EquityList Product Updates

Employees will now receive EquitySlips on completing either a time-based or a performance-based vesting event.

Vesting events signify a considerable milestone in the employment journey but often go unnoticed and un-celebrated. Many companies report that employees mostly lose track of their vesting cycles and thus aren’t able to appreciate their value.

Introducing EquitySlips: Employees will now be notified over email upon completing both time-based and performance-based vesting events, breaking down the number of units vested on a particular date along with their estimated values:

• EquitySlips get generated on vesting events for both ESOP and SAR grants
• EquitySlips get customized with your company logo
• All grant-level values are fetched directly from the platform
• Depending on the vesting schedule of the grant (monthly, quarterly, or yearly), the slips will get triggered accordingly
• Employees can also find their EquitySlips in their employee dashboard

We further intend to add insightful information on these slips to keep employees informed about the performance of their grants. More updates on this soon.