New updates and improvements to Pulley

Week of March 27, 2021

**FEATURES**

**IMPROVEMENTS**

**BUG FIXES**

• 83(b) election tracker on the exercise requests page

• Replaced excel batch upload with new online spreadsheet mode

• Milestone based vesting for warrants

• Batch conversion for SAFEs and convertible notes to speed up conversion after a fundraising round

• Percent → share calculator to easily calculate how many shares or options to issue based on a percent ownership

• Fundraising modeling can now support YC choosing to use its pro rata right

• Pro rata percentage field included on SAFE form for cases when the pro rata percent is not equal to the investor's current ownership

• Updated Rule 701 design

• Support for international addresses

• Support for additional banks to exercise options

• Fixed detailed report generator linking to summary report

• Draft SAFEs and convertible notes will be displayed on cap table export when "include drafts" is selected

• Fixed new stakeholders occasionally not receiving tasks to accept securities when logging in

Week of March 22, 2021

**FEATURES**

**IMPROVEMENTS**

**BUG FIXES**

• Secondary sales

• Stock splits

• Share calculator to determine a number of shares based on a percentage

• Support for off-line exercise payment after employees submit an exercise request

• Added attachments to share classes

• Added an option to specify a pro rata percentage to SAFEs

• Users will no longer receive emails to "Mark as Exercised" following a successful exercise request.

• Fixed exercise requests creating duplicate certificates

Week of March 15, 2021

**FEATURES**

**IMPROVEMENTS**

**BUG FIXES**

• Rule 701 support to track compliance when issuing options

• Report generator as a hub for all reports

• Automated reminders for 83(b) elections

• Global search (try it with cmd+k)

• Multiple models on the equity calculator

• Refreshed navigation to be more intuitive

• Updated website tab titles to match user's screen

• Enabled copy/pasting in custom vesting

• Stakeholders request to exercise on Pulley and pay off-line

• Revised investor profile page to clarify help text and improve UI

• Admins no longer need to "Mark as Exercised" when exercising options

• Fixed RSU share classes not properly displaying on export

• Fixed stakeholder type not displaying properly

• Editing SAFEs now doesn't require re-recording from drafts

• Fixed error on summary export not capturing fully diluted ownership

Weeks of March 1 and March 8, 2021

**FEATURES**

• Recurring email reminders for key events including 83(b) election deadlines and exercise or repurchase deadlines
• Added activity tracker to each security to track events like when a stakeholder is notified, when a stakeholder accepts, and events like exercising, transfers, repurchases and cancellations
• All securities are now saved as drafts and can either be recorded on the cap table (with no requirements) or issued electronically (with signature and document requirements) → Learn more
• Rule 701 → Learn more
• Online spreadsheet can be used to draft securities
• ASC 718 quote support

**IMPROVEMENTS**

• Custom and milestone vesting interface now uses new spreadsheet mode
• Improved table design
• Summary export now provides more useful information
• Changed "Document Groups" to "Form Documents" with example documents provided
• Added fractional shares to custom vesting
• Updated investor and company admin profile pages