PlanSecurityRelease

Object - Plan Security Release Transaction#

https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/objects/transactions/release/PlanSecurityRelease.schema.json

Description: Object describing a plan security release transaction

Data Type: OCF Object - TX_PLAN_SECURITY_RELEASE

Composed From:

Properties:

Property	Type	Description	Required
id	`STRING`	Identifier for the object	`REQUIRED`
comments	[`STRING`]	Unstructured text comments related to and stored for the object	-
object_type	Constant: `TX_PLAN_SECURITY_RELEASE` Defined in schema/enums/ObjectType	Object type field	`REQUIRED`
date	schema/types/Date	Date on which the transaction occurred	`REQUIRED`
security_id	`STRING`	Identifier for the security (stock, plan security, warrant, or convertible) by which it can be referenced by other transaction objects. Note that while this identifier is created with an issuance object, it should be different than the issuance object's `id` field which identifies the issuance transaction object itself. All future transactions on the security (e.g. acceptance, transfer, cancel, etc.) must reference this `security_id` to qualify which security the transaction applies to.	`REQUIRED`
settlement_date	schema/types/Date	The settlement date for the shares released, typically after the release transaction date	`REQUIRED`
release_price	schema/types/Monetary	The release price used to determine the value of the security at the time of release	`REQUIRED`
quantity	schema/types/Numeric	Quantity of shares released	`REQUIRED`
consideration_text	`STRING`	Unstructured text description of consideration provided in exchange for security release	-
resulting_security_ids	[`STRING`]	Identifier of the new security (or securities) issuance resulting from a release transaction	`REQUIRED`

Source Code: schema/objects/transactions/release/PlanSecurityRelease

Examples:

[
  {
    "object_type": "TX_PLAN_SECURITY_RELEASE",
    "id": "test-plan-security-release-minimal",
    "security_id": "387878ba-8fb6-4673-812e-32c092947899",
    "date": "2017-07-22",
    "settlement_date": "2017-07-22",
    "quantity": "9000",
    "release_price": {
      "amount": "9.00",
      "currency": "CAD"
    },
    "resulting_security_ids": []
  },
  {
    "object_type": "TX_PLAN_SECURITY_RELEASE",
    "id": "test-plan-security-release-full-fields",
    "security_id": "387878ba-8fb6-4673-812e-32c092947899",
    "date": "2017-07-22",
    "settlement_date": "2017-07-25",
    "quantity": "9000",
    "release_price": {
      "amount": "9.00",
      "currency": "CAD"
    },
    "consideration_text": "9.00 CAD",
    "comments": [
      "Release the securities"
    ],
    "resulting_security_ids": [
      "resultant-security-id-1",
      "resultant-security-id-2"
    ]
  }
]