Equity Grants
Example · Board of 3First VP Engineering grant at our seed stage — 0.5%, 1%, 1.5%?
Chief of staff
This one needs a board: The CFO, The Investor and The Lawyer. The CFO pressure-tests unit economics, runway, and capital allocation. Each researches alone first, then they react to one another — and on a decision, two of them take opposed sides.
The CFOFinancial Controller
The InvestorVC Partner
The LawyerLegal Protector

Asked first
Is the money for this already in the bank, or still promised?
In the bankPromisedNot yet
The board’s call
Grant the first VP Engineering 1.0% with 4-year vest, 1-year cliff, double-trigger acceleration.
A 1% grant at seed is competitive without being cap-table-destructive. Refresh grants prevent the "fully vested and ready to leave" problem.

The Lawyer disagreed
“409A valuation should be set before granting — late paperwork is a tax mess”
Board of 3 · up to 135 credits on the card · an example, not a recorded run








