Recording Repurchases
It’s important to execute the relevant repurchase agreements before recording them in your cap table. Recording the repurchase in the cap table by itself does not effectuate the legal repurchase transaction.
Recording Share Repurchases
Once you’ve legally executed a share repurchase, you can record the repurchase and upload the repurchase agreements in your cap table:
- Navigate to Securities > Shares.
- Find the relevant share security and click on it to open the share security page.
- Click on the Actions button in the top right corner and select Record repurchase.
- Enter the repurchase details and upload the executed repurchase agreement.
- Review the repurchase details and confirm the repurchase.
In the case of a partial repurchase, a balance share security will be created automatically to track the remaining shares.
Recording Repurchases of other Security Types
If you need to record the repurchase of a security that isn’t a share security, please contact startups@angellist.com for assistance.
Where can I view historical repurchases?
Transactions (option exercises, share repurchases, share transfers, and conversions) appear in the Transactions tab:
You may also download various reports that contain repurchase-related information from the Reports tab:
Recording Repurchases Associated with a Stakeholder Termination
A security repurchase associated with a stakeholder termination can also be recorded using the Stakeholder Termination workflow.