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VestingConditionPortion

Type - Vesting Condition Portion#

https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/vesting/VestingConditionPortion.schema.json

Describes a fractional portion (ratio) of shares associated with a Vesting Condition

Data Type: OCF TYPE

Properties:

Property Type Description Required
numerator schema/types/Numeric Numerator of the ratio, i.e. the ratio of A to B (A:B) can be expressed as a fraction (A/B), where A is the numerator REQUIRED
denominator schema/types/Numeric Denominator of the ratio, i.e. the ratio of A to B (A:B) can be expressed as a fraction (A/B), where B is the denominator REQUIRED
remainder BOOLEAN If false, the ratio is applied to the entire quantity of the security's issuance. If true, it is applied to the amount that has yet to vest. For example:
A stakeholder has been granted 1000 shares, and 400 are already vested.
If the portion is 1/5 and remainder is false for a VestingCondition, then that condition will vest 200 shares -- 1/5 of the 1000 granted.
If the portion is 1/5 and remainder is true, then that condition will vest 120 shares -- 1/5 of the 600 unvested.
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Source Code: schema/types/vesting/VestingConditionPortion

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