Employees do not always stay for the full vesting schedule of their options. Vesting pauses are available on Ledgy to keep track of instances when employees go on temporary leave.
If employees are leaving temporarily (for example, parental leave), Ledgy allows pausing the vesting schedule.
In the Equity Plans > Grants page, search for the grant you want to pause and open the Edit modal (look up the employee in the search bar, click to see their options, and then click on the three dots on the right-hand side to Edit the grant). Within the Vesting section, between the Vesting information and the graph, you'll see a "Pause vesting" subsection.
If you open it, you'll be able to insert the start and end date of the pause, and the new updated graph taking into account the pause.
Note: you can add more than one vesting pause if needed by clicking on Add Pause in the bottom right corner under the first vesting pause
Note: if you don't have an exact end date yet, it is best to add an approximate one for the time being, which can be edited later on if needed. |
If you have other specific requirements in terms of breaks in the vesting schedule, you can also use our Custom vesting feature.
Go to the Equity Plans > Grants page, and when editing the grant, you will be able to edit the vesting schedule. Click on Type and select Time (custom).
You can insert the vesting pause as a 0% period for a number of months so that the custom vesting schedule and graph would look something like this:
