How to register a vesting suspension?

When an employee takes a special leave of absence (sabbatical leave, long-term unpaid leave, etc.) it may be necessary to record a vesting suspension in order to pause the acquisition of the shares that have been allocated to him.

Here are some cases in which a vesting suspension may be recorded :

  • Jules, a loyal BSPCE beneficiary, decides to take a sabbatical for a round-the-world trip in 80 days (or more).
  • Matthieu, a lucky AGA beneficiary is now a young father, wishes to take a parental leave.

To enter your vesting suspension transaction, here are the steps to follow :

1️⃣ Add a new transaction and select Suspension :

 

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2️⃣ Select the account affected by the suspension :

 

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3️⃣ Enter the inherent informations of the suspension : 

🟠 The pause start date
🟣 The pause end date

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💡 If the holder concerned by the suspension has several vestings in progress, you can suspend several of the vested securities simultaneously. 

4️⃣ Link the suspend operation to an event or create a new one :

 

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