Reporting
Record and maintain 409A valuations
Record provider-supplied share fair market values in Cap Table and review their effect on option strikes, reports, and valuation reminders.
On this page
Record the provider’s value
In Settings, use the 409A valuation section to record a value. Enter the effective date, positive fair market value per share, and an optional note identifying the provider or valuation event. Save the record, then attach the supporting report from its valuation entry in Settings.
Cap Table records a valuation supplied by you. It does not perform a 409A valuation, select the appropriate methodology, or establish that a value satisfies US tax requirements.
Check dates and split units
Use the valuation’s effective date, which may differ from the date you enter it. Reports select the recorded valuation in force on the relevant grant or exercise date.
If backfilling a valuation dated before a recorded stock split, follow the form’s unit warning: enter the price in today’s post-split units and compare the displayed historical equivalent with the provider’s report. For example, $2 per share before a 2-for-1 split corresponds to $1 in current units.
Review where the value is used
Recorded FMV helps prefill option strikes, flag below-FMV strikes, value RSUs and options in expense reports, and supply exercise-date values for Form 3921 supporting data. Correcting valuation history can therefore change several reports.
The app also flags an old valuation or one overtaken by a priced round. A reminder is a review prompt, not a professional determination that the value is valid or invalid for every purpose.
Correct history with the source report available
Review the history entry and its attachments before deleting or replacing an incorrect valuation. Re-run affected reports after the correction and retain the version used for a completed review or filing. A company can keep up to 40 recorded valuations. Deleting a valuation has no Undo action; review any file-deletion choice and retain the source report before correcting the history.
Do not substitute a financing’s preferred-share price for common-share FMV without a supporting basis. Read Stock compensation and valuation assumptions for the distinction between a share value, option value, and expense.