Inside a Countersign account
Every holder you are walking off the cap table, where each one has got to, and the documents behind it. Start your own and this is what you get.
Sample cleanups
CS-0117 · Co-founder who left
M. Brandt
Left month 5, 1,500,000 shares, buyback agreed at FMV
Board signed offCS-0121 · Advisor who never advised
J. Whitlow
FAST-style agreement, two calls in 2024
Documents signedCS-0124 · Angel you want out
Harbor Line SPV
Wants out before the priced round
They acknowledgedCS-0126 · Early engineer, paper grant
P. Ndiaye
Offer letter promised 80,000; no grant on file
You started it
One cleanup, opened
Documents · 2 of 5
Step 3 of 5
83(b) election
The filed election and the proof of mailing, if there was one. If it was never filed, skip this.
- The grant.pdfStored
- Vesting schedule.pdfStored
Where it is
- You started it
- They acknowledged
- Requirements met
- Documents signed
- Money confirmed
- Board signed off
- Cap table updated
Next · Cap table updated
- Written board consent has not been collected.
- The cap table has not been updated to match.
Record what has happened
A cleanup moves one step at a time, and only when that step is genuinely done. The rules are enforced on the server, not in the browser.
The log
Board sign-off · 2 of 3 consents in
07 Sep · 14:02
Buyback paid · ref CS-0117
07 Sep · 08:22
Both signed
06 Sep · 11:03
They agreed to terms
05 Sep · 16:40
Cleanup opened
04 Sep · 09:12