StockPlanPoolAdjustment

Object - Stock Plan Pool Adjustment Transaction#

https://schema.opencaptablecoalition.com/v/1.2.0/objects/transactions/adjustment/StockPlanPoolAdjustment.schema.json

Description: Object describing the change in the size of a Stock Plan pool.

Data Type: OCF Object - TX_STOCK_PLAN_POOL_ADJUSTMENT

Composed From:

Properties:

Property	Type	Description	Required
id	`STRING`	Identifier for the object	`REQUIRED`
comments	[`STRING`]	Unstructured text comments related to and stored for the object	-
object_type	Constant: `TX_STOCK_PLAN_POOL_ADJUSTMENT` Defined in schema/enums/ObjectType	Object type field	`REQUIRED`
date	schema/types/Date	Date on which the transaction occurred	`REQUIRED`
stock_plan_id	`STRING`	Identifier of the Stock Plan object, a subject of this transaction	`REQUIRED`
board_approval_date	schema/types/Date	Date on which board approved the change to the plan.	-
stockholder_approval_date	schema/types/Date	This optional field tracks when the stockholders approved this change to the stock plan. This is intended for use by US companies that want to issue Incentive Stock Options (ISOs), as the issuing StockPlan must receive shareholder approval within a specified time frame in order to issue valid ISOs.	-
shares_reserved	schema/types/Numeric	The number of shares reserved in the pool for this stock plan by the Board or equivalent body as of the effective date of this pool adjustment.	`REQUIRED`

Source Code: schema/objects/transactions/adjustment/StockPlanPoolAdjustment

Examples:

[
  {
    "object_type": "TX_STOCK_PLAN_POOL_ADJUSTMENT",
    "id": "increase_sop_pool",
    "comments": [
      "Increased for upcoming financing."
    ],
    "date": "2022-11-14",
    "stock_plan_id": "2022 Stock Option Plan",
    "board_approval_date": "2022-11-14",
    "stockholder_approval_date": "2022-11-14",
    "shares_reserved": "100000000"
  }
]