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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