.

After clicking Create pour over, a modal will open explaining more about the tool and provides tips, such as to perform the pour over in sandbox first. This is as a great way to model the changes before doing it in the live account.

After clicking Let's get started, enter the pour over details. Awards issued and plan amendments after the pour over effective date should be zero for the pour over to be executed. Click Next: Review and confirm to move forward.

Review all the pour over details and click Confirm pour over to execute the action.

Who is this available for?

This feature is available to all Cap table clients. Users will need full access permission to perform these actions.

This support article offers a comprehensive step by step process of the workflow as well as frequently asked questions about the feature.