API · Manage · Equity
Apply vesting overlay.
Grant-level companion to POST /entities/{id}/vesting_overlays. The underlying overlay primitive operates on a ShareLedgerEntry; this verb dereferences the Grant to find its source ledger entries and applies the overlay across all of them atomically.
The pattern. A founder issues their own restricted stock at formation with no vesting (the founder_restricted_stock Grant kind, fully outstanding on day 0). Later — typically when an investor makes vesting a precondition of a SAFE / priced round — the founder must retroactively impose a vesting schedule on the previously-issued shares. The 83(b) was filed on the original issuance, so the new overlay does NOT trigger a new 83(b); the tax_election_acknowledgement field documents this.
Cascade. Stockholder consent required (DGCL §242 charter amendment is NOT required since this is a contractual overlay, not a charter amendment) → Document.kind: vesting_overlay_agreement executed by the founder + the entity (counterparty: the company as represented by an officer slate distinct from the founder where possible) → ShareLedgerEntry.amendments[] entry recording the overlay → CapTable.holdings[].vested_shares / unvested_shares recomputation against the new schedule.
Idempotency-Key required. Calls within the 24h retention window with the same key resolve to the same overlay record.
Last updated
Path Parameters
idstringRequiredgrant_idstringRequiredQuery Parameters
dry_runbooleanOptionalIf true, simulate the mutation and return the would-be resource, any cascaded
resources, and a fee estimate — without side effects. Available on every mutation.
Request Body
application/json
TypeScript Definitions
Use the request body type in TypeScript.
vesting_scheduleobjectRequiredcliff_monthsintegerRequiredtotal_monthsintegerRequiredgranularitystringRequired"monthly""quarterly""annually"commencement_datestring<date>RequiredEffective vesting start. Typically the original
Grant's grant_date (preserves the founder's tenure
toward vesting); some investor demands restart this
from the overlay's effective_date.
authorizing_resolution_idstringRequiredStockholder consent authorising the overlay. The
Resolution gains a forward-ref entry in
authorizes_grants[] automatically.
tax_election_acknowledgementobjectRequiredConfirms the founder has acknowledged the 83(b) implications of the overlay. The original 83(b) on the founder_restricted_stock issuance covers the FMV at grant date; the overlay does NOT trigger a new 83(b) because the shares are already issued and outstanding.
acknowledged_implicationsbooleanRequiredMust be true to proceed.
decisionstringRequiredno_new_83b_original_covers is the typical case —
the original 83(b) covers the shares; the overlay is
a contractual restriction, not a tax-realisation
event. file_new_83b_for_amended_terms applies in
the rare case where the overlay materially changes
the shares' tax basis (typically requires counsel).
"no_new_83b_original_covers""file_new_83b_for_amended_terms"effective_datestring<date>OptionalWhen the overlay takes effect. Defaults to the date the authorizing Resolution was executed.
investor_demand_contextobjectOptionalOptional context capturing the investor demand that prompted the overlay (SAFE issuance, priced round closing, acquihire pre-flight). Surfaces in audit rendering and on the resulting Document.
convertible_idstringOptionalround_idstringOptionalfree_textstringOptionalmetadataobjectOptionalFlat string-to-string map. Up to 50 keys. Keys: max 40 chars, charset
[A-Za-z0-9_\\-.]. Values: max 500 chars. Keys prefixed matter_ are reserved
for platform use. Metadata is retrievable but not filterable via query params.
Response Body
application/json
application/problem+json
application/problem+json
application/problem+json
application/problem+json
application/problem+json
application/problem+json
Request
curl -X POST "https://api.mattermode.com/v1/entities/string/grants/string/apply_vesting_overlay" \ -H "Content-Type: application/json" \ -d '{ "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." } }'const body = JSON.stringify({ "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." }})fetch("https://api.mattermode.com/v1/entities/string/grants/string/apply_vesting_overlay", { method: "POST", headers: { "Content-Type": "application/json" }, body})package mainimport ( "fmt" "net/http" "io/ioutil" "strings")func main() { url := "https://api.mattermode.com/v1/entities/string/grants/string/apply_vesting_overlay" body := strings.NewReader(`{ "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." } }`) req, _ := http.NewRequest("POST", url, body) req.Header.Add("Content-Type", "application/json") res, _ := http.DefaultClient.Do(req) defer res.Body.Close() body, _ := ioutil.ReadAll(res.Body) fmt.Println(res) fmt.Println(string(body))}import requestsheaders = { "Authorization": "Bearer sk_test_4eC39HqLyjWDarjtT1zdp7dc", "Matter-Version": "2026-06-10", "Idempotency-Key": "ee7c3a9b-3f1a-4d8e-9b2a-7c5e1f0a2d4b",}payload = { "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." }}resp = requests.post( "https://api.mattermode.com/v1/entities/ent_Nq3KcAbc/grants/grt_C1pT6yWh/apply_vesting_overlay", headers=headers, json=payload,)resp.raise_for_status()print(resp.json())import java.net.URI;import java.net.http.HttpClient;import java.net.http.HttpRequest;import java.net.http.HttpResponse;import java.net.http.HttpResponse.BodyHandlers;import java.time.Duration;import