Haha! I believe there is actually a report that sort of rolls-forward the equity plan numbers in the Financial Reporting tool (don't quote me on that though...).
A Roll Forward report is what we use to show all the different ins and outs of shares in the equity plan - what happens to each share that is set aside for the plan. So the way we usually set it up is we have a start and an end date, and then we identify how we got from the starting plan balance and available amount to the ending ones - what was granted, exercised, cancelled, transferred (for RSAs from the plan), etc. And then we add the data to back up all the numbers so it's easily auditable.
It's something we do for our larger clients each month or quarter, but I hope this new report will cut our time down to be a fraction of the time we currently spend the report.
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Chris Hoffmann
Founder, Equity Admin Co.
https://www.equityadmin.co/801.420.0441
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Original Message:
Sent: 03-09-2023 08:00
From: David Wieseneck
Subject: Where did all the reports go?
What is a roll-forward needed for? How do you use it & why?
I'm now questioning all my work...
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David Wieseneck
VP Finance
Demostack
Original Message:
Sent: 03-09-2023 07:54
From: Chris Hoffmann
Subject: Where did all the reports go?
@David Wieseneck I can't tell you how excited I am for the Equity pool transactions ledger. This should make roll-forwards a breeze!
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Chris Hoffmann
Founder, Equity Admin Co.
https://www.equityadmin.co/
801.420.0441
Original Message:
Sent: 03-09-2023 07:49
From: Chris Hoffmann
Subject: Where did all the reports go?
WHAT GREAT NEWS!!!
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Chris Hoffmann
Founder, Equity Admin Co.
https://www.equityadmin.co/
801.420.0441
Original Message:
Sent: 03-09-2023 07:40
From: David Wieseneck
Subject: Where did all the reports go?
Looks like the reports are coming back & improved :)
https://releasenotes.carta.com/suite-of-new-equity-reports-3pbTq
What's new?
Soon, you will be able to access 8 new reporting templates under Capitalization > Reporting, which provide you with access to critical data points about your equity pool, company, securities, and stakeholders. You will be able to see exactly how your key option pool values are derived, view equity awards joined with Grant Reason and Employee ID, and even export a detailed list of stakeholders and their properties.
Why is this important?
We've been listening to every piece of feedback from you, and have heard the challenges that you face. The new reports address these challenges, providing visibility into how key pool values are derived, and giving you reporting access to over 60 key fields that were spread across multiple places, and in some cases, previously un-reportable.
Those 8 template reports are:
- Equity pool transaction ledger: A detailed view of shares available to issue from your equity pool. This new report includes a double-entry activity log for every transaction so you can see, line-by-line, exactly how available shares and other plan values were derived.
- Common securities ledger: A ledger of all Common shares in Carta.
- Equity awards outstanding: A detailed view of all outstanding equity awards across all plans on Carta.
- Equity plan granted: A ledger of all securities granted from the equity plan.
- Options outstanding: A detailed view of all outstanding options across all plans on Carta.
- Securities ledger: A ledger of all securities tracked on Carta.
- Share registry: Used by companies in many countries to create a share/equity register or register of holders.
- Stakeholder details: Full list of stakeholders and their properties.
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David Wieseneck
VP Finance
Demostack
Original Message:
Sent: 02-20-2023 18:29
From: David Wieseneck
Subject: Where did all the reports go?
I saw this announcement:
But where did the super helpful Equity plan granted & Options outstanding report go? Those were really good reports & there is no other report that has the same data, specifically Grant Reason. Why take those away?
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David Wieseneck
VP Finance
Demostack
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