Cyndx

Once options have been issued, they will appear on your cap table as well as listed under the Issued Securities tab. From this view, a number of secondary actions can be performed, including the option to terminate options.

<a href="#h_d017a6070b">How to terminate an option</a>

<a href="#h_4ec1b3f2a7">Show me a terminate options example</a>

Sign in to Cyndx and go to the <a href="https://app.cyndx.com/owner" rel="nofollow noopener noreferrer" target="_blank">Owner</a> tab

On the left-hand navigation bar, click the Securities drop down

From the drop down menu, click on <a href="https://app.cyndx.com/owner/issued-securities/options" rel="nofollow noopener noreferrer" target="_blank">Issued Securities</a>

On the Issued Securities page, go to the Options tab

Click the Actions menu (arrow icon) to the right of the option you would like to terminate

Select the option to terminate that option

1. Sign in to Cyndx and go to the <a href="https://app.cyndx.com/owner" rel="nofollow noopener noreferrer" target="_blank">Owner</a> tab
2. On the left-hand navigation bar, click the Securities drop down
3. From the drop down menu, click on <a href="https://app.cyndx.com/owner/issued-securities/options" rel="nofollow noopener noreferrer" target="_blank">Issued Securities</a>
4. On the Issued Securities page, go to the Options tab
5. Click the Actions menu (arrow icon) to the right of the option you would like to terminate
6. Select the option to terminate that option

See also: After I manage issued securities, <a href="https://help.app.cyndx.com/en/articles/5545100-how-to-add-a-new-scenario">How do I run scenario modeling &amp; waterfall analysis?</a>

Related articles: How to <a href="https://help.app.cyndx.com/en/articles/5564589-how-to-exercise-options">exercise</a>, <a href="https://help.app.cyndx.com/en/articles/5564560-how-to-modify-options">modify</a>, <a href="https://help.app.cyndx.com/en/articles/5564599-how-to-cancel-options">cancel</a>, and <a href="https://help.app.cyndx.com/en/articles/5569057-how-do-i-delete-issued-options">delete</a> issued options

Read more on <a href="https://help.app.cyndx.com/en/articles/5544363-cap-table-glossary#h_3635865ae8" rel="nofollow noopener noreferrer" target="_blank">options</a> and <a href="https://help.app.cyndx.com/en/articles/5544363-cap-table-glossary#h_bf722131e8" rel="nofollow noopener noreferrer" target="_blank">equity incentive plans</a> in our Cap Table Glossary

Navigate to the Issued Securities page

Terminate Option

Example