
Equity Awards > Lapsed Grants > Expiring/Lapsing
The Lapsed Grants section now has two separate tabs: Expiring (grants whose scheme-defined validity period has ended) and Lapsing (grants from terminated employees whose post-termination exercise period has elapsed).
Previously, Expired and Lapsed were grouped into a single view. Separating them makes it easier to understand why a grant is no longer exercisable and take the appropriate action.
Companies can choose to automatically transition grants when the applicable criteria are met, or disable auto-transition in Settings and review each status change manually.