RSAs are a common way to grant actual shares (not options) to early employees and founders, typically with vesting and repurchase rights in favor of the company. This article walks through what RSAs are, how they work on Mantle, and how to answer “what % is this grant?” using your cap table.

What is an RSA?

• An RSA is a grant of stock that is issued up front and subject to vesting or other restrictions.​

• If vesting or conditions are not met, the company typically has the right to repurchase unvested or forfeited shares.​

• RSAs are often used for founders or very early employees when the company’s fair market value is low and it is still practical to issue fully paid shares.

How RSAs work on Mantle

• Mantle supports RSAs alongside other security types such as options, SAFEs, preferred stock, and warrants.

• RSAs appear on your cap table like any other share issuance and are included in exports and scenario modeling.

• You can use Mantle’s role-based access controls so only the right admins, counsel, or finance users can draft and approve RSA grants.

Issuing an RSA in Mantle

To draft a new RSA:

• Go to the Issuing Shares section in your Mantle workspace (Platform Features → Issuing Shares).​

• Start a new RSA issuance using your standard templates and workflows for share grants.

• Enter the grant details (recipient, share class, number of shares, price per share, vesting schedule, and any repurchase terms) and proceed through review and signature using built‑in e‑signing.

• Once fully executed, the RSA automatically updates your cap table and downstream reports, so there’s no separate spreadsheet or manual entry required.

Tip: If you are still collecting final legal details or approvals, you can keep the RSA in draft until you are ready to issue. Drafts can still be modeled on the cap table before they are finalized.

Seeing RSA ownership percentages

To see the fully diluted percentage for an RSA grant:

• Create an RSA draft by navigating to Securities → RSAs.

• Navigate back to your main cap table view.

• Click on “Include drafts” at the top right so in‑flight issuances (including your RSA draft) are counted in the numbers.

• Click on the Stakeholders tab to see each person’s total fully diluted share count and fully diluted ownership percentage.

Modeling RSAs alongside other securities

• RSAs are automatically incorporated into your fully diluted share count along with options, SAFEs, preferred stock, and other securities you track on Mantle.

• You can use Mantle’s scenario modeling tools to understand how RSAs interact with future rounds, option pool top‑ups, and SAFE conversions, all from a single cap table.