Draft option grant

Draft Option Grant

Description: _A draft option grant is an object that is the precursor of an option grant before it is approved, signed, and issued.

The "draft" prefix is used to differentiate it from the final option grant object._

Referenced By (3): - Draft Securities Service Create Draft Option Grant Body - Create Draft Option Grant Response - Get Draft Option Grant Response

References (13): - Issuersdraftsecurities Exercise Periods - Issuersdraftsecurities Stakeholder - Issuersdraftsecurities Stock Option Type - Board Approval - Compliance - Date - Decimal - Draft Security State - Grant Reason - Iso8601 Complete Calendar Date Time - Money - Option Grant Documents - Vesting

Example:

{
  "id": "6eeb0b6f-84c4-4071-8d94-9f0cefd59230",
  "draftOptionGrantSetId": "6431d9c0-cba4-4134-8f1a-647d3d14e241",
  "issuerId": "0791d98d-8d65-43ac-9571-749070054821",
  "state": "DRAFT_SECURITY_STATE_DRAFTING",
  "stockOptionType": "STOCK_OPTION_TYPE_ISO",
  "grantReason": "GRANT_REASON_NEW_HIRE",
  "quantity": {
    "value": "1000.0"
  },
  "earlyExercise": false,
  "exercisePrice": {
    "currency_code": "USD",
    "amount": {
      "value": "100.0"
    }
  },
  "stakeholder": {
    "name": "Jane Doe",
    "email": "jane.doe@example.com",
    "employeeId": "ASDF-123",
    "type": "STAKEHOLDER_TYPE_INDIVIDUAL",
    "relationship": "STAKEHOLDER_RELATIONSHIP_EMPLOYEE"
  },
  "compliance": {
    "countryOfResidency": {
      "value": "USA"
    },
    "stateOfResidency": {
      "value": "US-CA"
    },
    "federalExemption": "RULE_701"
  },
  "notes": "Additional note about drafting",
  "createTime": {
    "value": "2024-02-29T18:18:00Z"
  },
  "updateTime": {
    "value": "2024-02-29T18:18:00Z"
  },
  "vesting": {
    "templateId": "6eeb0b6f-84c4-4071-8d94-9f0cefd59230",
    "startDate": {
      "year": 2024,
      "month": 2,
      "day": 29
    },
    "acceleration": {
      "name": "Acceleration name",
      "terms": "Accel Terms"
    }
  },
  "customLabel": "ABC-123",
  "grantDate": {
    "year": 2024,
    "month": 2,
    "day": 29
  },
  "boardApprovalDate": {
    "year": 2024,
    "month": 2,
    "day": 29
  },
  "boardApproval": "BOARD_APPROVAL_APPROVED",
  "expirationDate": {
    "year": 2034,
    "month": 2,
    "day": 29
  }
}

Properties:

Property	Type	Description	Required
`boardApproval`	Board Approval	The board approval status for the draft option grant.	-
`boardApprovalDate`	Date	The board approval date for the draft option grant. Only provide if the board_approval status is approved.	-
`compliance`	Compliance	The compliance details of the stakeholder.	-
`createTime`	Iso8601 Complete Calendar Date Time	Output only. The timestamp when the option grant was created.	-
`customLabel`	`STRING`	A custom identifier for the draft option grant. Constraints: Max length: 32	-
`documents`	Option Grant Documents	Optional documents that are relevant to a draft option grant.	-
`draftOptionGrantSetId`	`STRING`	Output only. The unique identifier of the draft option grant set.	-
`earlyExercise`	`BOOLEAN`	Whether the option grant allows for early exercise.	-
`exercisePeriods`	Issuersdraftsecurities Exercise Periods	The exercise periods for the draft option grant.	-
`exercisePrice`	Money	The exercise price of the option grant.	-
`expirationDate`	Date	The expiration date for the draft option grant.	-
`grantDate`	Date	The grant date for the draft option grant.	-
`grantReason`	Grant Reason	The reason for granting the option.	-
`id`	`STRING`	Output only. The unique identifier of the draft option grant.	-
`issuerId`	`STRING`	Output only. The unique identifier of the issuer.	-
`notes`	`STRING`	Additional notes about the option grant. Constraints: Max length: 1000	-
`optionGrantId`	`STRING`	Output only. The unique identifier of the option grant that is originated by this draft once it is issued.	-
`quantity`	Decimal	The quantity of shares awarded in the option grant.	-
`stakeholder`	Issuersdraftsecurities Stakeholder	The stakeholder to whom this security will be issued.	-
`state`	Draft Security State	Output only. The state of the draft option grant. Certain states are read-only and the draft option grant cannot be modified in those states.	-
`stockOptionType`	Issuersdraftsecurities Stock Option Type	The type of the option grant.	-
`updateTime`	Iso8601 Complete Calendar Date Time	Output only. The timestamp when the option grant was last updated.	-
`vesting`	Vesting	The vesting details of the option grant.	-