How growth shares work on Vestd
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You’re in control and can take them back if the award criteria aren’t met
If circumstances change or the recipient doesn’t meet your award criteria you can always cancel the growth shares and we’ll just convert the allocated shares into worthless deferred shares.
Once you’re happy the award criteria have been met you make the growth shares ‘unconditional’ and they will now be dividend yielding.
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It was a combination of extremely knowledgeable support and really simple and intuitive technology. You’ve massively simplified the whole share scheme process for everyone involved.