How to Vest Manually
Cake vests options automatically based on each grant's vesting schedule. For situations where you need to vest a milestone-based event, or override the automatic time-based vesting schedule, you can add a manual vest event.
Note: For grants with time-based vesting only, manual vesting adds a one-off vesting event to the grant record. The platform will no longer be able to follow the original time-based vesting schedule applied and the grant will be in a Paused state. Reach out to Customer Success if you need assistance.
Add a manual vesting event
Go to Plans → Options.
Click View pool on the relevant option plan.
Find the grant holder in the offer list and click Actions on the right-hand side.
Select Vest options from the dropdown.
Choose Vest type: Periodic vesting or Milestone vesting (choose the latter if you are marking a milestone as achieved or met).
Enter:
Vest date: the date the vesting occurred
Number of options: how many options are vesting in this event
Click Vest.
The vested options are added to the grant record immediately.
What Happens Next
The manually vested options appear as a vesting event in the grant's transaction history. The employee will see the updated vested count in their My Cake portal.
Tip: If you're accelerating vesting as part of an employee departure, use the off-boarding flow instead, it handles vesting, lapsing, and the departure record in one guided workflow.