Delete Option Grants and Pools
This article covers how to delete individual option grants or an entire option pool. Deletion is permanent and is intended for correcting data entry errors, not for managing employee departures.
If you made a data entry error and want to correct rather than fully remove a grant, use the edit flow instead.
Before you start
Deletion is irreversible: it permanently removes the grant from your records.
For employees leaving the company, use the offboarding process instead. This retains a record of the original grant while managing vesting and lapsing appropriately.
An option pool can only be deleted once it is completely empty, all offers (both draft and granted) must be removed first.
Delete individual option grants
Go to Plans → Options.
Click View pool on the relevant option plan.
To delete multiple grants at once:
Tick the checkbox next to each grant you want to delete.
Click Bulk Actions and select Delete Grants.
To delete a single grant:
Click the trash icon on the right side of the grant row.
Deleting option grants will delete the signed grant letter attached. Should you need to retain a copy, download it before deleting via Documents → All documents.
Delete an option pool
A pool can only be deleted after all offers within it have been removed.
Go to Plans → Options.
Click View pool on the plan you want to delete.
Delete all grants using the steps above (both draft and granted offers must be removed).
Click the trash icon in the top right corner to delete the now-empty pool.
What happens next
The grant or pool is permanently removed and will no longer appear on your cap table or in reporting. This action cannot be undone.