diff --git a/handbook/business-operations/README.md b/handbook/business-operations/README.md index 8cf02059e5..880fab6306 100644 --- a/handbook/business-operations/README.md +++ b/handbook/business-operations/README.md @@ -326,7 +326,6 @@ Every job description page ends with a "call to action", including a link that c When a candidate clicks applies for a job at Fleet, they are taken to a generic Typeform. When they submit their job application, the Typeform triggers a Zapier automation that will posts the submission to `g-business-operations` in Slack. The candidate's job application answers are then forwarded to the applicable `#hiring-xxxxx-202x` Slack channel and the hiring manager is @mentioned. - ### Recruiting #### Checking legal restrictions on hiring Fleet maintains a list of companies with whom Fleet has do-not-solicit terms that prevents us from making offers to employees of these companies. The list is in the Do Not Solicit tab of the [BizOps spreadhseet](https://docs.google.com/spreadsheets/d/1lp3OugxfPfMjAgQWRi_rbyL_3opILq-duHmlng_pwyo/edit#gid=0). @@ -440,7 +439,7 @@ We're happy you've ventured a trip around the sun with Fleet. Let's celebrate! - If additional follow-up is required for the compensation change, Mike McNeil works with the business operations team to take care of it. ### Equity grants -Equity grants for new hires are queued up as part of the hiring process, then grants and consents are processed quarterly. +Equity grants for new hires are queued up as part of the [hiring process](https://fleetdm.com/handbook/business-operations#hiring), then grants and consents are [batched and processed quarterly](https://github.com/fleetdm/confidential/issues/new/choose). Doing an equity grant involves: 1. executing a board consent @@ -448,9 +447,11 @@ Doing an equity grant involves: 3. updating the number of shares for the recipient in the equity plan 4. updating Carta to reflect the grant -To queue up an equity grant: -1. TODO +For the status of stock option grants, exercises, and all other _common stock_ including advisor, founder, and team member equity ownership, see [Fleet's equity plan](https://docs.google.com/spreadsheets/d/1_GJlqnWWIQBiZFOoyl9YbTr72bg5qdSSp4O3kuKm1Jc/edit#gid=0). For information about investor ownership, see [Carta](https://app.carta.com/corporations/1234715/summary/). +> Fleet's [equity plan](https://docs.google.com/spreadsheets/d/1_GJlqnWWIQBiZFOoyl9YbTr72bg5qdSSp4O3kuKm1Jc/edit#gid=0) is the source of truth, not Carta. Neither are pro formas sent in an email attachment, even if they come from lawyers. +> +> Anyone can make mistakes, and none of us are perfect. Even when we triple check. Small mistakes in share counts can be hard to attribute, and can cause headaches and eat up nights of our CEO's and operations team's time. If you notice what might be a discrepancy between the equity plan and any other secondary source of information, please speak up and let Fleet's CEO know ASAP. Even if you're wrong, your note will be appreciated. ## Departures