Drafts allow you to create and review shares, options, RSAs, SAFEs, and convertible notes before they are sent to stakeholders.
Select Cap Table → Drafts → +Add → proceed with steps of Granting or Recording a security.
Select +Add → select Grant agreement or Record Agreement.
Click between the choices of equity to grant:
Fill out the information:
Select Save & Add Another or Save & Continue (see descriptions below)
Save & Add Another: Saves the current security to draft and brings you back to the same page to proceed through the steps of issuing another same type security
Save & Continue: This will save the current security to the drafts and direct you to the drafts page to view the security
After saving the security (or securities), it will direct you to the Drafts page:
Section 1: Allows you to toggle between securities that require granting documents that need to be e-signed by the stakeholder by selecting the Yes, I need to e-sign grants button or view the grants that have been signed outside of Pulley and need to record the securities in Pulley by selecting No, I want to record signed grants.
Section 2: View the tabs of the different securities you will be granting/recording, you are able to edit or delete the securities in this section. Select the box on the left of the security when ready to add them to the cap table.
Section 3 (Recording Grants): You can select to notify the stakeholder you're adding the security to the cap table (This requires the stakeholder to have an email attached. Select Add to Cap Table to add security to cap table.
Section 3 (E-sign Grants): Will direct you to add an existing board approval / start a board approval on Pulley / or skip. Stakeholder must have an email attached then select Collect Signature to add security to cap table.