VestingAcceleration

Object - Vesting Acceleration Transaction#

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

Description: Object describing an acceleration of vesting, in which additional shares vest ahead of the schedule specified in security's vesting terms.

Data Type: OCF Object - TX_VESTING_ACCELERATION

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_VESTING_ACCELERATION` 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`
quantity	schema/types/Numeric	Number of shares vesting ahead of schedule	`REQUIRED`
reason_text	`STRING`	Reason for the acceleration; unstructured text	`REQUIRED`

Source Code: schema/objects/transactions/vesting/VestingAcceleration

Examples:

[
  {
    "object_type": "TX_VESTING_ACCELERATION",
    "quantity": "32458",
    "reason_text": "Founder was terminated following change in control. 100% double-trigger acceleration.",
    "id": "founder-vest-acceleration-1",
    "date": "2020-01-01",
    "security_id": "test-plan-security-id"
  }
]