Vesting refers to earning of share-based compensation over time by employees or service providers. Shares or options promised to employees are typically not given out immediately but instead are earned over a period of time or based on performance objectives, much like cash compensation. The steps below detail how to delete an existing vesting schedule if you need to for any reason.
Navigate to the Vesting Schedules page
Sign in to Cyndx and go to the Owner tab
On the left-hand navigation bar, click the Securities drop down
From the Securities drop down, click the Manage drop down menu
From the Manage drop down menu, click on Vesting Schedules
On the Manage Vesting Schedule Templates page, click the delete button (trash icon) to the right of the appropriate vesting schedule
6. You will be asked "Are you sure you want to delete this vesting schedule?'
Select yes to confirm
Example
Delete Vesting Schedule
Read more about vesting schedules in our Cap Table Glossary