Examples: Common stock class can be just called "Common". Preferred stock classes are usually named like "Series A Preferred".
Used to name stock grant IDs. For example, if the prefix is CS, the stock grants will have unique IDs like CS-1, CS-2, etc.
The maximum number of shares you can issue and reserve for stock plans. Amendments to this initial number can be entered later.
When you grant stock, this will be filled in as the price per share, which can be customized for the true capital contribution.
Determines the payout order during a liquidation event. The first common stock class has a seniority of 1 and is the least senior. Add 1
for the next seniority. Multiple stock classes can have the same seniority.
Shares of Common Stock for 1 share of Preferred Stock.
Learn more about liquidation preference and associated terms
For this stock class’ associated funding round.