java.net.http.HttpRequest.BodyPublishers;var body = BodyPublishers.ofString("""{ "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." }}""");HttpClient client = HttpClient.newBuilder() .connectTimeout(Duration.ofSeconds(10)) .build();HttpRequest.Builder requestBuilder = HttpRequest.newBuilder() .uri(URI.create("https://api.mattermode.com/v1/entities/string/grants/string/apply_vesting_overlay")) .header("Content-Type", "application/json") .POST(body) .build();try { HttpResponse<String> response = client.send(requestBuilder.build(), BodyHandlers.ofString()); System.out.println("Status code: " + response.statusCode()); System.out.println("Response body: " + response.body());} catch (Exception e) { e.printStackTrace();}using System;using System.Net.Http;using System.Text;var body = new StringContent("""{ "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." }}""", Encoding.UTF8, "application/json");var client = new HttpClient();var response = await client.PostAsync("https://api.mattermode.com/v1/entities/string/grants/string/apply_vesting_overlay", body);var responseBody = await response.Content.ReadAsStringAsync();curl --request POST 'https://api.mattermode.com/v1/entities/ent_Nq3KcAbc/grants/grt_C1pT6yWh/apply_vesting_overlay' \ --header 'Authorization: Bearer sk_test_4eC39HqLyjWDarjtT1zdp7dc' \ --header 'Matter-Version: 2026-06-10' \ --header 'Idempotency-Key: ee7c3a9b-3f1a-4d8e-9b2a-7c5e1f0a2d4b' \ --header 'Content-Type: application/json' \ --data '{ "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." }}'const response = await fetch("https://api.mattermode.com/v1/entities/ent_Nq3KcAbc/grants/grt_C1pT6yWh/apply_vesting_overlay", { method: "POST", headers: { "Authorization": "Bearer sk_test_4eC39HqLyjWDarjtT1zdp7dc", "Matter-Version": "2026-06-10", "Idempotency-Key": "ee7c3a9b-3f1a-4d8e-9b2a-7c5e1f0a2d4b", "Content-Type": "application/json", }, body: JSON.stringify({ "vesting_schedule": { "cliff_months": 12, "total_months": 48, "granularity": "monthly", "commencement_date": "2026-03-01" }, "authorizing_resolution_id": "res_LqGcSdRb", "tax_election_acknowledgement": { "acknowledged_implications": true, "decision": "no_new_83b_original_covers" }, "effective_date": "2026-04-15", "investor_demand_context": { "convertible_id": "led_K8m3xY9q", "free_text": "Pre-seed angel made vesting a condition of SAFE issuance." } }),});if (!response.ok) { throw new Error(`Matter API ${response.status}: ${await response.text()}`);}const data = await response.json();console.log(data);Response
application/json{
"id": "string",
"object": "vesting_overlay",
"entity_id": "string",
"ledger_entry_id": "string",
"grant_id": "string",
"vesting_schedule": {
"cliff_months": 0,
"total_months": 1,
"granularity": "monthly",
"commencement_date": "2019-08-24"
},
"authorizing_resolution_id": "string",
"tax_election_acknowledgement": {
"acknowledged_implications": true,
"decision": "file_new_83b",
"new_83b_document_id": "string"
},
"effective_date": "2019-08-24",
"document_id": "string",
"metadata": {
"customer_id": "cus_7Hpx9WxY",
"portfolio_tag": "y-combinator-w26"
},
"created": 0,
"updated": 0,
"livemode": true
}{
"type": "https://mattermode.com/docs/errors/invalid_request",
"title": "Invalid request",
"status": 400,
"code": "invalid_request",
"detail": "Request body could not be parsed as JSON.",
"doc_url": "https://mattermode.com/docs/guides/errors#invalid_request",
"request_id": "req_Qw9xYz8A"
}{
"type": "https://mattermode.com/docs/errors/authentication_required",
"title": "Authentication required",
"status": 401,
"code": "authentication_required",
"detail": "No bearer token was supplied. Pass `Authorization: Bearer sk_live_...` on every request.",
"doc_url": "https://mattermode.com/docs/guides/errors#authentication_required",
"request_id": "req_Qw9xYz8A"
}{
"type": "https://mattermode.com/docs/errors/not_found",
"title": "Not found",
"status": 404,
"code": "not_found",
"detail": "No entity with id `ent_Nq3KcAbc` is visible to this token.",
"doc_url": "https://mattermode.com/docs/guides/errors#not_found",
"request_id": "req_Qw9xYz8A"
}{
"type": "https://mattermode.com/docs/errors/invalid_state_transition",
"title": "Invalid state transition",
"status": 409,
"detail": "Entity ent_Nq3KcAbc is in state `dissolved` and cannot be dissolved again.",
"instance": "/requests/req_Qw9xYz8A",
"code": "invalid_state_transition",
"param": "founders[0].equity",
"doc_url": "https://mattermode.com/docs/guides/errors#invalid_state_transition",
"request_id": "req_Qw9xYz8A",
"retry_after": 30,
"authorized_by": {
"human_principal_id": "usr_4Kj2m8pQ",
"agent_id": "agt_Nq3KcAbc"
}
}{
"type": "https://mattermode.com/docs/errors/validation_failed",
"title": "Validation failed",
"status": 422,
"code": "validation_failed",
"detail": "One or more fields failed validation. See `errors[]`.",
"doc_url": "https://mattermode.com/docs/guides/errors#validation_failed",
"request_id": "req_Qw9xYz8A",
"errors": [
{
"field": "founders[0].equity",
"code": "out_of_range",
"message": "Equity must sum to 100% across all founders."
}
]
}{
"type": "https://mattermode.com/docs/errors/rate_limit_exceeded",
"title": "Rate limit exceeded",
"status": 429,
"code": "rate_limit_exceeded",
"detail": "Request rate exceeded for this key. Retry after `retry_after` seconds or honor the `Retry-After` header.",
"doc_url": "https://mattermode.com/docs/guides/errors#rate_limit_exceeded",
"request_id": "req_Qw9xYz8A",
"retry_after": 30
}