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 outline how to set up a vesting schedule in Cyndx Owner.
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 + Create Template button
Create Vesting Schedule
6. Name the Vesting Schedule and choose the appropriate vesting type
7. Fill in the required details
8. Click Create
Example
Create Vesting Schedule Template
See also: Once I've created a vesting schedule, how do I view my vesting schedule?, and how do I delete a vesting schedule?
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Read more about vesting schedules in our Cap Table Glossary