EquityList Product Updates

Upgraded board consents for equity grants

With the updated board approval features, admins can now seek Board Consents directly while issuing equity grants to stakeholders.

What’s new?

1. Pool-based filtering: In the Equity Awards > Grants page, admins now have access to grant filters making it easier to locate ‘draft’ grants when sending board consent requests.
   
2. Swift board approval process: Admins can bulk-create board consent requests by selecting grants, specifying board members for approval, and choosing the board meeting date and time.
   
3. Automated email notifications: When a board consent request is initiated, invited board members receive an email with a direct link to review and sign the consent. Upon signing, automated emails notify all involved parties, confirming that the board consent has been approved.
   
4. Auto-filled board approval dates: Once the board consent has been successfully executed, the board authorized dates will automatically be linked to the respective equity grants.
   
5. Employee counter-signature: For grants configured to require employee acknowledgment, employees receive a notification to sign the finalized grant letter once board approval is complete.
   
6. Real-time status tracking: The Legal > Board Consents page displays real-time signing statuses, showing the number of board members who have signed.