Creating Restricted Stock (RSA, RSU)

Access the ‘Spreadsheet’ tab from the side menu Record the issuance by going to Cap Table > Spreadsheet > ‘Common Issuances’. Indicate a vesting schedule and vesting commencement date.  Go to the stock certificate page by searching either for the certificate or the name of the stockholder.  Select Actions > […]

How do I copy an existing Workflow template on Shareworks Startup?

Copying System Templates To access templates on Shareworks Startup, click into the Dashboard. Select “Document Management” and click “Templates.” Locate the template you want to copy, click the three-dot menu, then “Copy to Company.” That’s it! You should see a message at the bottom of your screen stating “The system […]

Why Can’t I Change the Shareholder Name in Spreadsheet View?

In order to prevent data fidelity issues, we assign shareholder names as the key identifying piece of information we use to link certificate details. This is also to prevent accidentally transferring a shareholder’s shares from one shareholder to another (check out the transfer shares article if you’d like to do […]

What Are Cap Table Auditor Warnings?

The cap table auditor provides you with notifications when something on your cap table doesn’t look quite right. This helps you to review your cap table and correct any data fidelity issues that arise from data entry errors, or time-bound events. You can see how many warnings you have at […]

Stock Expensing: Calculating Volatility

This article is part of a series meant to help users and auditors better understand the calculations that are being made inside Shareworks Startup when calculating a company’s stock expense, either for ASC 718 or ASC 505-50 (previously known as FAS 123R). Volatility is another important input into the Black-Scholes […]

Stock Expensing: Calculating the Fair Value of an Option

This article is part of a series meant to help users and auditors better understand the calculations that are being made inside Shareworks Startup when calculating a company’s stock expense, either for ASC 718 or ASC 505-50 (previously known as FAS 123R). Fair Value: At the core of the ASC […]

How To Set Vesting on Common Stock

Shareworks Startup makes it extremely easy to set Common Stock as Restricted with a vesting plan for founders and others. Follow the steps below to add vesting to a common issuance: Open the Navigation Drawer on the left-hand side, and go to ‘Spreadsheet’: In Spreadsheet, you’ll find fields to add […]

Creating a Summary Cap Table for Investors

When entering a new round your investors will likely ask to view your cap table. Depending on the type of information in your cap table already, you may want to hide certain things such as private shareholder information and agreements. You can do so by creating a summary cap table […]

Changing the Account Owner for a company

Account Owners in Shareworks Startup are unique and have a few extra permissions above that of normal Edit users. These are what separate them: Account Owners have the ability to delete a company. They are considered the point of contact if Shareworks Startup needs to reach out to the company. […]