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How do I grant Restricted Stock Awards (RSAs)?
Yin Wu avatar
Written by Yin Wu
Updated over a week ago

Issuing restricted stock awards (RSAs) electronically allows you to grant options to employees entirely on Pulley instead of having them sign documents offline.

Overall process

1. Select "Restricted Stock Awards" as the agreement

To start issuing new option grants: click + New in the left navigation bar → select New Contract → select Restricted Stock Awards (RSAs)

2. Do a one-time setup

If you're issuing RSAs for the first time in Pulley, you'll need to do a one-time setup:

  1. Set 1-2 certificate signatories:

    • Assign up to two people from the company who will e-sign all issued RSAs' certificates. Their e-signatures will show up on the certificates like so:

  2. Upload Restricted Stock Award Template:

3. Enter RSA's details

You can now start setting up RSAs to issue. If you're a Pulley pro and to need to issue multiple of the same RSAs agreement, we recommend the "spreadsheet" method.

4. Review your drafted RSAs

Double check and preview the PDFs that your RSAs' stakeholders will receive and e-sign:

5. Collect e-signatures 🖊

After you click Collect Signatures:

  1. If you're the company's Certificate Signatory, then you'll receive both an email and a task within Pulley to e-sign the agreement.

  2. Wait for the RSAs' stakeholders to e-sign, too. You can resend the emails as needed.

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