EquityList Product Updates

We’ve released a slick new version of our buyback flow.

Find it under Equity Awards > Buyback Programs.You can now:

• select an appropriate settlement method for your buyback program -
  
  Recycle method will allow you to recycle the surrendered units back to the respective options pool for future issuance.
  
  Extinguish method will cancel the surrendered units, effectively shrinking the pool size on your cap table.
  
• easily track the progress of your buyback program with the new user interface which highlights key metrics for requests and budget.
• bulk upload buyback requests and send invitation emails to employees.
• see all surrender requests related to buyback on the same page.
• create, issue, and execute surrender letters to employees who participated in the buyback.

With this revised buyback flow, you can run your entire buyback on EquityList without having to manually distribute surrender letters or make changes to your cap table.