Grant options to new hires without the paperwork backlog.
Send Capable the list of people and grant sizes. A specialist drafts each grant at the current 409A price with the right vesting, prepares the board consent, sends everything for e-signature and files the executed agreements on your cap table.
$750 · 5 business days · paid upfront, full refund before work starts
Grant batch: one fixed price, ordered in two minutes
Grant batch
$750
10 grants included, $50 each after
Delivered in 5 business days
2 business days rush, +50%
Full refund before work starts
- Draft grants with the right vesting and exercise price
- Board consent ready to sign
- E-signature and filing of executed agreements
Pay by card or US bank account. Invoice included.
You need this now if
Offers went out, grants did not
A new 409A just landed
Your board meets next week
You are hiring outside the US
How it works
- 1
Upload the list
Names, emails, grant sizes and start dates, as a spreadsheet or pasted into the request. - 2
We draft
Each grant with exercise price, ISO or NSO, vesting schedule and expiration, plus a board consent listing them all. - 3
Approve and sign
The board signs the consent; grantees sign their agreements by e-signature in Capable. - 4
Filed and live
Executed agreements attach to each grant and employees see their equity in the portal.
What you get
Board consent
Signed grant agreements
Compliance checks
Capable drafts option grants at the current 409A price, prepares the board consent and collects e-signatures, for $750 per batch of ten.
Three rules every option grant has to satisfy
The board approves it. Under Delaware law the board sets the terms of rights and options to acquire stock, so an offer letter alone does not create a valid grant.
The exercise price is at least fair market value on the grant date, supported by a current 409A valuation, or the option can fall under Section 409A.
Incentive stock options are limited: no more than $100,000 of stock, valued at grant, can first become exercisable as ISOs in any calendar year. Anything above that is treated as a non-qualified option. Rule 701 requires extra disclosure once securities sold in a 12-month period exceed $10 million.
Grant batch questions, answered
Does the board have to approve stock option grants?+
Yes. The board (or a committee it authorizes) approves option grants and their exercise price. An offer letter promising options is not a grant until it is approved.
What exercise price should an option have?+
At least the stock's fair market value on the grant date, which private companies support with an independent 409A valuation dated within the prior 12 months.
What is the ISO $100,000 limit?+
No more than $100,000 of stock, measured at the grant-date value, may first become exercisable as incentive stock options for an employee in one calendar year. The excess is treated as non-qualified.
How much does it cost?+
$750 covers up to 10 grants, $50 for each additional grant, delivered in 5 business days or 2 with rush.
Order your grant batch in two minutes.
Fixed price, paid upfront, delivered in 5 business days. Cancel before work starts for a full refund.