Carta Collective

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  • 1.  Reverse Exercise Request

    Posted 01-19-2023 12:04
    Hi there, I submitted a request to exercise my vested options and it created Certificate UCS-13. I did not sign this certificate yet and decided I would prefer not to exercise the options yet. Would it be possible to reverse the certificate request for these options? Thanks.

    Carta Admin

  • 2.  RE: Reverse Exercise Request

    Posted 04-06-2023 13:32

    Thanks for contacting Carta! Happy to help with the request to reverse the exercise you are inquiring about.

    The process will go as follows: Carta Support contacts the company on your behalf. If company agrees to the reversal, Carta will assist with the deletion of the certificate and the company will be responsible for remitting the funds back to you from the exercise. If you would like to proceed, please answer the following: Option grant # related to the exercise and the reason for reversal request.

    Brent Devey
    Community Manager