The Pulley platform uses Drafts for multiple purposes listed below:
Save securities to be added to cap table on a later date
Review and Edit securities before submitting to the cap table
Securities are required to be saved here before processing a board approval
Save Securities - When adding any securities on Pulley after filling out all the information, you are prompted to select Save & Continue. This will then save the securities to Drafts and will remain in drafts until deleted or added to the Cap Table (Locate drafts from screenshot below)
Review and Edit - In section 2 of Drafts, both highlighted areas you can select to view the details of the securities and make changes if needed.
Board Approvals - In order to start a board approval flow on Pulley it is required to have the Option Grants already drafted in Pulley.