Ledgy

What is the difference between pools and plans and how to use each one?

Equity plans: Pools vs Plans

Support

Set up pools, grants with automated vesting, and more

Equity plans

You can allocate shares for your employee participation plans by creating a Pool in the "Pools & Plans" section

Creating a pool

Pools can change over time, and more shares might need to be allocated as the company grows. Ledgy supports increases in pool size.

Increasing a pool's size

Pools can change over time, and you want fewer shares as the company develops. Ledgy supports decreases in pool size.

Decreasing a pool's size

This article explains how to exclude a pool of shares from the cap table and, thus, from the company valuation.

How to exclude pools?

Ledgy supports the creation of pools from multiple stakeholders' shares.

Creating a pool from multiple stakeholders’ shares

Delete a pool

Pools

From a selected pool, you can create one or more plans to differentiate grant types, define grant presets per plan, among others.

Creating a plan

You can create presets for parameters that are repeated across the grants in one plan.

Adding Grant Presets to your Plans

Add document templates as an extension to adding grant presets per plan

Adding Document Templates to your Plans

The EMI scheme is one of the four HMRC approved share option schemes available in the UK

🇬🇧 The EMI scheme in the UK

Plans

Ledgy allows you to grant different subtypes of equity to your employees.

Grant types

Learn how to set up a vesting schedule and the different vesting types

Setting up a vesting schedule and the different vesting types

Once you have created a pool and a plan, you can grant options from it.

Granting options

Once you have created a pool and a plan, you can grant Warrants from it.

Granting warrants

Once you have created a pool and a plan, you can grant phantom shares from it.

Granting phantom shares

This article explains how to create a share class for Hurdle Shares and how to then issue Hurdle Shares to stakeholders

Granting hurdle shares

How do I cash settle a grant (Option, Phantom, etc) issued to an employee?

Vesting rounding is available to add granularity to the vesting process.

Adding vesting rounding

Employees do not always stay for the entire vesting schedule of their options. Keep track of instances when employees go on temporary leave.

How to pause vesting when an employee takes a temporary leave (e.g. parental leave)?

Employees do not always stay for the entire vesting schedule of their grants. Keep track of their vested grants at their departure

How do I account for a terminated employee/leaver?

Grants

You may want to grant the opportunity for your stakeholders to exercise their options.

How do I open an exercise window for stakeholders?

You can exercise an employee's options on Ledgy.

How to exercise options?

You can open an exercising window, and eligible stakeholders can express their intent. You receive their requests and can approve them.