Vesting Schedule - Formula/Formatting

[ExcelUser18]

Hi all,

I come to you with hat in hand and a blank Excel sheet as I have no idea how to solve my current "problem". I need to create a vesting schedule for restricted stock units awarded to an employee and I have no idea how to represent visually or formulaically. The basic concept is as follows:

1. A deferred bonus is awarded sometime in December 2024 as a lump sum of cash (i.e. $10K).
2. The $10K is then used to purchase company stock at the current stock price (i.e. $30/unit) so the employee is awarded 333.33 units of company stock.
3. The $10K awarded in December 2024 has a 3 year vesting period to which 1/3 of the 333.33 units vests over 2025, 2026, and 2027
4. Come December 2025, the first 1/3 of stock vests at the then current stock price (could be higher or lower than the $30/unit it was awarded at but for this example, lets say $35/unit).
5. The amount of vested stock units is 111.11 (1/3 of 333.33) at a vested price of $35/unit for a gross total of $3,888.89.
6. The company will automatically take units out for tax purposes, lets say 36.3% so the actual amount of stock deposited into the employees account is 70.78 units or $2,477.13 of value.
7. From here, the process repeats for amounts awarded in December 2025 that vest from 2026 through 2028 and so on and so forth.

I'd like to be able to have an excel that tracks each calendar year award and the vesting schedules for that period. The inputs would be the awarded amounts for each year, the stock price at the award date, the stock price at the vest date, taxable %, and remaining balance of unvested stock units for that calendar year. After the first year of award, it would also be helpful to track the various bullets above in the aggregate to show how much total awarded, how much total vested/unvested to date, taxed, etc.

I've googled and searched a lot before posting here so apologies if I've missed something so blindly but I'm really don't know how to put this together so I would appreciate anyone's help or guidance. There might be more I'm missing once I see it built out but the above is what I can think of for now. I would really appreciate any and all help and I hope this is the right forum to ask. Thank you.

 

[StephenCrump]

I come to you with hat in hand and a blank Excel sheet as I have no idea ...

I've googled and searched a lot ...

You were here asking a similar question in 2022: RSU vesting schedule

A volunteer forum is not going to deliver you a solution from scratch. But we'll be happy to help if you are stuck with a specific question, based on the work you've done to date.

 

[ExcelUser18]

You were here asking a similar question in 2022: RSU vesting schedule

A volunteer forum is not going to deliver you a solution from scratch. But we'll be happy to help if you are stuck with a specific question, based on the work you've done to date.

Yep, I didn't know how to put this together then and I still don't know how to do it now. That's why I've prefaced my comment the way I did.